Greenlane Holdings, Inc. (GNLN) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
GNLN currently has 631K outstanding shares. with significant dilution risk as 4.51M authorized shares could dilute existing holders by 714.2%. The company has significantly diluted shareholders by 13961.04% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 2 stock splits (positive for accessibility) and 2 reverse splits (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 15, 2026 |
10-Q filing | 0.6M shares outstanding |
630K | 4.5M |
| Apr 06, 2026 |
Stock Split
8-K filing: Stock split 1-for-8 | Outstanding: 5,039,563 → 629,945 |
630K | 4.5M |
| Mar 31, 2026 |
10-K filing | 5.0M shares outstanding |
5M | 36M |
| Jan 13, 2026 |
8-K filing: Greenlane Holdings, Inc. entered into a Sales Agreement with Yorkville Securities, LLC, allowing the Company to offer and sell up to $5,355,687 shares of its common stock through an at-the-market offering. |
1.4M | 40M |
| Nov 21, 2025 |
S-3 filing: The filing registers the resale of common stock by selling stockholders. |
1.4M | 40M |
| Oct 27, 2025 |
8-K filing: The company closed private placement offerings on October 23, 2025, issuing shares of Class A common stock and pre-funded warrants to accredited investors for cash and cryptocurrency, as well as strategic advisor warrants. |
1.4M | 5.9M |
| Oct 20, 2025 |
8-K filing: Greenlane Holdings, Inc. entered into subscription agreements for a private placement offering of Class A common stock and pre-funded warrants, expecting to raise approximately $110 million. |
1.4M | 5.9M |
| Sep 05, 2025 |
S-3 filing: This S-3 filing registers various securities, including Class A common stock, preferred stock, depositary shares, warrants, rights, and units, for potential offering with an aggregate price up to $200,000,000. |
1.4M | 5.9M |
| Aug 14, 2025 |
10-Q filing | 1.4M shares outstanding |
1.4M | 5.9M |
| May 15, 2025 |
10-Q filing | 1020.6M shares outstanding |
1B | 0 |
| Apr 17, 2025 |
S-1/A filing: This S-1/A filing, dated 2025-04-17, relates to the offering and resale of up to 1,169,711,239 shares of common stock by selling stockholders, including shares issuable upon exercise of warrants, with the company receiving proceeds only from the cash exercise of warrants. |
8.3M | 1.2B |
| Mar 21, 2025 |
S-1 filing: This S-1 filing relates to the offering and resale of up to 1,169,711,239 shares of common stock by selling stockholders. |
1.3M | 1.2B |
| Mar 21, 2025 |
10-K filing | 8.3M shares outstanding |
8.3M | 1.2B |
| Nov 14, 2024 |
10-Q filing | 1.3M shares outstanding |
1.3M | 5.9M |
| Oct 30, 2024 |
8-K filing: Greenlane Holdings, Inc. entered into an Exchange Agreement with its Senior Subordinated Lender to exchange $4,617,307 of debt for $4,000,000 in new Senior Subordinated Notes and issued 1,261,830 warrants, and amended a promissory note with Cobra Alternative Capital Strategies LLC extending the maturity date and issuing 500,000 warrants. |
2.9M | 4.3M |
| Sep 06, 2024 |
S-1/A filing: This S-1/A filing, dated 2024-09-06, relates to the offering and resale of up to 7,090,911 shares of common stock by selling stockholders. |
2.9M | 4.3M |
| Aug 28, 2024 |
S-1 filing: This S-1 filing describes an offering of 7,090,911 shares of common stock by selling stockholders and warrants, with the company potentially receiving $11,820,490 upon exercise of warrants. The last reported sale price of the company's common stock on August 26, 2024, was $6.25 per share. |
2.9M | 4.3M |
| Aug 16, 2024 |
8-K filing: Greenlane Holdings, Inc. entered into a Stock Purchase Agreement with certain investors to purchase 2,363,637 units and pre-funded units, each consisting of one share of common stock (or one pre-funded warrant) and two common warrants. |
2.9M | 0 |
| Aug 14, 2024 |
10-Q filing | 2.9M shares outstanding |
2.9M | 0 |
| Aug 05, 2024 |
Stock Split
8-K filing: Stock split 1-for-11 | Outstanding: 5,262,000 → 478,363 |
480K | 0 |
| Jul 25, 2024 |
10-Q filing | 5.3M shares outstanding |
5.3M | 0 |
| Jul 19, 2024 |
10-K filing | 5.8M shares outstanding |
5.8M | 0 |
| Jan 09, 2024 |
10-Q filing | 3.7M shares outstanding |
3.7M | 0 |
| Aug 14, 2023 |
10-Q filing | 2.7M shares outstanding |
2.7M | 0 |
| Jul 03, 2023 |
8-K filing: Greenlane Holdings, Inc. closed a public offering on July 3, 2023, issuing 560,476 shares of Class A common stock, pre-funded warrants for 3,487,143 shares, and warrants for 8,095,238 shares, raising approximately $4.3 million in gross proceeds. ($0.0M proceeds) |
1.6M | 94K |
| Jun 27, 2023 |
S-1/A filing: Greenlane Holdings, Inc. is offering up to $10.0 million in units, shares of Class A common stock, pre-funded warrants, and common warrants subject to completion dated June 27, 2023. |
1.6M | 20M |
| Jun 23, 2023 |
S-1/A filing: Greenlane Holdings, Inc. is offering up to $10.0 million in units of Greenlane Holdings, Inc. at an assumed offering price of $1.99 per Unit, including shares of Class A common stock, Pre-Funded Warrants, and Common Warrants. |
1.6M | 20M |
| Jun 08, 2023 |
S-1/A filing: This S-1/A filing describes the terms of Pre-Funded Warrants, Common Warrants, and Placement Agent Warrants being offered, including exercise prices, exercisability, cashless exercise provisions, transferability, and rights as a stockholder. |
1.6M | 94K |
| Jun 05, 2023 |
Stock Split
8-K filing: Stock split 1-for-10 | Outstanding: 15,986,000 → 1,598,600 |
1.6M | 94K |
| May 15, 2023 |
10-Q filing | 16.0M shares outstanding |
16M | 940K |
| Mar 31, 2023 |
10-K filing | 15.9M shares outstanding |
16M | 1.1M |
| Feb 03, 2023 |
S-1 filing: This S-1 filing details the terms of Pre-Funded Warrants and Common Warrants being offered, including exercise price, duration, exercisability, cashless exercise provisions, transferability, and rights as a stockholder. |
16M | 1.1M |
| Nov 14, 2022 |
10-Q filing | 15.8M shares outstanding |
16M | 1.1M |
| Nov 01, 2022 |
8-K filing: Greenlane Holdings, Inc. closed a public offering on November 1, 2022, issuing 6,955,555 shares of Class A common stock, pre-funded warrants for 1,377,780 shares, and warrants for 16,666,670 shares, with net proceeds of approximately $7.05 million. ($7.5M proceeds) |
7.4M | 9.6M |
| Oct 26, 2022 |
S-1/A filing: The filing describes the terms and provisions of Pre-Funded Warrants and Common Warrants being offered, including exercise price, exercisability, cashless exercise, fractional shares, transferability, trading market, rights as a stockholder, and fundamental transaction details. |
7.4M | 9.6M |
| Oct 07, 2022 |
S-1 filing: The filing details the terms of Pre-Funded Warrants and Common Warrants being offered, including exercise price, duration, exercisability, cashless exercise, fractional shares, transferability, trading market, rights as a stockholder, and fundamental transaction terms. |
7.4M | 9.6M |
| Aug 15, 2022 |
10-Q filing | 7.4M shares outstanding |
7.4M | 9.6M |
| Jun 28, 2022 |
8-K filing: Greenlane Holdings, Inc. entered into a securities purchase agreement to issue and sell 11,700,000 shares of Class A common stock, pre-funded warrants to purchase up to 9,900,000 shares, and warrants to purchase 21,600,000 shares in a registered direct offering for gross proceeds of approximately $5.4 million. ($5.4M proceeds) |
110M | 0 |
| May 16, 2022 |
10-Q filing | 106.9M shares outstanding |
110M | 0 |
| Apr 06, 2022 |
S-3/A filing: The filing is an S-3/A registration statement for Greenlane Holdings, Inc., covering the potential offering of up to $200,000,000 of various securities, including Class A common stock, preferred stock, depositary shares, warrants, and rights, with the specific terms to be detailed in a prospectus supplement. |
100M | 0 |
| Mar 31, 2022 |
10-K filing | 100.5M shares outstanding |
100M | 0 |
| Nov 15, 2021 |
10-Q filing | 80.5M shares outstanding |
80M | 0 |
| Sep 03, 2021 |
8-K filing: Greenlane Holdings, Inc. issued 3,988,000 shares of its Class A common stock on September 1, 2021 upon redemption of an equal number of common units in Greenlane Holdings, LLC. |
21M | 0 |
| Aug 16, 2021 |
10-Q filing | 21.2M shares outstanding |
21M | 0 |
| Aug 10, 2021 |
8-K filing: Greenlane Holdings, Inc. entered into securities purchase agreements to issue and sell 4,200,000 shares of Class A common stock, pre-funded warrants to purchase up to 5,926,583 shares of Common Stock and warrants to purchase up to 6,075,950 shares of Common Stock in a registered direct offering, expecting gross proceeds of approximately $32 million. ($31.97M proceeds) |
17M | 0 |
| Jul 02, 2021 |
S-3 filing: Greenlane Holdings, Inc. files an S-3 registration statement for the offering of Class A common stock, preferred stock, depositary shares, warrants, and rights, with an aggregate public offering price of up to $200,000,000. |
17M | 0 |
| May 17, 2021 |
10-Q filing | 16.9M shares outstanding |
17M | 0 |
| Mar 31, 2021 |
10-K filing | 16.3M shares outstanding |
16M | 0 |
| Mar 05, 2021 |
8-K filing: Greenlane Holdings, Inc. issued 425,894 shares of its Class A common stock to Eyce LLC as partial consideration for the acquisition of the Eyce brand. |
13M | 0 |
| Mar 02, 2021 |
8-K filing: Greenlane Holdings, Inc. issued 250,000 and 281,004 shares of its Class A common stock on February 24, 2021, upon redemptions of common units in Greenlane Holdings, LLC, the Company's operating subsidiary. |
13M | 0 |
| Jan 29, 2021 |
8-K filing: Greenlane Holdings, Inc. issued 200,000 and 675,000 shares of its Class A common stock on January 19, 2021 and January 26, 2021, respectively, upon redemption of an equal number of common units in Greenlane Holdings, LLC. |
13M | 0 |
| Jan 08, 2021 |
8-K filing: Greenlane Holdings, Inc. issued 650,000 shares of its Class A common stock to Jacoby & Co., Inc. and 300,000 shares of its Class A common stock to Jay Scheiner upon redemption of common units in Greenlane Holdings, LLC. |
13M | 0 |
| Nov 16, 2020 |
10-Q filing | 13.1M shares outstanding |
13M | 0 |
| Aug 11, 2020 |
10-Q filing | 12.8M shares outstanding |
13M | 0 |
| Jul 29, 2020 |
8-K filing: Greenlane Holdings, Inc. issued 641,545 shares of its Class A common stock to Rochester Vapor Group, LLC upon redemption of an equal number of common units in Greenlane Holdings, LLC. |
10M | 0 |
| Jun 09, 2020 |
10-Q filing | 10.3M shares outstanding |
10M | 0 |
| May 05, 2020 |
8-K filing: Greenlane Holdings, Inc. issued 1,268,608 shares of its Class A common stock to Pollen Gear Holdings, LLC upon redemption of an equal number of common units. |
9.8M | 0 |
| Apr 24, 2020 |
10-K filing | 9.8M shares outstanding |
9.8M | 0 |