Greenlane Holdings, Inc. (GNLN) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 15, 2026

Risk Assessment Details

Potential Dilution: 714.22% of current shares
Recent Dilution: 13961.04% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
630K
Potential Supply
4.5M
Additional shares possible
Splits
2 Splits 2 Reverse
Past 2 years

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

Outstanding Shares
Total Supply

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
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime