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BTC $77,670.86 -2.84%
ETH $2,438.76 -2.11%
BNB $690.36 -2.43%
XRP $1.38 -3.37%
SOL $104.05 -2.22%
TRX $0.3412 +0.83%
DOGE $0.0851 -3.07%
ADA $0.2017 -3.95%
BCH $246.90 -6.58%
LINK $11.40 -2.91%
HYPE $80.83 -3.10%
AAVE $120.96 -3.99%
SUI $0.7399 -3.41%
XLM $0.1782 -3.02%
ZEC $806.41 +2.78%

Public company Greenlane Holdings announced a $110 million private placement to initiate the BERA financial strategy

2025-10-20 20:34:53

ChainCatcher news, according to stocktitan, the U.S. publicly traded company Greenlane Holdings (GNLN) announced a $110 million PIPE (Private Investment in Public Equity) financing to launch a new digital asset treasury strategy called BeraStrategy, with the BERA token designated as the primary treasury reserve asset.

This PIPE financing includes approximately $50 million in cash and about $60 million worth of BERA tokens, priced at $3.84 per share (with each pre-financing warrant at $3.83). The transaction is expected to be completed on or around October 23, 2025.

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