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ETH $2,482.69 +0.14%
BNB $739.76 -0.50%
XRP $1.39 -1.00%
SOL $104.48 -1.19%
TRX $0.3341 -0.32%
DOGE $0.0898 +1.57%
ADA $0.2193 +0.73%
BCH $260.08 +2.11%
LINK $12.96 +6.37%
HYPE $86.25 -3.55%
AAVE $132.38 -1.27%
SUI $0.8166 +3.73%
XLM $0.1899 +3.45%
ZEC $1,161.07 +0.22%

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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