SCHEDULE: Empery Asset Management Updates Greenlane Holdings Stake to 1.02% Following Reverse Stock Split
Beneficial Ownership Disclosure
Empery Asset Management, along with Ryan M. Lane and Martin D. Hoe, reported a 1.02% beneficial ownership stake in Greenlane Holdings, Inc., including shares issuable from warrants, following the company's 1:750 reverse stock split.
Summary
- Empery Asset Management, LP, Ryan M. Lane, and Martin D. Hoe (collectively, "Reporting Persons") beneficially own an aggregate of 14,006 shares of Greenlane Holdings, Inc. Common Stock.
- This ownership represents 1.02% of the company's outstanding Common Stock.
- The reported shares include 14,006 shares of Common Stock issuable upon the exercise of warrants.
- The percentage of class is calculated based on 1,360,835 shares of Common Stock outstanding as of May 15, 2025, as reported in Greenlane Holdings, Inc.'s Quarterly Report on Form 10-Q.
- The calculation also accounts for a 1:750 reverse stock split that became effective on June 27, 2025.
- The Reporting Persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of beneficial ownership by an investment manager and its managing members, indicating their stake in Greenlane Holdings, Inc. It does not provide broader industry trends or competitive analysis.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of Greenlane Holdings, Inc.'s Quarterly Report on Form 10-Q, which reported 1,360,835 shares outstanding used for percentage calculation. |
| 06/27/2025 | Effective date of Greenlane Holdings, Inc.'s 1:750 reverse stock split. |
| 06/30/2025 | Date of event which required the filing of this statement (beneficial ownership as of this date). |
| 07/24/2025 | Date the Schedule 13G/A was signed and filed. |
Keywords
Greenlane Holdings, Empery Asset Management, Beneficial Ownership, Schedule 13G, Common Stock, Warrants, Reverse Stock Split, Investment Management
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