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"The BERA Treasury Company that raised $110 million" GNLN pre-market rose over 30%, with a market capitalization of only $5.32 million.

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On October 20, according to market data, Greenlane Holdings (GNLN), a US-listed company, announced a $110 million private sale financing to launch the BERA treasury strategy, with its stock price rising 33.59% in pre-market trading, currently reported at $5.13. Notably, based on the previous trading day's Closing Price of $3.84, GNLN's market capitalization is only $5.3244 million. It is reported that Greenlane Holdings mainly engages in the development, distribution, and sale of high-end tobacco accessories, packaging, e-cigarette solutions, and lifestyle products, with operations covering the United States, Canada, Europe, and Latin America. BlockBeats previously reported that Greenlane Holdings' $110 million PIPE financing includes approximately $50 million in cash and BERA tokens worth about $60 million.
BERA2.19%
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