UPDATE: Greenlane Holdings Enters ATM Sales Agreement With Yorkville To Sell Up To $5.36M Of Common Stock

On January 7, 2026, Greenlane Holdings, Inc. (the "Company") entered into a Sales Agreement (the "Sales Agreement") with Yorkville Securities, LLC ("Yorkville") pursuant to which the Company may, from time to time, offer and sell shares (the "ATM Shares") of its common stock, par value $0.01 per share (the "Common Stock"), through or to Yorkville, acting as sales agent or principal  (the "ATM Offering"). On January 7, 2026, the Company filed a prospectus supplement in connection with the ATM Offering for up to $5,355,687 shares of Common Stock (the "Prospectus Supplement").

Subject to the terms and conditions of the Sales Agreement, Yorkville will use its commercially reasonable efforts consistent with its normal trading and sales practices to sell the ATM Shares from time to time, based upon the Company's instructions. The Company has provided Yorkville with customary indemnification and contribution rights, and Yorkville will be entitled to a commission of up to 3.0% of the gross proceeds from each sale of the ATM Shares pursuant to the Sales Agreement.