Short Idea: Greenlane Holdings Inc GNLC
Greenlane Holdings Inc (GNLC) is a distributor of vaporization products and consumption accessories in the U.S. The stock got a huge pop on news of a merger with KushCo Holdings.
However, Kaskela Law LLC announces that is investigating Greenlane Holdings to determine whether GNLC executive officers and directors violated the securities laws and/or breached their fiduciary duties in connection with the proposed transaction, as well as whether Greenlane shareholders are receiving all material information in connection with the proposed transaction.
Greenlane also has a weak balance sheet, free cash flow negative and heavily financed.
Target: $4.25; $2.00
Exposure: 1-2%
However, Kaskela Law LLC announces that is investigating Greenlane Holdings to determine whether GNLC executive officers and directors violated the securities laws and/or breached their fiduciary duties in connection with the proposed transaction, as well as whether Greenlane shareholders are receiving all material information in connection with the proposed transaction.
Greenlane also has a weak balance sheet, free cash flow negative and heavily financed.
Target: $4.25; $2.00
Exposure: 1-2%
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.