Aaron Grey

Remi Smith

- Greenlane Holdings, Inc. announced a **$110 million private placement** (PIPE transaction) to initiate a **Berachain Cryptocurrency Treasury Strategy**.  **[1743745_0001493152-25-018597_ex99-1.htm:0]** 
- The Company intends to use the net proceeds to acquire **BERA**, the native cryptocurrency of the Berachain blockchain, which will serve as its **primary treasury reserve asset**.  **[1743745_0001493152-25-018597_ex99-1.htm:0]** 
- The financing is led by **Polychain Capital**, with participation from other investors including Blockchain.com, Kraken, North Rock Digital, CitizenX, and dao5.  **[1743745_0001493152-25-018597_ex99-1.htm:0]** 
- As part of the strategy, **Ben Isenberg** will be appointed Chief Investment Officer, and **Bruce Linton** will join the board as Chairman, with **Billy Levy** also joining as a Director.  **[1743745_0001493152-25-018597_ex99-1.htm:0]**  Polychain Capital will also designate individuals for the board and the Chief Investment Officer role.  **[1743745_0001493152-25-018597_form8-k.htm:3]**

Greenlane Holdings (GNLN)