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Vaporization products distributor Greenlane Holdings files for a $92 million IPO


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Greenlane Holdings, a national distributor of vaporization products and accessories, filed on Wednesday with the SEC to raise up to $92 million in an initial public offering.

The Boca Raton, FL-based company was founded in 2005 and booked $179 million in sales for the 12 months ended December 31, 2018. It plans to list on the Nasdaq under the symbol GNLN. Cowen and Canaccord Genuity are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Vaporization products distributor Greenlane Holdings files for a $92 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: News Headlines , IPOs




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