Greenlane Holdings, Inc. will implement a 1-for-8 reverse stock split of its common stock effective April 6, 2026, to improve stock perception, broaden investor appeal, and maintain Nasdaq compliance. The split will reduce outstanding shares from about 5 million to around 630,000, with no fractional shares issued; instead, cash payments will be made for fractions. The reverse split also adjusts warrants and stock options proportionally. Stockholders do not need to take action, and trading will continue under the symbol GNLN on Nasdaq.
Affirm's growth strategy includes expanding offline retail via Affirm Card, new professional services, elective medical verticals, and international expansion, driving merchant growth and transaction frequency. Despite strong free cash flow, a health...
Pi Network's price rose slightly to $0.0917 on August 29, despite a 20% drop in daily trading volume to $5.40 million. The market is focused on the upcoming Protocol 27 Mainnet launch scheduled for September 15, which promises enhanced smart contract...
PayPal's potential $60.50 per share acquisition by Stripe-Advent has fallen through, leaving the company's future growth dependent on its own operational improvements. In Q2, total payment volume rose 10% to $486.45 billion, but transaction margin do...
Russia's largest bank, Sberbank, plans to accept Bitcoin, Ethereum, and Tether's USDT stablecoin as collateral for loans once new digital asset regulations take effect on September 1, 2026. This move signals Russia's financial sector is recognizing c...
US Treasury Secretary Scott Bessent is intensifying efforts to reduce long-term borrowing costs by doubling buybacks of longer-dated debt from $2 billion to $4 billion per operation starting September 9. This strategy, known as the "Treasury twist," ...
