Core Points - Greenlane Holdings, Inc. held its Annual Meeting of Stockholders on December 1, 2025, which was adjourned and reconvened on December 9, 2025 [1] - The company announced the election results of its board of directors, with Bruce Linton being elected as the new Chairman [2] - Stockholders approved the re-appointment of PKF O'Connor Davies, LLP as auditors for the fiscal year ending December 31, 2025 [2] - Additional proposals approved include an amendment to the 2019 Equity Incentive Plan, a Financing Proposal for issuing shares and pre-funded warrants, and an Advisory Compensation Proposal [3] Election Results - Barbara Sher received 126,884 votes (97.06% FOR) and 3,832 votes (2.93% AGAINST) [2] - Donald Hunter received 126,674 votes (96.86% FOR) and 4,095 votes (3.13% AGAINST) [2] - Bruce Linton received 127,751 votes (97.75% FOR) and 2,940 votes (2.24% AGAINST) [2] - William Levy received 127,920 votes (97.82% FOR) and 2,848 votes (2.17% AGAINST) [2] - Michael C. Howe received 126,809 votes (96.97% FOR) and 3,959 votes (3.02% AGAINST) [2] Proposals Approved - Amendment to increase the number of shares authorized under the 2019 Equity Incentive Plan to 3,000,000 [3] - Financing Proposal for issuing shares of common stock and pre-funded warrants [3] - Advisory Compensation Proposal for issuing pre-funded warrants to certain advisors [3]

Core Insights - Multicoin Capital's decision to launch a Solana-based treasury company, Forward Industries, was driven by strong conviction in Solana and influenced by a key speech from SEC Chairman Paul Atkins [1][2][4][6] - The firm has been a long-term investor in Solana since its inception and continues to double down on its commitment to the Solana ecosystem [2][3] - Forward Industries aims to integrate traditional finance with blockchain technology, reflecting Multicoin's vision for the future of on-chain finance [3][6] Company Overview - Multicoin Capital, founded in 2017, is a Texas-based crypto investment firm known for its early investments in Solana (SOL) and The Graph (GRT) [3] - The firm manages venture and hedge funds that focus on decentralized protocols, Web3 infrastructure, and blockchain scalability [3] Strategic Insights - The launch of Forward Industries is seen not only as a profitable venture but also as a means to shape the future of cryptocurrency and benefit the Solana ecosystem [6] - Samani highlighted the differences between Solana's treasury strategy and MicroStrategy's Bitcoin-heavy approach, emphasizing Solana's yield generation capabilities [7]