ALL RECORD HOLDERS AND ALL BENEFICIAL HOLDERS OF GREENLIGHT BIOSCIENCES HOLDINGS, PBC (“GREENLIGHT” OR THE “COMPANY”) COMMON STOCK WHO HELD SUCH STOCK AT ANY TIME DURING THE PENDENCY OF THE TENDER OFFER INVOLVING GREENLIGHT AND FALL LINE CAPITAL, LLC (“FALL LINE”) (FROM JUNE 21, 2023 THROUGH JULY 20, 2023) AND HAD THEIR SHARES EXCHANGED FOR $0.30 PER SHARE IN CONNECTION WITH THE CLOSING OF THE MERGER (ON JULY 24, 2023).
Please be advised that your rights will be affected by the above-captioned stockholder class action (the “Action”) pending in the Court of Chancery of the State of Delaware (the “Court”) if you were a public stockholder of Greenlight Biosciences Holdings, PBC (“Greenlight”) at any time during the pendency of the Tender Offer involving Greenlight and Fall Line Capital, LLC (“Fall Line”) (from June 21, 2023 through July 20, 2023) and had your shares exchanged for $0.30 per share in connection with the closing of the Merger (on July 24, 2023).
In consideration of the Settlement of the Plaintiffs’ Released Claims against Defendants and the other Released Defendants’ Persons, GreenLight, on behalf of Defendants, will or will cause $2,000,000.00 in cash (the “Settlement Amount”) to be deposited into an interest-bearing Escrow Account for the benefit of the Class. If the Settlement is approved by the Court and the Effective Date of the Settlement occurs, the Net Settlement Fund will be distributed in accordance with the proposed Plan of Allocation or such other plan of allocation as the Court may approve.
PLEASE READ THE NOTICE CAREFULLY AND IN ITS ENTIRETY. The Notice explains how Class Members will be affected by the Settlement.
| YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT: | |
| SUBMIT A PROOF OF CLAIM | The only way to receive a payment. Proofs of Claim must be postmarked or submitted online on or before July 29, 2026. |
| OBJECT | Write to the Court about why you oppose the Settlement, the Plan of Allocation, the request for Co-Lead Counsel’s attorneys’ fees, and/or the time and expenses of Co-Lead Plaintiffs. You will still be a Class Member. Objections must be received by the Court or postmarked on or before June 15, 2026. |
| GO TO A HEARING | Ask to speak in Court about the fairness of the Settlement. Requests to speak must be received by the Court on or before June 15, 2026. You are not required to attend the hearing. The Settlement Hearing will be held on June 29, 2026, at 1:30 p.m., either in person at the Court of Chancery of the State of Delaware, New Castle County, Leonard L. Williams Justice Center, 500 North King Street, Wilmington, Delaware 19801, or remotely by Zoom (in the Court’s discretion). |
| DO NOTHING | Receive no payment from the Settlement. Members of the Class who do nothing remain bound by the terms of the Settlement. |