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Greenidge Generation Holdings Commences Offer To Exchange Its Outstanding 8.50% Senior Notes Due 2026

Benzinga·03/11/2026 12:39:13
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Early Exchange Consideration Represents 45% Premium to 60-Day VWAP of the 2026 Notes and Includes Two Shares of Greenidge Class A Common Stock if Tendered by March 25, 2026

Exchange Offer Subject to Minimum Tender Condition of $11 Million or 30% of Currently Outstanding 2026 Notes

Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("Greenidge" or the "Company"), a vertically integrated power generation company focused on datacenters and infrastructure development, today announced the commencement of an offer to exchange (the "Exchange Offer") its outstanding 8.50% Senior Notes due 2026 (the "Old Notes"), which trade on the Nasdaq Global Select Market ("Nasdaq") under the symbol "GREEL."