Vulcan Infrastructure (GREE) raises $39.3M in PIPE; proceeds to redeem $33M senior notes

Greenidge Generation Holdings Inc.

PIPE includes $15M from MIG (shares, $10M convertible note, warrant), $5M from Atlas, $5.95M from Conversant, $13.37M from insiders.
Proceeds to redeem ~$33M of 8.50% senior notes due Oct 2026; remaining for general corporate purposes.
Board to be reconstituted: 10 directors initially, then 8 after regulatory approvals; MIG and Atlas get board seats and rights.
MIG gets a 10% PIK convertible note due 3 years, convertible at $2.1375/share; forced conversion possible after 18 months if stock VWAP >215% of conversion price.
Stockholder consent obtained for issuance; closing conditions include Nasdaq listing approval and regulatory approvals.

item 1.01 item 2.03 item 3.02 item 5.02 item 5.03 item 5.07 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Timothy Lowe

Director

GREE · Greenidge Generation Holdings Inc.

Filed: July 20, 2026, 5:18 PM ET

each of Timothy Lowe and Charles Zeynel notified the Company of his resignation as a member of the Board

Departed

Charles Zeynel

Director

GREE · Greenidge Generation Holdings Inc.

Filed: July 20, 2026, 5:18 PM ET

each of Timothy Lowe and Charles Zeynel notified the Company of his resignation as a member of the Board

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy Lowe resigned as Director at Greenidge Generation Holdings Inc..

Action: resigned
Role: Director

Exact text from the filing

each of Timothy Lowe and Charles Zeynel notified the Company of his resignation as a member of the Board

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Charles Zeynel resigned as Director at Greenidge Generation Holdings Inc..

Action: resigned
Role: Director

Exact text from the filing

each of Timothy Lowe and Charles Zeynel notified the Company of his resignation as a member of the Board

View on SEC.gov

Greenidge Generation Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001193805-26-000990

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