---
schema_version: "secwatch.filing_event.v1"
accession: "0001193805-26-000990"
form_type: "8-K"
ticker: "GREE"
cik: "0001844971"
company_name: "Greenidge Generation Holdings Inc."
filed_at: "2026-07-20T21:18:07+00:00"
generated_at: "2026-07-20T21:20:06.904758+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193805-26-000990
- form_type: 8-K
- ticker: GREE
- cik: 0001844971
- company_name: Greenidge Generation Holdings Inc.
- filed_at: 2026-07-20T21:18:07+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.02, 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844971/000119380526000990/0001193805-26-000990-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844971/000119380526000990/e665662_8k-vulcan.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193805-26-000990
- JSON: https://secwatch.observer/filing/0001193805-26-000990.json
- Plain text: https://secwatch.observer/filing/0001193805-26-000990.txt

## Key facts
- Executive change
  Timothy Lowe resigned as Director at Greenidge Generation Holdings Inc..
  - Action: resigned
  - Role: Director
  source text: each of Timothy Lowe and Charles Zeynel notified the Company of his resignation as a member of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844971/000119380526000990/0001193805-26-000990-index.htm
- Executive change
  Charles Zeynel resigned as Director at Greenidge Generation Holdings Inc..
  - Action: resigned
  - Role: Director
  source text: each of Timothy Lowe and Charles Zeynel notified the Company of his resignation as a member of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844971/000119380526000990/0001193805-26-000990-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.