secwatch.observer — SEC 8-K summary
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Issuer:     Greenidge Generation Holdings Inc. (GREE)
CIK:        0001844971
Form:       8-K
Filed at:   2026-09-10T21:07:45+00:00
Accession:  0001193805-26-001214
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 5.02, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vulcan Infrastructure closes $39.3M PIPE; redeems $33.1M senior notes
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- PIPE closed Sept 10, 2026: MIG $15M (2.92M shares + $10M convertible note + warrant), Atlas $5M, Conversant $5.95M, Other Investors $13.37M, all at $1.71/share.
- Proceeds to redeem ~$33.1M of 8.50% senior notes due Oct 2026; remainder for Dresden, NY and Columbus, MS predevelopment.
- MIG Convertible Note: $10M, 10% PIK interest, matures Sept 10, 2029, conversion at $2.1375/share, secured by ~6,258 miners and Columbus MS land.
- Board reconstituted to 10 directors; Timothy Lowe and Charles Zeynel resigned effective at Closing.
- Post-closing: 35,547,753 Class A shares outstanding; MIG warrant for 1,754,386 shares at $1.71.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844971/000119380526001214/0001193805-26-001214-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844971/000119380526001214/e665775_8k-vulcan.htm
  HTML page:      https://secwatch.observer/filing/0001193805-26-001214

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer