---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-001359"
form_type: "8-K"
ticker: "GREE"
cik: "0001844971"
company_name: "Greenidge Generation Holdings Inc."
filed_at: "2023-01-20T23:59:59+00:00"
generated_at: "2026-06-20T12:38:25.309158+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Greenidge receives waivers on ~$6.9M missed debt payments; cure deadline Jan 27, 2023

## Summary
- NYDIG waives default on ~$5.4M in missed payments (Dec 25, 2022 and Jan 10, 2023) if paid by Jan 27, 2023.
- B Riley waives default on ~$1.5M in missed payments (Dec 20, 2022 and Jan 20, 2023) if paid or amended by Jan 27, 2023.
- All other scheduled payments under both loan agreements remain unaffected by the waivers.
- Company executed limited waivers and amendments with both lenders on January 20, 2023.
- Failure to cure by Jan 27, 2023 would reinstate defaults and allow lenders to accelerate remedies and default interest.

## SEC filing metadata
- accession: 0001628280-23-001359
- form_type: 8-K
- ticker: GREE
- cik: 0001844971
- company_name: Greenidge Generation Holdings Inc.
- filed_at: 2023-01-20T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844971/000162828023001359/0001628280-23-001359-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844971/000162828023001359/gree-20230120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-001359
- JSON: https://secwatch.observer/filing/0001628280-23-001359.json
- Plain text: https://secwatch.observer/filing/0001628280-23-001359.txt

## Key facts
- Material Agreements
  Greenidge Generation Holdings Inc. amended Waiver and Acknowledgement Letter with B Riley Commercial Capital, LLC valued at approximately $1.5 million (effective 2023-01-20).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: B Riley Commercial Capital, LLC
  - Value: approximately $1.5 million
  - Effective: 2023-01-20
  source text: On January 20, 2023, Greenidge and B Riley Commercial Capital, LLC (“BRCC”) entered into a Waiver and Acknowledgement Letter (the “B Riley Waiver”) regarding the terms of the Amended and Restated Bridge Promissory Note dated August 10, 2022 executed by Greenidge in favor of BRCC (the “BRCC Note”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844971/000162828023001359/0001628280-23-001359-index.htm
- Material Agreements
  Greenidge Generation Holdings Inc. amended Limited Waiver and Amendment of Loan Documents with NYDIG ABL LLC and NYDIG Trust Company LLC (effective 2023-01-20).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: NYDIG ABL LLC and NYDIG Trust Company LLC
  - Effective: 2023-01-20
  source text: On January 20, 2023, Greenidge Generation Holdings, Inc. (“Greenidge”) and its subsidiaries Greenidge Generation LLC, GTX GEN 1 Collateral, LLC, GSC Collateral LLC, and GNY Collateral LLC entered into a Limited Waiver and Amendment of Loan Documents (the “NYDIG Waiver”) with NYDIG ABL LLC (“NYDIG”) and NYDIG Trust Company LLC (“NYDIG Trust” and collectively with NYDIG, the “Lender Parties”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844971/000162828023001359/0001628280-23-001359-index.htm

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