---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-030375"
form_type: "8-K"
ticker: "GREE"
cik: "0001844971"
company_name: "Greenidge Generation Holdings Inc."
filed_at: "2023-08-23T23:59:59+00:00"
generated_at: "2026-06-11T04:58:55.944743+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Greenidge amends NYDIG loans; cash requirement cut to $6M, payments suspended

## Summary
- Minimum cash reduced from $10M to $6M; all interest/principal payments suspended until Dec 29, 2023, or earlier closing of asset sale.
- Outstanding loan principal $17.69M with $0.19M accrued interest; amendments replace limited waiver from Aug 11.
- Amendments support planned deleveraging via asset sale (Spartanburg Purchase Agreement) to NYDIG affiliates.
- Final maturity extended to Jan 30, 2025, or earlier if Spartanburg sale closes.

## SEC filing metadata
- accession: 0001628280-23-030375
- form_type: 8-K
- ticker: GREE
- cik: 0001844971
- company_name: Greenidge Generation Holdings Inc.
- filed_at: 2023-08-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844971/000162828023030375/0001628280-23-030375-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844971/000162828023030375/gree-20230821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-030375
- JSON: https://secwatch.observer/filing/0001628280-23-030375.json
- Plain text: https://secwatch.observer/filing/0001628280-23-030375.txt

## Key facts
- Material Agreements
  Greenidge Generation Holdings Inc. amended Secured Promissory Note with NYDIG ABL LLC (effective 2023-08-21).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: NYDIG ABL LLC
  - Effective: 2023-08-21
  source text: On August 21, 2023, Greenidge Generation Holdings Inc. (the "Company") amended its Senior Secured Loan and Secured Promissory Note with NYDIG ABL LLC ("NYDIG") in furtherance of the non-binding term sheet that the Company entered into with NYDIG in June to effect a deleveraging transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844971/000162828023030375/0001628280-23-030375-index.htm
- Material Agreements
  Greenidge Generation Holdings Inc. amended Senior Secured Loan with NYDIG ABL LLC (effective 2023-08-21).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: NYDIG ABL LLC
  - Effective: 2023-08-21
  source text: On August 21, 2023, Greenidge Generation Holdings Inc. (the "Company") amended its Senior Secured Loan and Secured Promissory Note with NYDIG ABL LLC ("NYDIG") in furtherance of the non-binding term sheet that the Company entered into with NYDIG in June to effect a deleveraging transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844971/000162828023030375/0001628280-23-030375-index.htm

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