---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-005237"
form_type: "8-K"
ticker: "GREE"
cik: "0001844971"
company_name: "Greenidge Generation Holdings Inc."
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:23:11.966465+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Greenidge raises $6M from Armistice Capital; issues shares, pre-funded warrants, and 5-year warrants

## Summary
- Armistice bought 450,350 shares + pre-funded warrant for 810,025 shares at $4.76/share, gross proceeds $6M.
- Greenidge also issued a 5-year warrant to Armistice for 1,260,505 shares at $5.25/share, exercisable from Aug 2024.
- Preliminary Q4 2023 net income of $1.4M-$2.4M; adjusted EBITDA $1.6M-$2.6M; EPS $0.18-$0.32.
- Company reduced total debt by $85.3M (over 54%) in 2023.
- Proceeds to fund expansion into low-cost power centers, bitcoin mining, EPCM, and AI/data center infrastructure.

## SEC filing metadata
- accession: 0001628280-24-005237
- form_type: 8-K
- ticker: GREE
- cik: 0001844971
- company_name: Greenidge Generation Holdings Inc.
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844971/000162828024005237/0001628280-24-005237-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844971/000162828024005237/gree-20240212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-005237
- JSON: https://secwatch.observer/filing/0001628280-24-005237.json
- Plain text: https://secwatch.observer/filing/0001628280-24-005237.txt

## Key facts
- Material Agreements
  Greenidge Generation Holdings Inc. entered into Securities Purchase Agreement with Armistice Capital Master Fund Ltd. valued at aggregate gross proceeds $6,000,003.80; net proceeds $5,999,922.78 (effective 2024-02-12).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Armistice Capital Master Fund Ltd.
  - Value: aggregate gross proceeds $6,000,003.80; net proceeds $5,999,922.78
  - Effective: 2024-02-12
  source text: On February 12, 2024, Greenidge Generation Holdings Inc. (“ Greenidge ” or the “ Company ”) entered into a securities purchase agreement (the “ SPA ”) with Armistice Capital Master Fund Ltd. (“ Armistice ”), a New York based hedge fund.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844971/000162828024005237/0001628280-24-005237-index.htm

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