Greenidge enters up to $20M equity line with B. Riley; shares at 3% discount to VWAP

Greenidge Generation Holdings Inc.

Agreement with B. Riley Principal Capital II allows Greenidge to sell up to $20M of newly issued common stock at its discretion.
Per share purchase price equals VWAP minus a fixed 3% discount; minimum threshold price of $1.00.
Shares are unregistered under Section 4(a)(2); company will file a registration statement for B. Riley's resale.
Commitment fee of $200,000 (1% of commitment) paid in cash; $50,000 upfront and $150,000 withheld from purchases.
Volume capped at 2,124,429 shares (19.99% of outstanding) unless stockholder approval or price above $2.73.

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