---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-033782"
form_type: "8-K"
ticker: "GREE"
cik: "0001844971"
company_name: "Greenidge Generation Holdings Inc."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:29:42.984877+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-033782
- form_type: 8-K
- ticker: GREE
- cik: 0001844971
- company_name: Greenidge Generation Holdings Inc.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844971/000162828024033782/0001628280-24-033782-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844971/000162828024033782/gree-20240730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-033782
- JSON: https://secwatch.observer/filing/0001628280-24-033782.json
- Plain text: https://secwatch.observer/filing/0001628280-24-033782.txt

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