secwatch.observer — SEC 8-K summary
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Issuer:     Greenidge Generation Holdings Inc. (GREE)
CIK:        0001844971
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001628280-24-043899
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenidge exchanges $138K of senior notes for 25,868 shares; regains Nasdaq compliance
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- Issued 25,868 common shares in exchange for $138,550 principal of 8.50% Senior Notes due 2026.
- Debt reduction is part of ongoing efforts to satisfy up to $72.2M in notes; no obligation to continue.
- Regained Nasdaq minimum MVPHS compliance on Oct 25, 2024 after Oct 14 non-compliance notice.
- Exchange executed under Section 3(a)(9) exemption; shares are unrestricted and freely tradeable.
- Outstanding common shares as of Oct 24, 2024: 8,205,772.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844971/000162828024043899/0001628280-24-043899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844971/000162828024043899/gree-20241024.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-043899

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