debt
confidence high
sentiment neutral
materiality 0.60
Greenidge increases tender offer price to $10 per $25 note, extends deadline to Sept 29
Greenidge Generation Holdings Inc.
- Amends tender/exchange offer for 8.5% Senior Notes due 2026; removes early tender premium.
- Cash tender price raised to $10.00 plus accrued interest per $25 principal amount.
- Expiration extended to 12:00 a.m. ET on September 29, 2025.
- As of withdrawal date, $3,972,675 principal tendered (tender option) and $1,375 (exchange option) out of $44,353,500 outstanding.
- Holders who already tendered by Sept 11 automatically receive increased price.
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