Greenidge sells 152-acre SC site and 60 MW power rights for up to $36M

Greenidge Generation Holdings Inc.

Cash consideration of $18.0M at closing, plus up to $18.0M in success payments tied to additional energization before Dec 31, 2030.
Non-refundable deposit of $1.5M placed in escrow; closing expected Dec 11, 2025 or shortly after utility documentation delivery.
Purchaser is affiliate of Lightstone Parent LLC; assignment of 60 MW electrical service expected available Sept 2026.
Purchase price may increase up to $1.5M for pre-closing substation work approved by Purchaser.
Lightstone Parent LLC provided irrevocable guarantee for success payments; transaction is subject to customary closing conditions.

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