Vulcan to redeem remaining $30.3M 8.50% 2026 notes Oct 13; pro forma cash/digital assets seen at $16.9M

Greenidge Generation Holdings Inc.

Redemption of all remaining $30,345,200 principal of 8.50% Senior Notes due 2026 set for Oct 13, 2026 at 100% plus accrued interest; aggregate payout about $30.9M including ~$523,000 interest.
Oct 1, 2026 exchange issued $2,833,358 of 10.00% Senior Notes due 2030 plus warrants for up to 1,000,000 Class A shares at $1.87 for $2,793,150 of 2026 notes.
As of Sept 30, 2026, cash and digital assets were ~$49.2M, including bitcoin valued at ~$5.4M; after redemption and ~$1.4M PIPE expenses, expected cash/digital assets ~$16.9M.
CEO Jordan Kovler: redemption eliminates 2026 debt maturity, strengthens balance sheet; company continues predevelopment and talks with potential AI/HPC customers at Dresden and Columbus sites.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.