debt
confidence high
sentiment negative
materiality 0.70
Greenidge Generation tender/exchange offer results: ~87% of 2026 notes remain outstanding
Greenidge Generation Holdings Inc.
- Total outstanding 8.50% Senior Notes due 2026: $44,353,800; tendered for cash: $5,835,725 accepted.
- Exchanged for new 10.00% Senior Notes due 2030: $108,250 accepted; new notes principal ~$49,016.
- After settlement, $38,409,825 of 2026 notes remain outstanding.
- New notes (GREEN) will seek OTC listing, not Nasdaq; liquidity not assured.
- All conditions to the offer were satisfied or waived; settlement expected Sept 30, 2025.
item 8.01item 9.01