Greenidge Genera SEC Filings

Greenidge Generation Holdings Inc. amends its shelf registration to offer, from time to time, up to $200,000,000 of Class A common stock, preferred stock, debt securities, warrants, rights and/or units, in one or more offerings. The prospectus states offerings will be made pursuant to prospectus supplements that set specific terms. The prospectus discloses a June 11, 2026 Class A closing price of $1.39 and an aggregate market value of Class A common stock held by non-affiliates of approximately $22,080,107 based on 13,221,621 non-affiliate shares and a referenced $1.67 per share price. Use of proceeds is described as for general corporate purposes, including repayment or refinancing of indebtedness, acquisitions, capital expenditures and working capital.

Greenidge Generation Holdings Inc. entered into privately negotiated exchange agreements on May 29 and June 1, 2026, swapping $2,089,400 aggregate principal of its 8.50% Senior Notes due October 2026 for 1,162,221 shares of Class A common stock. The exchanges were conducted under Section 3(a)(9) of the Securities Act, meaning the new shares went to existing security holders and no commission or other remuneration was paid for soliciting the exchanges. After this transaction, $33,138,350 aggregate principal of the notes remains outstanding, and the company states it is actively seeking additional non-cash opportunities to satisfy some or all of the remaining obligations but is not obligated to complete further exchanges.

Greenidge Generation Holdings Inc. entered into privately negotiated exchange agreements on May 29 and June 1, 2026, swapping $2,089,400 aggregate principal of its 8.50% Senior Notes due October 2026 for 1,162,221 shares of Class A common stock. The exchanges were conducted under Section 3(a)(9) of the Securities Act, meaning the new shares went to existing security holders and no commission or other remuneration was paid for soliciting the exchanges. After this transaction, $33,138,350 aggregate principal of the notes remains outstanding, and the company states it is actively seeking additional non-cash opportunities to satisfy some or all of the remaining obligations but is not obligated to complete further exchanges.

Greenidge Generation Holdings Inc. filed a shelf registration on to offer up to $200,000,000 of Class A common stock, preferred stock, debt securities, warrants, rights and units. The shelf permits offerings from time to time in one or more tranches and allows certain selling securityholders to resell shares; the company will not receive proceeds from sales by selling securityholders. The prospectus states proceeds the company receives will be used for general corporate purposes, which may include repayment or refinancing of existing indebtedness, acquisitions, capital expenditures and working capital. The filing notes material operational context: a 106 MW nameplate power plant at the New York Facility, approximately 23,500 ASIC miners (about 2.7 EH/s total), and expected access to 40 MW of datacenter capacity at a Columbus, Mississippi site by Q1 2027. Atlas and affiliates control approximately 68.0% of voting power.

Greenidge Generation Holdings Inc. filed a shelf registration on to offer up to $200,000,000 of Class A common stock, preferred stock, debt securities, warrants, rights and units. The shelf permits offerings from time to time in one or more tranches and allows certain selling securityholders to resell shares; the company will not receive proceeds from sales by selling securityholders. The prospectus states proceeds the company receives will be used for general corporate purposes, which may include repayment or refinancing of existing indebtedness, acquisitions, capital expenditures and working capital. The filing notes material operational context: a 106 MW nameplate power plant at the New York Facility, approximately 23,500 ASIC miners (about 2.7 EH/s total), and expected access to 40 MW of datacenter capacity at a Columbus, Mississippi site by Q1 2027. Atlas and affiliates control approximately 68.0% of voting power.

Greenidge Generation Holdings Inc. reported a net loss of $4.6 million for the quarter ended March 31, 2026, slightly improved from a $5.6 million loss a year earlier. Total revenue rose 8% to $20.8 million, driven by a 103% increase in power and capacity revenue to $18.7 million, while datacenter hosting revenue fell sharply and cryptocurrency mining revenue declined 57% to $1.8 million.

The company ended the quarter with $7.1 million in cash and cash equivalents and total debt of $42.3 million, including $36.7 million in 8.50% Senior Notes due October 2026. Management states its cash flow projections support liquidity only through the third quarter of 2026 and that it will not be able to meet October 2026 debt payments without restructuring, refinancing or other strategic actions, concluding there is substantial doubt about its ability to continue as a going concern.

Greenidge Generation Holdings Inc. reported a net loss of $4.6 million for the quarter ended March 31, 2026, slightly improved from a $5.6 million loss a year earlier. Total revenue rose 8% to $20.8 million, driven by a 103% increase in power and capacity revenue to $18.7 million, while datacenter hosting revenue fell sharply and cryptocurrency mining revenue declined 57% to $1.8 million.

The company ended the quarter with $7.1 million in cash and cash equivalents and total debt of $42.3 million, including $36.7 million in 8.50% Senior Notes due October 2026. Management states its cash flow projections support liquidity only through the third quarter of 2026 and that it will not be able to meet October 2026 debt payments without restructuring, refinancing or other strategic actions, concluding there is substantial doubt about its ability to continue as a going concern.

Greenidge Generation Holdings Inc. is asking stockholders to vote at its 2026 annual meeting on June 24, 2026 at its Pittsford, New York headquarters. Investors will elect nine directors to one-year terms and ratify MaloneBailey, LLP as independent auditor for the year ending December 31, 2026.

The company has a dual-class structure, with 14,073,725 Class A shares carrying one vote each and 2,733,394 Class B shares carrying ten votes each as of April 30, 2026. Atlas Holdings affiliates control 68.1% of total voting power, so all proposals can be approved with their support.

Greenidge remains an “emerging growth company” and “smaller reporting company,” using scaled disclosure and extended accounting standard transition periods until at least September 15, 2026. The board currently has nine members, four of whom are independent, and operates Audit and Compensation Committees but no standing nominating committee.

The proxy details executive pay, including 2025 total compensation of $630,439 for CEO Jordan Kovler, $592,240 for President Dale Irwin and $481,283 for CFO Christian Mulvihill, with a mix of salary, cash bonuses and restricted stock units. It also highlights related-party arrangements with Atlas entities, including letters of credit support and a used equipment purchase.

Greenidge Generation Holdings Inc. is asking stockholders to vote at its 2026 annual meeting on June 24, 2026 at its Pittsford, New York headquarters. Investors will elect nine directors to one-year terms and ratify MaloneBailey, LLP as independent auditor for the year ending December 31, 2026.

The company has a dual-class structure, with 14,073,725 Class A shares carrying one vote each and 2,733,394 Class B shares carrying ten votes each as of April 30, 2026. Atlas Holdings affiliates control 68.1% of total voting power, so all proposals can be approved with their support.

Greenidge remains an “emerging growth company” and “smaller reporting company,” using scaled disclosure and extended accounting standard transition periods until at least September 15, 2026. The board currently has nine members, four of whom are independent, and operates Audit and Compensation Committees but no standing nominating committee.

The proxy details executive pay, including 2025 total compensation of $630,439 for CEO Jordan Kovler, $592,240 for President Dale Irwin and $481,283 for CFO Christian Mulvihill, with a mix of salary, cash bonuses and restricted stock units. It also highlights related-party arrangements with Atlas entities, including letters of credit support and a used equipment purchase.

Greenidge Generation Holdings Inc. reported that directors Kenneth Fearn and Christopher Krug resigned from the Board effective April 15, 2026. Fearn served on the Audit Committee and Krug on the Compensation Committee. The company stated their resignations did not result from any disagreement regarding operations, policies, or practices.

The Compensation Committee approved fully accelerated vesting of the outstanding, unvested restricted stock units granted to the departing directors on April 17, 2025 and November 9, 2025. As a result, 174,107 RSUs held by Fearn and 174,107 RSUs held by Krug vested in full under the company’s Third Amended and Restated 2021 Equity Incentive Plan.

Greenidge Generation Holdings Inc. reported that directors Kenneth Fearn and Christopher Krug resigned from the Board effective April 15, 2026. Fearn served on the Audit Committee and Krug on the Compensation Committee. The company stated their resignations did not result from any disagreement regarding operations, policies, or practices.

The Compensation Committee approved fully accelerated vesting of the outstanding, unvested restricted stock units granted to the departing directors on April 17, 2025 and November 9, 2025. As a result, 174,107 RSUs held by Fearn and 174,107 RSUs held by Krug vested in full under the company’s Third Amended and Restated 2021 Equity Incentive Plan.

Greenidge Generation Holdings Inc. issued 114,865 shares of Class A Common Stock to Atlas-affiliated funds as a non-cash payment under an Equity Interest Payment Agreement dated January 24, 2025. The payment had a stated value of $160,041, based on a price formula in the agreement.

Of these shares, 82,302 went to Atlas Capital Resources (A9) LP, 29,552 to Atlas Capital Resources (A9-Parallel) LP, and 3,011 to Atlas Capital Resources (P) LP. Following this transaction, Atlas-related entities held 1,391,152 shares of Class A Common Stock and 2,680,030 shares of Class B Common Stock, which are convertible into an equal number of Class A shares.

Greenidge Generation Holdings Inc. issued 114,865 shares of Class A Common Stock to Atlas-affiliated funds as a non-cash payment under an Equity Interest Payment Agreement dated January 24, 2025. The payment had a stated value of $160,041, based on a price formula in the agreement.

Of these shares, 82,302 went to Atlas Capital Resources (A9) LP, 29,552 to Atlas Capital Resources (A9-Parallel) LP, and 3,011 to Atlas Capital Resources (P) LP. Following this transaction, Atlas-related entities held 1,391,152 shares of Class A Common Stock and 2,680,030 shares of Class B Common Stock, which are convertible into an equal number of Class A shares.

Greenidge Generation Holdings Inc. announced the final results of its exchange offer for its 8.50% Senior Notes due 2026. Holders tendered $1,436,125 in principal out of $36,663,875 outstanding, and these notes will be exchanged into 10.00% Senior Notes due 2030 plus shares of Class A common stock.

On settlement, Greenidge expects to issue approximately $1,459,689 in aggregate principal amount of new 2030 notes and 114,890 Class A shares, leaving $35,227,750 principal of the 2026 notes outstanding. The company also disclosed that FINRA denied its request to obtain a trading symbol for the new notes on the OTC Markets platform, and it is evaluating alternatives, while warning investors that an active or liquid trading market for the new notes may not develop.

Greenidge Generation Holdings Inc. announced the final results of its exchange offer for its 8.50% Senior Notes due 2026. Holders tendered $1,436,125 in principal out of $36,663,875 outstanding, and these notes will be exchanged into 10.00% Senior Notes due 2030 plus shares of Class A common stock.

On settlement, Greenidge expects to issue approximately $1,459,689 in aggregate principal amount of new 2030 notes and 114,890 Class A shares, leaving $35,227,750 principal of the 2026 notes outstanding. The company also disclosed that FINRA denied its request to obtain a trading symbol for the new notes on the OTC Markets platform, and it is evaluating alternatives, while warning investors that an active or liquid trading market for the new notes may not develop.

Greenidge Generation Holdings Inc. operates a vertically integrated 106 MW natural-gas power plant and bitcoin datacenters in New York, while pursuing growth in AI and high‑performance computing datacenters. Revenue comes from hosting, self‑mining and wholesale power and capacity sales.

Management discloses substantial doubt about the company’s ability to continue as a going concern because projected cash flows are not enough to cover short‑term obligations, including $36.7 million of 8.50% Senior Notes maturing in October 2026. Failure to refinance, repay, exchange or otherwise address these notes could force restructuring or even bankruptcy.

To improve liquidity, Greenidge sold South Carolina land and 60 MW of power rights for $18.0 million plus up to $18.0 million in contingent payments, recognizing a $10.5 million gain, and sold most Mississippi assets for $4.2 million while marketing remaining property. It also reduced debt via exchanges, tenders and open‑market repurchases and issued New Notes. As of year‑end 2025, $36.7 million of Senior Notes and $2.3 million of New Notes remained outstanding, and a March 2026 exchange offer seeks to swap up to $36.7 million of Senior Notes into New Notes plus Class A shares.

Greenidge Generation Holdings Inc. operates a vertically integrated 106 MW natural-gas power plant and bitcoin datacenters in New York, while pursuing growth in AI and high‑performance computing datacenters. Revenue comes from hosting, self‑mining and wholesale power and capacity sales.

Management discloses substantial doubt about the company’s ability to continue as a going concern because projected cash flows are not enough to cover short‑term obligations, including $36.7 million of 8.50% Senior Notes maturing in October 2026. Failure to refinance, repay, exchange or otherwise address these notes could force restructuring or even bankruptcy.

To improve liquidity, Greenidge sold South Carolina land and 60 MW of power rights for $18.0 million plus up to $18.0 million in contingent payments, recognizing a $10.5 million gain, and sold most Mississippi assets for $4.2 million while marketing remaining property. It also reduced debt via exchanges, tenders and open‑market repurchases and issued New Notes. As of year‑end 2025, $36.7 million of Senior Notes and $2.3 million of New Notes remained outstanding, and a March 2026 exchange offer seeks to swap up to $36.7 million of Senior Notes into New Notes plus Class A shares.

Greenidge Generation Holdings Inc. updated investors on changes to its exchange offer for its 8.50% Senior Notes due 2026. For each $25.00 principal amount of Old Notes tendered, holders will now receive $25.00 principal amount of New Notes plus two shares of Class A common stock. The company removed the Early Tender Premium and Early Tender Date features and waived the previous closing condition that at least $11.0 million in principal amount of Old Notes be tendered. As of the March 25, 2026 withdrawal deadline, Old Notes with $36,663,875 principal amount were outstanding and $1,334,025 principal amount had been validly tendered and not withdrawn. Holders who already tendered do not need to take further action to receive the revised consideration.

Greenidge Generation Holdings Inc. updated investors on changes to its exchange offer for its 8.50% Senior Notes due 2026. For each $25.00 principal amount of Old Notes tendered, holders will now receive $25.00 principal amount of New Notes plus two shares of Class A common stock. The company removed the Early Tender Premium and Early Tender Date features and waived the previous closing condition that at least $11.0 million in principal amount of Old Notes be tendered. As of the March 25, 2026 withdrawal deadline, Old Notes with $36,663,875 principal amount were outstanding and $1,334,025 principal amount had been validly tendered and not withdrawn. Holders who already tendered do not need to take further action to receive the revised consideration.