Greenidge Generation Holdings Inc. Announces Final Results of Exchange Offer for Senior Notes Due 2026

Greenidge Generation Holdings Inc. has announced the final results of its exchange offer for its outstanding 8.50% Senior Notes due 2026. The exchange offer expired on April 8, 2026. A total of $1,436,125 in principal amount of the Old Notes were validly tendered and will be exchanged for new 10.00% Senior Notes due 2030. For each $25.00 principal amount of Old Notes exchanged, holders will receive $25.00 in aggregate principal amount of New Notes and two shares of the Company's Class A Common Stock, plus accrued interest. The settlement is expected on April 10, 2026, with approximately $1,459,689 in aggregate principal amount of New Notes and 114,890 shares of Class A Common Stock to be issued. The company is exploring alternative pathways for trading the New Notes after FINRA denied its symbol request.