Greenidge launches exchange offer to swap 8.5% 2026 notes for 10% 2030 notes

Reuters03-11
Greenidge launches exchange offer to swap 8.5% 2026 notes for 10% 2030 notes

Greenidge began an exchange offer for its 8.50% senior notes due 2026 $(GREEL)$, offering $25 principal of new 10.00% senior notes due 2030 for each $25 tendered. Holders who tender by March 25, 2026 would also receive two shares of Greenidge Class A common stock per $25 exchanged. The offer has a minimum tender condition of USD 11 million, and covers up to USD 36.66 million of notes outstanding. The exchange offer is scheduled to expire on April 8, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenidge Generation Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603110830BIZWIRE_USPR_____20260310_BW773357) on March 11, 2026, and is solely responsible for the information contained therein.

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