Tender Offer - Greenidge Generation Holdings Inc.
Form Type: SC TO-I
Filing Date: 2025-06-17
Corporate Action: Tender-offer
Type: New
Accession Number: 000119380525000902
Filing Summary: Greenidge Generation Holdings, Inc. is conducting an issuer tender offer to exchange or purchase its outstanding 8.50% Senior Subordinated Notes due 2026 (CUSIP No. 39531G209). The offer allows holders to exchange each $25.00 principal amount of Old Notes for $11.00 principal amount of new series 10.00% Senior Notes due 2030 or to receive $8.50 in cash for each $25.00 principal amount of Old Notes tendered, with an early tender premium of $9.00 if submitted before July 2, 2025. The total cash available for purchase is limited to $3.0 million and will result in pro rata acceptance if exceeded. The offer is outlined in the related documents dated June 17, 2025, which include the Offer to Purchase/Exchange and additional materials.
Additional details:
Title Of Class Of Securities: 8.50% Senior Subordinated Notes due 2026
Cusip Num: 39531G209
New Notes Offered: 10.00% Senior Notes due 2030
Exchange Option: $11.00 principal amount of New Notes for each $25.00 principal amount of Old Notes
Tender Option Cash Payment: $8.50 for each $25.00 principal amount of Old Notes
Early Tender Premium: $9.00 for each $25.00 principal amount of Old Notes tendered before July 2, 2025
Cash Payment Limit: $3.0 million
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