Greenidge Generation Holdings Inc. Files 8-K

Ticker: GREEL · Form: 8-K · Filed: Dec 1, 2025 · CIK: 1844971

Greenidge Generation Holdings Inc. 8-K Filing Summary
FieldDetail
CompanyGreenidge Generation Holdings Inc. (GREEL)
Form Type8-K
Filed DateDec 1, 2025
Risk Levellow
Pages5
Reading Time6 min
Key Dollar Amounts$18.0 million, $180,000, $1.5 m, $1.5 million
Sentimentneutral

Sentiment: neutral

Topics: material-definitive-agreement, financial-reporting, corporate-action

TL;DR

Greenidge Generation Holdings Inc. filed an 8-K on 11/26/2025, reporting material agreements and financial docs.

AI Summary

Greenidge Generation Holdings Inc. filed an 8-K on November 26, 2025, reporting the entry into a material definitive agreement and filing financial statements and exhibits. The company, incorporated in Delaware, is involved in finance services with its principal executive offices located in Pittsford, New York.

Why It Matters

This filing indicates significant corporate actions or financial reporting by Greenidge Generation Holdings Inc., which could impact investors and stakeholders.

Risk Assessment

Risk Level: low — This is a routine filing reporting a material definitive agreement and financial statements, not indicating immediate financial distress or significant new risks.

Key Numbers

  • 001-40808 — SEC File Number (Identifies the company's filing with the SEC.)
  • 86-1746728 — I.R.S. Employer Identification Number (Company's tax identification number.)

Key Players & Entities

  • Greenidge Generation Holdings Inc. (company) — Registrant
  • Delaware (jurisdiction) — State of incorporation
  • Pittsford, New York (location) — Principal executive offices
  • November 26, 2025 (date) — Date of earliest event reported

FAQ

What is the nature of the material definitive agreement entered into by Greenidge Generation Holdings Inc. on November 26, 2025?

The filing states that the company entered into a material definitive agreement, but the specific details of this agreement are not provided in the excerpt.

What financial statements and exhibits are being filed with this 8-K?

The filing indicates that financial statements and exhibits are being filed, but the specific content of these documents is not detailed in the provided text.

When was Greenidge Generation Holdings Inc. incorporated?

Greenidge Generation Holdings Inc. was incorporated in Delaware.

Where are Greenidge Generation Holdings Inc.'s principal executive offices located?

The principal executive offices of Greenidge Generation Holdings Inc. are located at 1159 Pittsford-Victor Road, Suite 240, Pittsford, New York.

What is the SEC Act under which this 8-K is filed?

This 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Filing Stats: 1,443 words · 6 min read · ~5 pages · Grade level 15.8 · Accepted 2025-12-01 08:10:17

Key Financial Figures

  • $18.0 million — ), for the following consideration: (i) $18.0 million in cash (subject to upward adjustment f
  • $180,000 — excess of the Initial Load at a rate of $180,000 per MW. As security for the Purchaser '
  • $1.5 m — into escrow a non-refundable deposit of $1.5 million, which will be applied to the Ini
  • $1.5 million — nitial Purchase Price (inclusive of the $1.5 million escrow deposit); (iii) the title compan

Filing Documents

01 – Entry into a Material Definitive Agreement

Item 1.01 – Entry into a Material Definitive Agreement. On November 26, 2025, 300 Jones Road LLC, a wholly owned subsidiary of Greenidge Generation Holdings Inc. (collectively with each of its affiliates, the "Company"), entered into a Purchase and Sale Agreement and Joint Escrow Instructions (as amended, the "Purchase Agreement") with 300 Jones Road Associates LLC (the "Purchaser"), an affiliate of Lightstone Parent LLC (the "Guarantor") and LightHouse Data Centers LLC, pursuant to which the Company has agreed to sell to the Purchaser two parcels of land totaling approximately 152 acres located in Spartanburg, South Carolina (the "Property") and to assign to the Purchaser the Company ' s rights to 60 megawatts ("MW") of electrical service (the "Initial Load"), which is expected to be made available to the Property in September 2026 (the "Transaction"), for the following consideration: (i) $18.0 million in cash (subject to upward adjustment for certain expenses incurred by the Company in connection with its design, development and construction of a 60 MW substation to be located on the Property) (as so adjusted, the "Initial Purchase Price") payable by the Purchaser to the Company on the Closing Date (as defined below); and (ii) the Company ' s right to receive future cash payments from the Purchaser, not to exceed an additional $18.0 million in the aggregate, conditioned upon the availability of additional electrical capacity to the Property in excess of the Initial Load prior to December 31, 2030 (such payments, the "Success Payments"). Pursuant to the terms of the Purchase Agreement, any Success Payments will be made by the Purchaser to the Company no later than three months after any such additional energization in excess of the Initial Load at a rate of $180,000 per MW. As security for the Purchaser ' s obligations to make any Success Payments owed to the Company, the Guarantor delivered to the Company an irrevocable guarantee pursuant to a Joinder executed

01 – Financial Statements and Exhibits

Item 9.01 – Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Purchase and Sale Agreement and Joint Escrow Instructions, dated November 2 6 , 2025 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Greenidge Generation Holdings Inc. By: /s/ Bachar Mahmoud Name: Bachar Mahmoud Title: General Counsel and Corporate Secretary Date: December 1, 2025

View Full Filing

View this 8-K filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.