GREE.NASDAQGreenidge Generation Holdings INC
10-K/A: Greenidge Generation Holdings Files Amendment to 10-K to Include Omitted Exhibits
Sentiment:
Form 10-K/A (Amendment to Annual Report)
Greenidge Generation Holdings Inc. filed an amendment to its annual report on Form 10-K to include the insider trading policy and the recovery of erroneously awarded compensation policy, which were initially omitted.
Summary
- Greenidge Generation Holdings Inc. has filed Amendment No. 1 on Form 10-K/A to its annual report for the year ended December 31, 2024.
- The amendment supplements the exhibit index in Item 15(a) of Part IV of the original Form 10-K.
- The purpose of the amendment is to include Exhibit 19.1 (the company's insider trading policy) and Exhibit 97.1 (the company's policy for the recovery of erroneously awarded compensation), which were inadvertently omitted from the original filing.
- No other changes have been made to the original Form 10-K, and the amendment does not modify or update any financial or other information contained therein.
- The amendment includes certifications from the company's principal executive officer and principal financial officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
- The aggregate market value of the voting common equity held by non-affiliates was $20,648,389 as of June 30, 2024.
- As of March 25, 2025, the company had 11,741,704 shares of Class A common stock and 2,733,394 shares of Class B common stock outstanding.
Sentiment
Score: 7
Explanation: The sentiment is neutral as the document is a routine amendment to correct omissions. There are no indications of positive or negative impacts on the company's financial position or future prospects.
Positives
- The company is taking corrective action to ensure all required exhibits are included in its filings.
- The amendment includes certifications from the CEO and CFO, demonstrating compliance with regulatory requirements.
Management Comments
- Jordan Kovler, Chief Executive Officer, certified that the report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report.
- Christian Mulvihill, Chief Financial Officer, certified that the report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report.
Industry Context
This filing is a routine amendment to correct omissions in the original filing and does not indicate any significant changes in the company's business or industry position.
Key Dates
| Date | Description |
|---|---|
| March 19, 2021 | Date of the Agreement and Plan of Merger among Greenidge Generation Holdings Inc., Support.com, Inc. and GGH Merger Sub, Inc. |
| May 4, 2021 | Filing date of the Registration Statement on Form S-4. |
| July 16, 2021 | Filing date of the Registration Statement on Form S-4 regarding Amended and Restated Bylaws. |
| October 13, 2021 | Date of Indenture between Greenidge Generation Holdings Inc. and Wilmington Savings Fund Society, FSB. |
| October 21, 2021 | Date of Purchase and Sale Agreement between LSC Communications MCL LLC and 300 Jones Road LLC. |
| November 12, 2021 | Date of Executive Employment Agreement between Greenidge Generation Holdings Inc. and Robert Loughran. |
| November 15, 2021 | Filing date of the Quarterly Report on Form 10-Q. |
| December 1, 2021 | Filing date of the Registration Statement on Form S-1. |
| April 7, 2022 | Date of Purchase Agreement between Greenidge Generation Holdings Inc. and B. Riley Principal Capital, LLC. |
| April 13, 2022 | Date of Amendment No. 1 to Common Stock Purchase Agreement between Greenidge Generation Holdings Inc. and B. Riley Principal Capital, LLC. |
| August 15, 2022 | Date of Executive Employment Agreement between Greenidge Generation Holdings Inc. and Dale Irwin. |
| September 6, 2022 | Date of Second Amended and Restated Certificate of Incorporation of Greenidge Generation Holdings Inc. |
| September 19, 2022 | Date of At Market Issuance Sales Agreement by and among Greenidge Generation Holdings Inc., B. Riley Securities, Inc. and Northland Securities, Inc. |
| October 3, 2022 | Date of Amendment No. 1 to At Market Issuance Sales Agreement by and among Greenidge Generation Holdings Inc., B. Riley Securities, Inc. and Northland Securities, Inc. |
| October 7, 2022 | Date of Offer Letter between Greenidge Generation Holdings Inc. and David Anderson. |
| October 31, 2022 | Filing date of the Registration Statement on Form S-8. |
| January 30, 2023 | Date of Membership Interest and Asset Purchase Agreement by and among NYDIG ABL LLC, Greenidge Generation Holdings, Inc., Greenidge Generation LLC, GSC Collateral LLC, and GNY Collateral LLC. |
| May 5, 2023 | Filing date of the Current Report on Form 8-K regarding Certificate of Amendment. |
| November 9, 2023 | Date of Asset Purchase Agreement (APA) by and among NYDIG ABL LLC, SC 1 Mining Site LLC, Greenidge Generation Holdings Inc., Greenidge South Carolina, LLC, and 300 Jones Road LLC. |
| November 16, 2023 | Date of Offer Letter between Greenidge Generation Holdings Inc. and Jordan Kovler. |
| December 11, 2023 | Date of Master Services Agreement by and between Greenidge Generation Holdings Inc. and Infinite Reality, Inc. |
| January 24, 2025 | Date of Equity Interest Payment Agreement by and among Greenidge Generation Holdings Inc., Atlas Capital Resources (A9) LP, Atlas Capital Resources (A9-Parallel) LP and Atlas Capital Resources (P) LP. |
| February 12, 2024 | Date of Securities Purchase Agreement by and between Greenidge Generation Holdings Inc. and Armistice Capital Master Fund Ltd. |
| March 6, 2024 | Date of Commercial Purchase and Sale Agreement by and between Greenidge Mississippi LLC and Janesville, LLC. |
| April 26, 2024 | Date of Release Agreement between Greenidge Generation Holdings Inc. and Scott MacKenzie. |
| June 30, 2024 | Date used to calculate the aggregate market value of the voting common equity held by non-affiliates. |
| July 30, 2024 | Date of Common Stock Purchase Agreement between Greenidge Generation Holdings Inc. and B. Riley Principal Capital II, LLC. |
| November 18, 2024 | Filing date of the Definitive Information Statement on Form DEF 14C. |
| December 31, 2024 | End of the fiscal year for the Annual Report on Form 10-K. |
| January 28, 2025 | Filing date of the Current Report on Form 8-K regarding Equity Interest Payment Agreement. |
| March 25, 2025 | Date for outstanding shares of Class A and Class B common stock. |
| March 31, 2025 | Original Filing Date of the Annual Report on Form 10-K. |
| April 9, 2024 | Filing date of the Annual Report on Form 10-K. |
| April 10, 2025 | Filing date of the Annual Report on Form 10-K. |
| April 21, 2025 | Date of the certifications from the CEO and CFO included in the amendment. |
Keywords
Form 10-K/A, amendment, insider trading policy, compensation recovery policy, Greenidge Generation Holdings, financial reporting, exhibits
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