Form 4: Greenidge Generation Holdings Inc.: Atlas Capital Receives Equity Payment in Common Stock

Atlas Capital Resources received 90,954 shares of Greenidge Generation Holdings Inc. Class A Common Stock as part of an equity interest payment agreement.

Summary

• On April 8, 2025, Greenidge Generation Holdings Inc. issued 90,954 shares of Class A Common Stock to Atlas Capital Resources as part of an equity interest payment agreement dated January 24, 2025.
• The payment, valued at $119,204, was distributed among Atlas Capital Resources (A9) LP (65,170 shares), Atlas Capital Resources (A9-Parallel) LP (23,400 shares), and Atlas Capital Resources (P) LP (2,384 shares).
• Following the transaction, Atlas Capital Resources beneficially owns 3,642,774 shares of Greenidge Generation Holdings Inc., including 962,744 shares of Class A Common Stock and 2,680,030 shares of Class B Common Stock, which are convertible into Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a transaction between the company and a major shareholder. It doesn't inherently convey positive or negative sentiment.

Industry Context

This announcement reflects ongoing financial transactions between Greenidge Generation Holdings Inc. and its investors. Such transactions are common in publicly traded companies and can impact stock ownership and capital structure.

Related Party Transactions

• The issuance of shares to Atlas Capital Resources constitutes a related party transaction due to their significant ownership stake and board representation.

Stakeholder Impact

• The issuance of new shares may slightly dilute existing shareholders' ownership.

Key Dates

Keywords

Greenidge Generation Holdings Inc., Atlas Capital Resources, Class A Common Stock, Equity Interest Payment, Beneficial Ownership, Form 4, GREE