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Greenidge Generation to Sell More Baby Bonds

Last Friday I posted a note that Greenidge Generation (GREE), a crypto miner, had filed a registration statement for sales of additional baby bonds.

The original 8.50% issue (GREEL) was sold on 10/11/2021 and after peaking at $25.40 has now turned lower and last traded at $24.45.

Today EarlyBird posted that they have refiled an amended registration for another 1.4 million new bonds. EB posited that pricing could be in the $24.50 area.

The filing is here.

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