{"id":49439,"date":"2021-09-14T16:24:05","date_gmt":"2021-09-14T13:24:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49439"},"modified":"2025-09-02T12:40:17","modified_gmt":"2025-09-02T09:40:17","slug":"greenidge-generation-to-go-public-on-nasdaq-via-reverse-merger","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/greenidge-generation-to-go-public-on-nasdaq-via-reverse-merger\/","title":{"rendered":"Greenidge Generation to go public on Nasdaq via reverse merger"},"content":{"rendered":"<p>The American mining company Greenidge Generation will become public through a <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1844971\/000119312521271020\/d220144dex991.htm\">reverse merger<\/a> with the Nasdaq-listed customer-solutions provider Support.com. Finalization of the deal is expected on September 14, with the listing the following day.<\/p>\n<p>The shares will trade under the ticker GREE.<\/p>\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/greenidge-generation-to-list-on-nasdaq-via-reverse-merger\">Announced<\/a> on March 22, the merger will be effected by a stock-for-stock exchange at a rate of 1 SPRT share for 0.115 GREE, with cash consideration.<\/p>\n<p>In 2022, Greenidge Generation plans to increase its hash rate from 1.1 EH\/s to 2.6 EH\/s.<\/p>\n<p>In May, Greenidge Generation <a href=\"https:\/\/u1f987.com\/en\/news\/greenidge-generation-to-become-carbon-neutral\">promised to fully offset<\/a> its carbon footprint from mining the first cryptocurrency by purchasing CO2 emission quotas.<\/p>\n<p>In June, the mining company <a href=\"https:\/\/u1f987.com\/en\/news\/greenidge-generation-to-launch-new-green-data-centre-for-bitcoin-mining\">announced<\/a> plans to launch a new Bitcoin mining facility in South Carolina.<\/p>\n<p>Subscribe to ForkLog News on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The American mining company Greenidge Generation will go public through a reverse merger with the Nasdaq-listed SPAC Support.com. Finalization of the deal is expected on September 14, with the listing the following day.<\/p>\n","protected":false},"author":1,"featured_media":49440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1137,2209,768,1211],"class_list":["post-49439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-mining","tag-greenidge-generation","tag-nasdaq","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=49439"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49439\/revisions"}],"predecessor-version":[{"id":49441,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49439\/revisions\/49441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/49440"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=49439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=49439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=49439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}