Bitcoin miner Greenidge prepares for listing on the Nasdaq
Greenidge, a mining and power generation company is poised to merge with Support.com, a provider of customer technical support solutions.
Upon completion, Support.com Inc. will become a wholly owned subsidiary of Greenidge Generation Holdings Inc. The new entity’s Class A shares will trade under the ticker GREE.
According to a September 13 announcement released by the SEC, the merger is expected to take effect by the close of the market the next day. The merger, settled as a stock-for-stock transaction, will see each share of Support.com Inc. automatically converted into the right for its holder to receive 0.115 Class A Greenidge shares. Greenidge CEO Jeff Kirt said:
Read the full text on Cointelegraph
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