Recent Updates — GREE
Vulcan Infrastructure and Power Inc., formerly Greenidge Generation Holdings Inc., entered into subscription agreements for a $39.4 million private investment in public equity (PIPE) transaction. The financing includes $29.4 million in Class A common stock issued at $1.71 per share to investors including Machine Investment Group, Atlas Holdings, Conversant Capital, and company insiders, plus a $10 million senior secured convertible promissory note issued to Machine Investment Group. The company intends to use net proceeds to redeem approximately $33 million of its outstanding 8.50% senior notes due October 2026. Additionally, the company is rebranding and changing its Nasdaq ticker from GREE to VIP, effective July 24, 2026. The company operates in the digital infrastructure and power sector, focusing on AI and high-performance computing data centers.