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Greenidge Generation Holdings Inc.: Company Investigated by the Portnoy Law Firm

Retrieved on:

Tuesday, February 14, 2023

LOS ANGELES, Feb. 14, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Greenidge Generation Holdings Inc. (“Greenidge” or “the Company”) (NASDAQ: GREE; GREEL) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Greenidge investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.

Key Points:

LOS ANGELES, Feb. 14, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Greenidge Generation Holdings Inc. (“Greenidge” or “the Company”) (NASDAQ: GREE; GREEL) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors.
Greenidge investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing.

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Greenidge Generation Holdings Inc. Investors to Inquire About Securities Class Action Investigation – GREE; GREEL

Retrieved on:

Tuesday, February 14, 2023

Titan, News, I-Space (Chinese company), Support.com, Advertising, Cryptocurrency, GREE

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points:

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=11894 or call Phillip Kim, Esq.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages Greenidge Generation Holdings Inc. Investors to Inquire About Securities Class Action Investigation – GREE; GREEL

Retrieved on:

Friday, February 10, 2023

Class Action Lawsuit, Professional Services, Legal, Titan, News, I-Space (Chinese company), Support.com, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Advertising, Cryptocurrency, GREE

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=11894 or call Phillip Kim, Esq.

Key Points:

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=11894 or call Phillip Kim, Esq.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

RealDefense Acquires SUPERAntiSpyware From Support.com

Retrieved on:

Thursday, January 26, 2023

Professional Services, Data Management, Online Privacy, Security, Small Business, Technology, Software, Sale, Privacy, SUPERAntiSpyware, Acquisition, Personal computer, Support.com, Database, Video game, Macs

RealDefense LLC, a company that specializes in privacy, security, and productivity software and services, has completed its roll-up of SUPERAntiSpyware from Support.com for an undisclosed amount.

Key Points:

RealDefense LLC, a company that specializes in privacy, security, and productivity software and services, has completed its roll-up of SUPERAntiSpyware from Support.com for an undisclosed amount.
This transaction marks the fifth consumer software brand acquisition for RealDefense since 2017, as part of its roll-up strategy.
RealDefense plans to leverage its successful roll-up and M&A strategy of up-selling, cross-selling, and technology licensing to scale SUPERAntiSpyware to its full potential.
"We're excited to welcome SUPERAntiSpyware into our portfolio of brands as part of our roll-up strategy, and we congratulate the team on building an amazing technology and product," said Gary Guseinov, CEO of RealDefense.

Greenidge Generation Restructures and Significantly Reduces Secured Debt

Retrieved on:

Tuesday, January 31, 2023

"The debt restructuring we've announced today significantly improves our balance sheet and provides us with a clear path forward as we enter 2023," said Dave Anderson, Chief Executive Officer of Greenidge.

Key Points:

"The debt restructuring we've announced today significantly improves our balance sheet and provides us with a clear path forward as we enter 2023," said Dave Anderson, Chief Executive Officer of Greenidge.
These agreements have effectively reduced our secured debt balances with these lenders from approximately $87 million to approximately $26 million and have the strong potential to allow us to further reduce our debt.
"I want to congratulate the management team and Atlas for successfully restructuring the balance sheet and operations of Greenidge to benefit all stakeholders.
The transfer of these assets reduced the principal and accrued interest balance of the secured debt with NYDIG from approximately $76 million to approximately $17 million, for an aggregate debt reduction of approximately $59 million.

Greenidge Generation Executes Term Sheet with Secured Lender NYDIG Regarding Debt Renegotiations; Provides Liquidity Update

Retrieved on:

Tuesday, December 20, 2022

Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge" or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today provided an update on important proposed steps towards restructuring a significant portion of its debt with NYDIG ABL LLC ("NYDIG").

Key Points:

Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge" or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today provided an update on important proposed steps towards restructuring a significant portion of its debt with NYDIG ABL LLC ("NYDIG").
"We are pleased with the progress of our constructive negotiations with NYDIG to address our secured debt," said Dave Anderson, Chief Executive Officer of Greenidge.
On December 19, 2022, Greenidge entered into a non-binding term sheet ("Term Sheet") with NYDIG to potentially restructure its approximately $74 million of debt remaining with NYDIG under the Master Equipment Finance Agreements dated as of May 25, 2021 and March 21, 2022.
About Greenidge Generation Holdings Inc.
Greenidge Generation Holdings Inc. (NASDAQ: GREE) is a vertically integrated cryptocurrency datacenter and power generation company.

Greenidge Generation Announces Financial and Operating Results for Third Quarter 2022 and Provides Operational Update for October 2022

Retrieved on:

Monday, November 14, 2022

FAIRFIELD, Conn., Nov. 14, 2022 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge"), a vertically integrated cryptocurrency datacenter and power generation company, today announced financial and operating results for the third quarter of 2022 and provided an operational update for the month ended October 31, 2022.

Key Points:

Greenidge's third quarter 2022 results included $0.8 million of losses on sales of assets, $0.2 million of merger and other costs and $0.2 million of expansion costs.
Adjusted EBITDA (loss) for the third quarter was $(2.3) million compared to the prior year period of $21.2 million.
As of October 31, 2022, Greenidge had approximately 2.5 EH/s of mining capacity from approximately 24,500 miners in service.
About Greenidge Generation Holdings Inc.
Greenidge Generation Holdings Inc. (NASDAQ: GREE) is a vertically integrated cryptocurrency datacenter and power generation company.

Smart Home Starter launches Tech Supportal, a live 24/7 tech support service

Retrieved on:

Wednesday, September 28, 2022

Super Mario, Home, City, Entrepreneurship, Blog, Support.com, Knowledge, Industry, Technology, Solution, Talking CCTV, IOT, Tech Support Comedy, Video game console, DALLAS

DALLAS, Sept. 28, 2022 /PRNewswire-PRWeb/ -- Today, Smart Home Starter, a popular blog committed to equipping users with the knowledge to solve their tech issues, launched Tech Supportal, a 24/7 multi-channel tech support service for Smart Homes.

Key Points:

Smart Home Starter launches Tech Supportal, a live 24/7 tech support service
DALLAS, Sept. 28, 2022 /PRNewswire-PRWeb/ -- Today, Smart Home Starter, a popular blog committed to equipping users with the knowledge to solve their tech issues, launched Tech Supportal, a 24/7 multi-channel tech support service for Smart Homes.
- Trae Jacobs, Co-Founder
Since its founding, Smart Home Starter has helped millions of people get the most out of their home technology.
Now with Tech Supportal , owners of smart homes can have live 24/7 tech support for any issue, any device, at any time.
About Smart Home Starter : Smart Home Starter is a leading digital consumer tech publishing brand that focuses primarily on troubleshooting, how-to and product reviews.

Tim Krozek Joins the Windfall Leadership Team as Chief Revenue Officer

Retrieved on:

Wednesday, September 7, 2022

SAN FRANCISCO, Sept. 7, 2022 /PRNewswire-PRWeb/ -- Windfall Data, Inc. ("Windfall"), the most trusted and accurate provider of insights and democratized intelligence on people, announced today that Tim Krozek has been named Chief Revenue Officer ("CRO"). In this role, Krozek will oversee Windfall's go-to-market functions including Sales, Revenue Operations, Customer Success, and Marketing. He will focus Windfall's 100% year-over-year growth and tremendous customer momentum into a strategic execution plan across revenue-generating teams.

Key Points:

In this role, Krozek will oversee Windfall's go-to-market functions including Sales, Revenue Operations, Customer Success, and Marketing.
"With the massive growth Windfall has experienced over the last year, we are thrilled to welcome Tim to the team," said Arup Banerjee, CEO and Co-Founder of Windfall.
"His extensive background in data and digital marketing, combined with our shared customer-first vision of how to continue to deliver while we grow, makes Tim the perfect addition to our leadership team.
Tim brings two decades of leadership and revenue generation success from building businesses in both enterprise and start-up environments.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Greenidge Generation Holdings Inc. - GREE

Retrieved on:

Tuesday, August 2, 2022

Company, GLOBE, Environmental protection, C40 Cities Climate Leadership Group, Climate, Support.com, Electricity, Compliance, New York State Department of Environmental Conservation, NASDAQ, News, Title, LLC, Patriot Act, Title V, Renewable energy, DEC

NEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Greenidge Generation Holdings Inc. (Greenidge or the Company) (NASDAQ: GREE).

Key Points:

NEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Greenidge Generation Holdings Inc. (Greenidge or the Company) (NASDAQ: GREE).
The investigation concerns whether Greenidge and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On February 2, 2022, Greenidge announced selected preliminary operating results for the fourth quarter and full year of 2020.
Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.