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Vulcan Infrastructure & Pwr 8-K Filings

GREEL NASDAQ

Every 8-K that Vulcan Infrastructure & Pwr (GREEL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow GREEL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GREEL filings page.

Rhea-AI Summary

Vulcan Infrastructure & Power Inc. (VIP) closed a roughly $39.4 million private strategic investment / PIPE financing, issuing 17,146,190 Class A shares at $1.71 plus a $10.0 million senior secured 10% PIK convertible note and a warrant to buy 1,754,386 shares at $1.71. Vulcan intends to use most proceeds to redeem about $33.1 million of its 8.50% Senior Notes due October 2026, addressing its principal near-term debt maturity. After voluntary Class B conversions and the PIPE issuance, 35,547,753 Class A shares were outstanding as of September 10, 2026. The Machine note converts at $2.1375 per share, carries a 10% PIK rate (15% on default), is secured by first-priority liens on cryptocurrency mining equipment and powered land interests, and is subject to extensive covenants, fundamental-change and make-whole protections, and potential forced conversion based on VWAP triggers. Investor-rights agreements with MIG and Atlas add board representation and rights of first offer, and the board was reconstituted to 10 directors. Vulcan highlights a 654 MW owned-site AI/HPC development pipeline, 104 MW of existing capacity, and evaluation of another 2.5 GW of potential capacity.

Rhea-AI Summary

Vulcan Infrastructure and Power Inc. is outlining a major balance-sheet and strategy pivot tied to a proposed $39.4 million PIPE financing and AI/HPC infrastructure focus. The company describes plans to use net proceeds to redeem approximately $33.1 million of 8.50% Senior Notes due October 2026, cutting total debt from $36.9 million to as low as $3.7 million and reducing net loan-to-value from 47.2% to 1.9%, or to a net cash position if a $10 million secured convertible note is fully converted.

Vulcan highlights a 654 MW combined power pipeline at owned sites, including an actively operating 104 MW power plant in Dresden, NY, more than 100 MW of capacity it expects to have available for AI/HPC data center opportunities within the next year, and a further 450 MW under load studies. Management and new strategic investors (Machine Investment Group, Atlas Holdings and Conversant Capital) emphasize experience in power generation, data center development and hyperscaler leasing, and note that Vulcan’s stated trading multiple of about $94,000 per MW of platform capacity is significantly below public AI/HPC data center peers. The PIPE transaction and related capital-structure changes remain subject to customary closing conditions and regulatory approvals.

Rhea-AI Summary

Vulcan Infrastructure and Power Inc. reported weak second-quarter 2026 results while outlining a major balance sheet restructuring and strategic shift toward AI/high-performance computing infrastructure. For Q2 2026, revenue was $3.4 million, with a net loss of $9.9 million, an EBITDA loss of $8.5 million and an Adjusted EBITDA loss of $6.7 million. Net cash flow used for operating activities was $4.3 million, and Adjusted Free Cash Flow was a loss of $2.7 million. Vulcan held $9.2 million of cash and digital assets as of June 30, 2026.

The company highlighted a planned $39.4 million strategic investment, whose net proceeds are intended to redeem approximately $33.1 million of 8.50% Senior Notes due 2026 and fund growth. On a pro forma basis, Total Debt would decline from $36.9 million to $13.7 million and Net Debt from $27.7 million to $1.3 million, assuming closing of the PIPE transaction. Vulcan controls 104 MW of energized capacity and a 654 MW development pipeline, including more than 100 MW of near-term AI/HPC opportunities.

Rhea-AI Summary

Vulcan Infrastructure and Power Inc. approved one-time equity awards for three senior executives in connection with their work on the company’s strategic transformation and its entry into definitive agreements for an aggregate strategic investment of approximately $39.4 million.

On July 20, 2026, the Compensation Committee granted 125,000 RSUs to CEO Jordan Kovler, 50,000 RSUs to President Dale Irwin, and 35,000 RSUs to CFO Christian Mulvihill under the Third Amended and Restated 2021 Equity Incentive Plan. Each RSU represents one share of Class A common stock and vested on July 23, 2026.

Rhea-AI Summary

Vulcan Infrastructure and Power Inc. (formerly Greenidge Generation Holdings Inc.) has entered into definitive agreements for a private investment in public equity financing of approximately $39.4 million at $1.71 per share. The company plans to use the net proceeds primarily to redeem about $33 million of its 8.50% senior notes due October 2026, with any remainder for general corporate purposes.

The financing includes a senior secured convertible note to MIG REF II INFR, LLC bearing 10.0% annual payment-in-kind interest, maturing three years from issuance with a $2.1375 conversion price, and a warrant exercisable at $1.71 for three years. These instruments are secured by cryptocurrency mining equipment, including roughly 6,258 miners, and powered land in Mississippi, and carry covenants such as a minimum liquidity requirement of $10.0 million and limitations on additional indebtedness and liens.

New investor rights agreements give MIG, Atlas and others board nomination, observer, preemptive and registration rights tied to ownership thresholds, and create sponsor incentive fee arrangements. The company has rebranded as Vulcan Infrastructure and Power Inc., will change its Nasdaq ticker from GREE to VIP, reports 104 MW of existing energized capacity with a 654 MW development pipeline, and has obtained written stockholder consent to increase its equity incentive plan reserve by 2,500,000 shares to 5,083,111.

Rhea-AI Summary

Greenidge Generation Holdings Inc. held its 2026 annual stockholder meeting, where investors voted on board elections and the company’s outside auditor. Stockholders elected nine directors to serve until the 2027 annual meeting, with each nominee receiving over 29.2 million votes in favor and a similar level of support across the slate.

Stockholders also approved the appointment of MaloneBailey, LLP as Greenidge’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The auditor ratification received 34,049,387 votes for, 143,662 against, and 73,452 abstentions, indicating strong overall support for continuing with the same audit firm.

Rhea-AI Summary

Greenidge Generation Holdings Inc. entered into privately negotiated exchange agreements on May 29 and June 1, 2026, swapping $2,089,400 aggregate principal of its 8.50% Senior Notes due October 2026 for 1,162,221 shares of Class A common stock. The exchanges were conducted under Section 3(a)(9) of the Securities Act, meaning the new shares went to existing security holders and no commission or other remuneration was paid for soliciting the exchanges. After this transaction, $33,138,350 aggregate principal of the notes remains outstanding, and the company states it is actively seeking additional non-cash opportunities to satisfy some or all of the remaining obligations but is not obligated to complete further exchanges.

Rhea-AI Summary

Greenidge Generation Holdings Inc. reported that directors Kenneth Fearn and Christopher Krug resigned from the Board effective April 15, 2026. Fearn served on the Audit Committee and Krug on the Compensation Committee. The company stated their resignations did not result from any disagreement regarding operations, policies, or practices.

The Compensation Committee approved fully accelerated vesting of the outstanding, unvested restricted stock units granted to the departing directors on April 17, 2025 and November 9, 2025. As a result, 174,107 RSUs held by Fearn and 174,107 RSUs held by Krug vested in full under the company’s Third Amended and Restated 2021 Equity Incentive Plan.

Rhea-AI Summary

Greenidge Generation Holdings Inc. announced the final results of its exchange offer for its 8.50% Senior Notes due 2026. Holders tendered $1,436,125 in principal out of $36,663,875 outstanding, and these notes will be exchanged into 10.00% Senior Notes due 2030 plus shares of Class A common stock.

On settlement, Greenidge expects to issue approximately $1,459,689 in aggregate principal amount of new 2030 notes and 114,890 Class A shares, leaving $35,227,750 principal of the 2026 notes outstanding. The company also disclosed that FINRA denied its request to obtain a trading symbol for the new notes on the OTC Markets platform, and it is evaluating alternatives, while warning investors that an active or liquid trading market for the new notes may not develop.

Rhea-AI Summary

Greenidge Generation Holdings Inc. updated investors on changes to its exchange offer for its 8.50% Senior Notes due 2026. For each $25.00 principal amount of Old Notes tendered, holders will now receive $25.00 principal amount of New Notes plus two shares of Class A common stock. The company removed the Early Tender Premium and Early Tender Date features and waived the previous closing condition that at least $11.0 million in principal amount of Old Notes be tendered. As of the March 25, 2026 withdrawal deadline, Old Notes with $36,663,875 principal amount were outstanding and $1,334,025 principal amount had been validly tendered and not withdrawn. Holders who already tendered do not need to take further action to receive the revised consideration.

Rhea-AI Summary

Greenidge Generation Holdings Inc. reported two main developments. First, its compensation committee granted a one-time $100,000 Special Bonus to each of the CEO, President, and CFO, split between cash and restricted stock units that vest within seven days, in recognition of closing the $18.0 million cash and $18.0 million contingent sale of its South Carolina property in December 2025.

Second, Greenidge commenced an exchange offer for its 8.50% Senior Notes due 2026, offering $25.00 principal amount of new 10.00% Senior Notes due 2030 for each $25.00 of old notes, with an extra two Class A shares per $25.00 if tendered by March 25, 2026. The offer covers up to $36,663,875 of notes and requires at least $11.0 million (about 30%) to be exchanged to close.

Rhea-AI Summary

Greenidge Generation Holdings Inc. filed an amended report that corrects typographical errors in a prior press release and reaffirms preliminary results for the fourth quarter and full year 2025. The company highlights progress in debt reduction, regulatory clarity for its Dresden power facility and a strategic shift toward AI/HPC datacenters.

For 2025, Greenidge reports preliminary total revenue of $58.8 million, net income of $4.2–$5.2 million after a $24.0–$25.0 million improvement versus 2024, and EBITDA of $19.9–$20.9 million. It reduced senior unsecured debt due October 2026 from $68.5 million to $36.7 million and ended the year with $19.6 million of cash, $6.5 million of bitcoin and total debt of $39.0 million. Greenidge also secured agreements for 100MW of future non-curtailable power for datacenters and initiated studies to access an additional 200MW at Dresden, supporting its transition from bitcoin mining toward AI/HPC infrastructure.

Rhea-AI Summary

Greenidge Generation Holdings Inc. announced in a Form 8-K that on August 27, 2025 it commenced a tender and exchange offer for its outstanding 8.50% Senior Notes due 2026. The filing furnishes a press release as Exhibit 99.1 and includes a standard cautionary statement that portions of the filing contain forward-looking statements subject to risks and uncertainties described in the company’s prior reports. The excerpt does not include the tender/exchange offer terms, expected acceptance period, or potential effects on the company’s capital structure.

Rhea-AI Summary

Greenidge Generation Holdings Inc.'s wholly-owned subsidiary, 300 Jones Road LLC, received notice on August 24, 2025 that Data Journey LLC terminated the Purchase and Sale Agreement for approximately 152 acres in Spartanburg, South Carolina originally set to close for $12.1 million in cash plus an 8% profit participation. Side letters dated March 3 and July 10, 2025 had provided Data Journey an option that expired on August 25, 2025 and allowed Greenidge to retain non-refundable deposits of $400,000, continue marketing the Property, and terminate the Agreement after the Closing Deadline.

The Company says it will continue investing to secure the Property's long-term power rights and will explore opportunities to maximize shareholder value. The termination ends the specific sale arrangement but preserves the Company's ability to seek alternative buyers and to retain the stated deposits.

Rhea-AI Summary

Greenidge Generation Holdings Inc. reported two routine but material corporate actions. The company furnished a press release reporting financial and operational results for the fiscal quarter ended June 30, 2025 as Exhibit 99.1, and the Board increased its size from 10 to 11 directors to appoint Charles M. Zeynel as a new non-employee director.

Mr. Zeynel brings over 40 years of experience in petrochemicals, strategic management and sustainability, including leadership roles at the ZAG Group and Union Carbide. His compensation is the company’s standard non-employee director package: an annual retainer of $40,000 and an equity award valued at $100,000 vesting over three years, and he will enter the standard indemnification agreement. The filing also lists the company’s publicly traded securities, including Class A common stock (GREE) and 8.50% Senior Notes due 2026 (GREEL).

Rhea-AI Summary

Greenidge Generation Holdings Inc. (Nasdaq: GREE, GREEL) filed an 8-K announcing a definitive Asset Purchase Agreement dated 1-Aug-2025. Through subsidiary Greenidge Mississippi LLC, the company will sell its 6.4-acre Mississippi bitcoin-mining site at 249 Datco Industrial Rd., Columbus, together with related mining equipment (but excluding bitcoin miners) and other tangible assets (the “Acquired Assets”). The buyer is US Digital Mining Mississippi LLC.

Purchase price totals $3.9 million, comprised of (i) a $195k refundable earnest-money deposit now in escrow and (ii) $3.705 million cash at closing. The buyer may withdraw during a due-diligence period that ends five business days before the targeted closing date of 16-Sep-2025. Closing is subject to customary representations, covenants, and mutual indemnities.

The sale does not include ~73,000 sq ft of adjacent warehouse space acquired by Greenidge in Mar-2024, which the company “continues to evaluate” for alternate uses or potential sale. No financial statements or pro-forma data were provided in the filing.