Vulcan Infrastructure & Power Inc. completed redemption of all $30,345,200 aggregate principal amount of its 8.50% Senior Notes due 2026. The redemption price was 100% of principal plus accrued and unpaid interest through, but excluding, October 13, 2026; total payment was approximately $30,868,233. Interest ceased accruing on the redemption date, and no 2026 Notes remain outstanding.
As of September 30, 2026, Vulcan had $16.9 million in cash and digital assets based on preliminary, unaudited balances, after giving effect to the redemption and approximately $1.4 million of remaining expenses related to PIPE transactions. The notes ceased trading on Nasdaq on October 12, 2026. Nasdaq filed Form 25 to delist and deregister the notes; the company expects those steps to take effect on or about October 23, 2026, and January 12, 2027, respectively. The redemption does not affect the Class A common stock’s Nasdaq listing, and Vulcan will continue filing SEC reports.
Vulcan Infrastructure & Power Inc. is the issuer named in Nasdaq Stock Market LLC’s Form 25 notification concerning removal from listing and registration of its 8.50% Senior Notes due 2026. Nasdaq certified that it complied with its rules to strike the class from listing and/or withdraw its registration on the exchange.
Vulcan Infrastructure & Power Inc. (VIP) reported an indirect acquisition of 67,183 Class A common shares by Atlas entities on October 8, 2026, in connection with an Equity Interest Payment Agreement dated January 24, 2025. The shares were allocated to Atlas Capital Resources (A9) LP (48,143), Atlas Capital Resources (A9-Parallel) LP (17,279), and Atlas Capital Resources (P) LP (1,761); the related agreement describes a $163,598 payment to Atlas in shares. Reported indirect holdings following the transaction were 7,176,541 shares. The reporting persons were Atlas Capital Resources GP LLC, Atlas Capital GP LP, Atlas Capital Resources (A9) LP, Andrew M. Bursky and Timothy J. Fazio; each was identified as a director and 10% owner. Bursky and Fazio were managing partners of Atlas Capital Resources GP LLC, and they and the Atlas entities disclaimed beneficial ownership except to the extent of any pecuniary interest.
Vulcan Infrastructure & Power Inc. (VIP) expects to redeem all remaining 8.50% Senior Notes due 2026 on October 13, 2026, at 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date. Following an October 1, 2026 exchange, $30,345,200 of principal remained outstanding; the expected payment is approximately $30.9 million, including approximately $523,000 of interest through October 12.
In the exchange, Vulcan issued $2,833,358 aggregate principal amount of 10.00% Senior Notes due 2030 and warrants to purchase up to 1,000,000 Class A common shares at $1.87 per share in exchange for $2,793,150 aggregate principal amount of 2026 Notes and accrued and unpaid interest. The company said predevelopment and negotiations with potential AI/HPC customers continue at its Dresden and Columbus sites.
Cash and digital assets were approximately $49.2 million as of September 30, 2026, including bitcoin with an estimated fair value of approximately $5.4 million. After the anticipated redemption and approximately $1.4 million of remaining PIPE-related expenses, Vulcan estimates approximately $16.9 million in cash and digital assets. These preliminary, unaudited estimates exclude operating cash use, other expenses and changes in bitcoin value after September 30.
Vulcan Infrastructure & Power Inc. (VIP) agreed to issue $2,833,358 in principal amount of 10.00% Senior Notes due 2030 and three-year warrants to purchase 1,000,000 Class A shares at $1.87 per share. In exchange, holders will surrender $2,793,150 in principal amount of 8.50% Senior Notes due 2026 and approximately $40,230 in accrued and unpaid interest. Closing is expected on or about October 1, 2026, subject to satisfaction or waiver of the agreement’s conditions.
While a holder holds any of the new notes, it and certain related persons are restricted from acquiring additional notes or Class A securities if that would result in beneficial ownership above 4.99%. The warrants are exercisable only for cash; holders do not receive Class A stockholder rights, including voting rights, until exercise. VIP also agreed to certain registration rights for the warrant shares.
Vulcan Infrastructure & Power Inc. reported $39,320,000 USD in total securities sold in a Rule 506(b) exempt offering, with the first sale dated September 10, 2026. It reported $0 USD remaining to be sold. The securities include equity, debt, options, warrants or other rights to acquire another security, and securities to be acquired upon exercise of those rights.
Vulcan Infrastructure & Power Inc. (symbol: VIP) is the issuer of record for a Form 4/A filing submitted to the SEC. NEUSCHELER MICHAEL P reported acquisition or exercise transactions in this Form 4 filing.
Vulcan Infrastructure & Power Inc. (VIP) reported that director Michael P. Neuscheler received two equity awards of Class A Common Stock in the form of restricted stock units under the Fourth Amended and Restated 2021 Equity Incentive Plan. On September 9, 2026, he was granted 60,000 restricted stock units as a one-time equity award recognizing contributions to the company’s strategic transformation, vesting in full 60 days from the grant date. On September 10, 2026, he was granted 42,349 restricted stock units as an annual equity retainer for Board and committee service, vesting in full on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock, and no Rule 10b5-1 trading plan is reported for these awards. The amended Form 4 also notes that it corrects previously reported post-transaction holdings to reflect a 1-for-10 reverse stock split that became effective on May 16, 2023.
Vulcan Infrastructure & Power Inc. (VIP) director George Ted Rogers, III reports beneficial ownership of 3,017,216 shares of Class A common stock, representing 8.5% of the class, based on 35,547,753 shares outstanding as of September 10, 2026 plus specified recent awards and conversions.
Rogers participated in a July 19, 2026 subscription agreement under which Vulcan issued 7,818,706 shares of Class A stock for $13,370,000 in total; he purchased 2,923,976 shares at $1.71 per share for about $5,000,000, using personal funds. He also received equity compensation grants of 60,000 and 38,251 restricted stock units in September 2026 and converted 16,000 Class B shares into Class A on a one-for-one basis. Under the subscription agreement he holds registration rights for his purchased shares and a right of first offer to buy up to his pro rata share of certain future equity issuances for up to three years, subject to ownership and change-of-control conditions.
Vulcan Infrastructure & Power Inc. (VIP) disclosed that MIG REF II INFR, LLC, managed by Machine Investment Group, acquired a significant stake and financing package totaling $15,000,000 on September 10, 2026. MIG bought 2,923,976 Class A shares at $1.71 per share, representing 8.23% of the outstanding Class A stock.
The investment also includes a $10,000,000 senior secured convertible note initially convertible into 4,678,362 shares at $2.1375 per share and a three‑year warrant for 1,754,386 shares at $1.71, all subject to specified Regulatory Approvals and a 9.99% beneficial-ownership cap until approvals are obtained. Proceeds are to be used in part to redeem approximately $33 million of 8.50% senior notes due October 2026, and MIG receives board representation, observer, registration and right-of-first-offer rights, plus a first‑priority lien on specified mining equipment and powered land as collateral for the note.
Vulcan Infrastructure & Power Inc. (VIP) received an updated Schedule 13D/A from Atlas-affiliated funds and individuals reporting their current ownership and recent transactions in the company’s Class A common stock. The group now beneficially owns 7,109,358 Class A shares, or 20.00% of the 35,547,753 Class A shares outstanding as of September 10, 2026.
Atlas GREE Investment Holdco previously agreed to purchase 2,923,976 Class A shares for $5,000,000 in a private placement at $1.71 per share, and on September 3, 2026 assigned those subscription rights to three Atlas funds. On September 10, 2026, 2,680,031 Class B shares held by the reporting persons were voluntarily converted into an equal number of Class A shares, and the private placement closed, with Atlas Capital Resources (A9) LP acquiring 2,095,299 shares, Atlas Capital Resources (A9-Parallel) LP acquiring 752,030 shares, and Atlas Capital Resources (P) LP acquiring 76,647 shares.
On the same date, the Atlas purchasers entered into an Investor Rights Agreement with Vulcan Infrastructure & Power Inc., under which they nominated existing directors Andrew M. Bursky, Timothy J. Fazio, David Filippelli, and Jerome Lay to continue serving on the company’s board. The filing details shared voting and dispositive power across the Atlas entities and their managing partners and notes that each reporting person disclaims beneficial ownership beyond shares directly owned.