Greenidge Generation Holdings (GREE) has released an update.
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Greenidge Generation Holdings Inc. secured a significant investment from Armistice Capital Master Fund Ltd., selling over 450,000 shares and a warrant for more than 810,000 additional shares at $4.76 each, alongside another warrant for the future purchase of over 1.2 million shares at $5.25 each. This strategic financial move raised Greenidge nearly $6 million in gross proceeds, bolstering their capital and demonstrating investor confidence in their market position.
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