Greenidge seeks to raise up to $22.8 million in stock offer

Quick Take

  • Crypto miner Greenidge Generation seeks to raise up to $22.8 million in a stock offer.
  • The company has entered into a sales agreement with B. Riley, a Securities and Exchange Commission (SEC) filing shows.

Crypto miner Greenidge Generation is seeking to raise up to $22.8 million in an at-the-market offering, a U.S. Securities and Exchange Commission (SEC) filing dated Oct. 3 shows.

Greenidge has signed a sales agreement with investment bank B. Riley Securities for the Class A common stock offer. B. Riley will get up to 5% of the gross proceeds from the offer.

 

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.