Greenidge Generation Holdings Inc

From time to time, we may become involved in various lawsuits and legal proceedings that arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in such matters may arise and harm our business. We are currently not aware of any such legal proceedings or claims that we believe will have a material adverse effect on our business, financial condition or operating results, other than as described below. For information on legal proceedings, refer to Note 10, "Commitments and Contingencies—Legal Matters," in our unaudited condensed consolidated financial statements included elsewhere in this report.

Title V Air Permit Renewal Litigation

As previously disclosed, on August 20, 2024, Greenidge Generation LLC, our wholly owned subsidiary, submitted a motion to the Court by Order to Show Cause seeking a TRO Request permitting the New York Facility to continue operations during the pendency of the Article 78 proceeding, which seeks declaratory and injunctive relief relating to the Department's Denial.

Subsequent to the submission of the TRO Request, on August 23, 2024, we and the Department agreed to a briefing schedule with respect to the TRO Request, with a hearing before the Court which occurred on October 29, 2024. In connection with the agreed-upon briefing schedule, the Department agreed that we do not need to (i) cease operations of any air contamination sources located at the New York Facility, (ii) render such air contamination sources inoperable, or (iii) relinquish the Title V Air Permit until November 1, 2024, which was subsequently extended through November 14, 2024 by stipulation on the record at the October 29, 2024 hearing. We expect that the Court will render a decision on the TRO Request or, alternatively, our Article 78 challenge of the Department's Denial in total, prior to the expiration of the November 14 Stay.