Seeking Alpha 2021-12-01 22:54:23

Greenidge Generation's existing Title V permit is not suspended

Greenidge Generation's (NASDAQ:GREE) existing permit has not been suspended or changed in any way, the company says with regards to the pending application of its subsidiary to renew its permit in New York. Shares of GREE slide 1.6% in after-hours trading. "Our existing Title V permit remains fully in effect and our operation in Dresden continues without interruption." Keep in mind that any reference in the New York State Department of Environmental Conservation database to the company's application status being "suspended" is a designation on the NYSDEC website, meaning the public comment period isn't over yet. In mid-November, Greenidge Generation named a new finance chief.

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