Machine Investment Group completes PIPE investment in Vulcan Infrastructure and Power Inc.
Client(s) Machine Investment Group, LP
Jones Day represented Machine Investment Group, as institutional investor, in connection with its $15 million PIPE investment in a combination of shares of Class A Common Stock, a $10 million Convertible Secured Senior Note, and warrants of Vulcan Infrastructure and Power Inc. (f.k.a. Greenidge Generation Holdings Inc.), a developer and operator of datacenters and powered assets designed to support energy-intensive computing workloads. The sale was made to Machine Investment Group in transactions exempt from registration under the Securities Act.