Cases & Deals

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.