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Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

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Equity Bottom-Up

Greenidge Generation Holdings / Equity Bottom-Up

<ul><li>Greenidge announced today that it has entered into a definitive agreement to sell its 152-acre Spartanburg, SC property Data Journey for $12.1 million in cash and an 8% profit participation interest in the property’s planned data center.</li><li>Greenidge will provide support to Data Journey in the site development and buildout.</li><li>Greenidge CEO Jordan Kovler said, “Today marks an exciting step forward for Greenidge as our South Carolina property sale to Data Journey represents our first large- scale entrance into the data center space.”</li></ul>

Greenidge announced today that it has entered into a definitive agreement to sell its 152-acre Spartanburg, SC property Data Journey for $12.1 million in cash and an 8% profit participation interest in the property’s planned data center.Greenidge will provide support to Data Journey in the site development and buildout.Greenidge CEO Jordan Kovler said, “Today marks an exciting step forward for Greenidge as our South Carolina property sale to Data Journey represents our first large- scale entrance into the data center space.”

Greenidge Generation Holdings, Inc. - First Large-Scale Data Center Sale and Partnership Announced