Soluna Holdings (SLNH) Announces Registered Direct Offering

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Soluna Holdings, Inc Announces Registered Direct Offering

December 5, 2022 9:00 AM EST

ALBANY, N.Y.--(BUSINESS WIRE)-- Soluna Holdings, Inc. (SHI or the Company), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (SCI), a developer of green data centers for Bitcoin mining and other intensive computing, announced it has entered into a Securities Purchase Agreement, with an initial purchase amount of $855,000 of common stock and five-year warrants to purchase common stock, with certain existing investors of the Company, including investors who have previously funded the Companys convertible note transaction. The warrants are immediately exercisable and have an exercise price of $0.76 per share, for a potential... More