secwatch / observer
8-K filed December 5, 2022, 6:59 PM ET ticker SLNH CIK 0000064463
other material confidence high sentiment neutral materiality 0.65

Soluna raises $855k in registered direct offering; note conversion price cut to $0.76

Soluna Holdings, Inc

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Soluna Holdings, Inc entered into Placement Agency Agreement with Univest Securities, LLC (effective 2022-12-02).

Action
entry
Counterparty
Univest Securities, LLC
Effective
2022-12-02
Exact text from the filing
On December 2, 2022, the Company entered into a placement agency agreement (the “ Placement Agency Agreement ”) with Univest Securities, LLC (“ Univest ”), pursuant to which Univest agreed to serve as the exclusive placement agent for the Company on a reasonable best-efforts basis in connection with the Offering.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Soluna Holdings, Inc entered into Purchase Agreement with certain investors named therein valued at aggregate gross proceeds of $855,000 (effective 2022-12-05).

Action
entry
Agreement
equity purchase
Counterparty
certain investors named therein
Value
aggregate gross proceeds of $855,000
Effective
2022-12-05
Exact text from the filing
On December 5, 2022, Soluna Holdings, Inc., a Nevada corporation (the “ Company ”), entered into a securities purchase agreement (the “ Purchase Agreement ”) with certain investors named therein of 1,125,000 shares (the “ Shares ”) of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”) and associated warrants (the “ Warrants ”) to purchase up to 2,250,000 shares of Common Stock at an exercise price of $0.76 per share, for a combined purchase price of $0.76 per Share and associated Warrants, for an aggregate gross proceeds of $855,000 (the “ Offering ”).
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11 material agreements filed in the last 30 days. Browse all material agreements →

Soluna Holdings, Inc filing history →

Source: SEC EDGAR
accession 0001493152-22-034422
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