---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-034422"
form_type: "8-K"
ticker: "SLNH"
cik: "0000064463"
company_name: "Soluna Holdings, Inc"
filed_at: "2022-12-05T23:59:59+00:00"
generated_at: "2026-06-21T09:52:43.111968+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Gross proceeds of $855k from 1,125,000 shares and warrants to purchase up to 2,250,000 shares at $0.76.
- Net proceeds ~$730k for data center development, including 50MW Dorothy facility in Texas.
- Conversion price of outstanding ~$13M convertible notes reduced to $0.76, subject to stockholder approval.
- Exercise price of certain existing warrants (strikes $3.50–$9.50) reduced to $0.76, subject to stockholder approval.
- Investors granted options to buy up to $1.71M additional shares/warrants at prices as low as $0.50 per unit.

## SEC filing metadata
- accession: 0001493152-22-034422
- form_type: 8-K
- ticker: SLNH
- cik: 0000064463
- company_name: Soluna Holdings, Inc
- filed_at: 2022-12-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64463/000149315222034422/0001493152-22-034422-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64463/000149315222034422/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-034422
- JSON: https://secwatch.observer/filing/0001493152-22-034422.json
- Plain text: https://secwatch.observer/filing/0001493152-22-034422.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/64463/000149315222034422/0001493152-22-034422-index.htm
- Material Agreements
  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
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/64463/000149315222034422/0001493152-22-034422-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.