secwatch / observer
8-K filed December 5, 2022, 6:59 PM ET ticker SLNH CIK 0000064463
other material confidence high sentiment neutral materiality 0.50

Soluna Holdings enters securities purchase agreement for 1.125M shares and warrants at $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 0.95

Soluna Holdings, Inc entered into Securities Purchase Agreement with the purchasers named therein valued at 1,125,000 shares of common stock and associated warrants to purchase up to 2,250,000 shares of commo (effective 2022-12-05).

Action
entry
Agreement
equity purchase
Counterparty
the purchasers named therein
Value
1,125,000 shares of common stock and associated warrants to purchase up to 2,250,000 shares of commo
Effective
2022-12-05
Exact text from the filing
As previously reported, on December 5, 2022, Soluna Holdings, Inc., a Nevada corporation (the “ Company ”), entered into a securities purchase agreement (the “ Purchase Agreement ”) with the purchasers 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 a price of $0.76 per share and associated Warrants (the “ Offering ”), with the investors in the Offering the right to purchase (the “ Options ”) additional shares of Common Stock (the “ Option Shares ”) and related warrants (the “ Option Warrants ”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Soluna Holdings, Inc entered into Placement Agency Agreement with Univest Securities, LLC valued at fee in shares of Common Stock equal to 7% of the Shares, 431,014 restricted shares of Common Stock, (effective 2022-12-02).

Action
entry
Agreement
underwriting
Counterparty
Univest Securities, LLC
Value
fee in shares of Common Stock equal to 7% of the Shares, 431,014 restricted shares of Common Stock,
Effective
2022-12-02
Exact text from the filing
As previously reported, 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.
View on SEC.gov

11 material agreements filed in the last 30 days. Browse all material agreements →

Soluna Holdings, Inc filing history →

Source: SEC EDGAR
accession 0001493152-22-034487
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