debt
confidence high
sentiment neutral
materiality 0.50
Soluna extends convertible note maturity by 30 days to May 25, 2023
Soluna Holdings, Inc
- Aggregate principal of $16.3M in secured convertible notes extended from April 25 to May 25, 2023.
- Company negotiating a longer-term extension; terms of further extension not yet available.
- Notes originally issued October 25, 2021 for $15M purchase price.
- Extension agreement signed April 24, 2023 with institutional note holders.