---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-042538"
form_type: "8-K"
ticker: "SLNH"
cik: "0000064463"
company_name: "Soluna Holdings, Inc"
filed_at: "2023-11-22T23:59:59+00:00"
generated_at: "2026-06-07T22:25:16.977310+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Soluna Holdings Amends Convertible Notes and Warrants to Facilitate Early Payoff

## Summary
- Agreed to reduce conversion price of $4.7M in notes to $3.78 per share and 150,000 warrants' exercise price to $0.01.
- Gained right to force conversion of up to $1.5M of notes if share price exceeds $4.25 and volume reaches 50,000 shares for 5 days.
- Prepayment penalty reduced from 20% to 10% for prepayments between February 15 and July 24, 2024.
- Escrow agreement amended to allow withdrawal of up to $500,000 through December 31, 2023, with remaining funds to pay notes at maturity.
- CEO stated amendment is a step toward less-dilutive financing to support growth and project pipeline.

## SEC filing metadata
- accession: 0001493152-23-042538
- form_type: 8-K
- ticker: SLNH
- cik: 0000064463
- company_name: Soluna Holdings, Inc
- filed_at: 2023-11-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64463/000149315223042538/0001493152-23-042538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64463/000149315223042538/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-042538
- JSON: https://secwatch.observer/filing/0001493152-23-042538.json
- Plain text: https://secwatch.observer/filing/0001493152-23-042538.txt

## Key facts
- Material Agreements
  Soluna Holdings, Inc amended Third Amendment Agreement with certain accredited investors (the "Noteholders") (effective 2023-11-20).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: certain accredited investors (the "Noteholders")
  - Effective: 2023-11-20
  source text: On November 20, 2023 the Company and the Noteholders entered into a Third Amendment Agreement to amend the Notes, the October SPA and related agreements
  evidence_url: https://www.sec.gov/Archives/edgar/data/64463/000149315223042538/0001493152-23-042538-index.htm

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