{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-010691","form_type":"8-K","ticker":"SLNH","cik":"0000064463","company_name":"Soluna Holdings, Inc","filed_at":"2025-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.074895+00:00","generated_at":"2026-05-24T14:48:55.591496+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Soluna secures $5M non-dilutive loan from Galaxy Digital at 15% interest, 5-year term","bullets":["$5M term loan from Galaxy Digital secured by Soluna SW LLC assets (Project Sophie data center).","Interest 15% per annum, matures March 12, 2030; five-year amortizing term.","Loan is non-dilutive with no equity features; limited recourse to parent company.","Proceeds to support Soluna's project development and expansion without shareholder dilution.","Prepayment allowed but subject to a premium: 50% of remaining interest if within 30 months, 25% thereafter."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-010691","json":"https://secwatch.observer/filing/0001493152-25-010691.json","markdown":"https://secwatch.observer/filing/0001493152-25-010691.md","text":"https://secwatch.observer/filing/0001493152-25-010691.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/64463/000149315225010691/0001493152-25-010691-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/64463/000149315225010691/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T14:48:55.591496+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7d84b99be8b7ba400e43a13b3ef416b274a76bbc","claim":"Soluna Holdings, Inc incurred term loan of $5 million with Galaxy Digital LLC at 15.0% per annum maturing March 12, 2030.","evidence_excerpt":"entered into a Loan Agreement (the “Loan Agreement”) with Holdings and Galaxy Digital LLC (the “Lender”). The Loan Agreement comprises a term loan facility in the principal amount of $5 million (the “Term Loan Facility”). The Term Loan Facility bears interest at 15.0% per annum","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/64463/000149315225010691/0001493152-25-010691-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$5 million"},{"label":"Counterparty","value":"Galaxy Digital LLC"},{"label":"Rate","value":"15.0% per annum"},{"label":"Maturity","value":"March 12, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}