other material
confidence high
sentiment neutral
materiality 0.60
Soluna closes $32M registered direct offering of 18.1M shares at $1.77
Soluna Holdings, Inc
- Gross proceeds of ~$32M from sale of 18,079,144 shares (or pre-funded warrants) at $1.77 per share.
- Series C warrants exercisable at $1.65, immediately exercisable, expire in 5 years.
- H.C. Wainwright acted as exclusive placement agent.
- Net proceeds to be used for working capital, project-level equity, and general corporate purposes.
- Offering made under effective S-3 registration statement filed with SEC.