Soluna Holdings Converts Notes, Updates Outstanding Shares

Soluna Holdings, Inc. (SLNH) has released an update.

Soluna Holdings, Inc. had $12.2 million in convertible notes as of September 30, 2023, issued to accredited and institutional investors. Since then, $4.1 million of these notes have been converted into 1,029,769 shares of common stock, leaving $8.1 million in outstanding principal. The company now has 2,662,710 shares of common stock issued and outstanding. This information is not considered “filed” under the Securities Exchange Act of 1934 nor is it subject to its liabilities, and it’s not incorporated by reference in any filing unless explicitly stated.

For further insights into SLNH stock, check out TipRanks’ Stock Analysis page.