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Soluna Reaches Final Agreement According to NASDAQ Rules, Plans to Raise $32 Million through Stock Offering
Summary: According to Businesswire, Soluna Holdings, a NASDAQ-listed company developing green data centers for intensive computing applications like Bitcoin mining and artificial intelligence, has announced a final agreement to issue 18,079,144 common shares and corresponding C series warrants at a price of $1.77 per share, raising approximately $32 million in funds in accordance with NASDAQ rules. ...
According to Businesswire, Soluna Holdings, a NASDAQ-listed company developing green data centers for intensive computing applications like Bitcoin mining and artificial intelligence, has announced a final agreement to issue 18,079,144 common shares and corresponding C series warrants at a price of $1.77 per share, raising approximately $32 million in funds in accordance with NASDAQ rules.
The new funds will be used for operations, project equity investments, and general corporate purposes, including supporting businesses in high-performance computing applications like Bitcoin mining and generative artificial intelligence.
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Link: Soluna Reaches Final Agreement According to NASDAQ Rules, Plans to Raise $32 Million through Stock Offering [Copy]
