Brief: Soluna Holdings Announces Proposed Public Offering Of Series A Preferred Stock And Concurrent Registered Direct Offering

Soluna Holdings

22/04/2022 01:41

April 21 (Reuters) - Soluna Holdings Inc  SLNH.O :
    * SOLUNA HOLDINGS, INC. ANNOUNCES PROPOSED PUBLIC OFFERING
OF
SERIES A PREFERRED STOCK AND CONCURRENT REGISTERED DIRECT
OFFERING
    * SOLUNA HOLDINGS- TO OFFER SHARES OF 9% SERIES A CUMULATIVE
PREFERRED STOCK, PAR VALUE $0.001 PER SHARE, WITH A $25.00
LIQUIDATION PREFERENCE PER SHARE
    * SOLUNA HOLDINGS INC - INTENDS TO USE NET PROCEEDS FROM
BOTH
OFFERINGS FOR ACQUISITION, DEVELOPMENT AND GROWTH OF DATA
CENTERS

Source text for Eikon:  ID:nGNX1PV2Px 
Further company coverage:  SLNH.O 

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