Soluna inks agreement with noteholders to bolster balance sheet ahead of halving

Mar. 01, 2024 8:40 AM ETSoluna Holdings, Inc. (SLNH) StockBy: Jaskiran Singh, SA News Editor1 Comment
  • Soluna Holdings (NASDAQ:SLNH) Friday announced that it signed a fourth amendment with the convertible note holders to reprice certain warrants that would allow the company to raise to $3M.
  • In addition, the company would be allowed to file an at-the-market offering (ATM) with an initial floor price of $10 per share.
  • The bitcoin halving event, which is scheduled to happen in April 2024, reduces the rewards for miners to ensure bitcoin's supply scarcity.
  • SLNH +2.44% premarket to $3.35
  • Source: Press Release

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