Soluna Holdings Enters Material Definitive Agreement

Ticker: SLNHP · Form: 8-K · Filed: Jul 24, 2024 · CIK: 64463

Soluna Holdings, Inc 8-K Filing Summary
FieldDetail
CompanySoluna Holdings, Inc (SLNHP)
Form Type8-K
Filed DateJul 24, 2024
Risk Levelmedium
Pages3
Reading Time4 min
Key Dollar Amounts$0.001, $29,979,940, $4,599,968, $1,000,000, $720,000
Sentimentneutral

Sentiment: neutral

Topics: material-agreement, disclosure

Related Tickers: SLNH

TL;DR

Soluna Holdings just signed a big deal, details TBD.

AI Summary

Soluna Holdings, Inc. announced on July 24, 2024, that it entered into a material definitive agreement. The filing does not provide specific details on the agreement, dollar amounts, or parties involved, but it indicates a significant event for the company.

Why It Matters

This filing signals a potentially significant development for Soluna Holdings, Inc., which could impact its future operations and financial standing.

Risk Assessment

Risk Level: medium — The lack of specific details in the filing regarding the material definitive agreement introduces uncertainty about its nature and potential impact.

Key Players & Entities

  • Soluna Holdings, Inc. (company) — Registrant
  • July 24, 2024 (date) — Date of Report
  • July 22, 2024 (date) — Earliest Event Reported

FAQ

What is the nature of the material definitive agreement entered into by Soluna Holdings, Inc.?

The filing does not specify the nature of the material definitive agreement.

Who are the parties involved in this material definitive agreement?

The filing does not disclose the names of the parties involved in the agreement.

What is the effective date of this material definitive agreement?

The earliest event reported related to this agreement was on July 22, 2024.

Are there any financial implications or dollar amounts associated with this agreement mentioned in the filing?

No specific dollar amounts or financial implications are detailed in this filing regarding the agreement.

What is the purpose of this filing as a Form 8-K?

This Form 8-K is filed to report the entry into a material definitive agreement, as well as Regulation FD Disclosure and Financial Statements and Exhibits.

Filing Stats: 987 words · 4 min read · ~3 pages · Grade level 12.9 · Accepted 2024-07-24 16:43:48

Key Financial Figures

  • $0.001 — ch registered Common stock, par value $0.001 per share SLNH The Nasdaq Stock Mar
  • $29,979,940 — ll make a capital contribution up to US $29,979,940, and the Company (the parent company of
  • $4,599,968 — ll make a capital contribution up to US $4,599,968, and as of the Effective Date became co
  • $1,000,000 — May 16, 2024 the Company closed on a US $1,000,000 financing of equipment and machinery to
  • $720,000 — date, the Investor lent the Borrower US $720,000 ("Borrowing Amount") to purchase medium
  • $2,160,000 — value of the Borrowing Amount (i.e., US $2,160,000). The foregoing descriptions of the t

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99 Press Release announcing theclosing of the financing for the Dorothy 2 project 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Soluna Holdings, Inc. By: /s/ John Tunison Name: John Tunison Title: CFO Date: July 24, 2024

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