Soluna holdings, inc. announces closing of $1.29 million public offering of series a preferred stock from exercise of over-allotment option

Albany, ny, may 24, 2022 (globe newswire) -- via newmediawire – soluna holdings, inc. (“shi” or the “company”) (nasdaq: slnh), the parent company of soluna computing, inc. ("sci"), a developer of green data centers for cryptocurrency mining and other intensive computing, today announced that it closed an over-allotment offering for the issuance and sale of an additional 73,518 shares (the “option shares”) of its 9.0% series a cumulative perpetual preferred stock, par value $0.001 per share (“series a preferred stock”), to the underwriters for its previously announced public offering of series a preferred stock that closed on april 29, 2022.
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