Soluna holdings, inc. announces closing of $1.17 million public offering of series a preferred stock from full exercise of over-allotment option

Albany, n.y., jan. 05, 2022 (globe newswire) -- via newmediawire -- soluna holdings, inc. (“shi” or the “company”), (nasdaq: slnh), the parent company of soluna computing, inc. ("sci"), a cryptocurrency mining business powered by renewable energy, and mti instruments, inc. ("mti instruments"), a test and measurement instruments and systems business, today announced that it closed an over-allotment offering for the issuance and sale of an additional 66,857 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.
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