Soluna Settles Remaining Convertible Debt; Shares Fall

MT Newswires Live

2024/12/14

Soluna Holdings (SLNH) said Friday it fully converted and paid off its remaining roughly $772,000 in convertible notes following a repricing.

The debt settlement will allow Soluna to allocate more capital resources to data center projects and pipeline expansion, the company said.

Soluna shares were down 5.1% in recent trading.

Price: 2.80, Change: -0.15, Percent Change: -5.08

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