Soluna Holdings, INC 8-K filings

Soluna Holdings announced a 30% increase in third-quarter revenue and a record year-to-date revenue of $29.7 million, driven by growth in its digital infrastructure business.

Soluna Holdings released its October business update, detailing progress on data center projects, AI initiatives, and key financial milestones.

Soluna Holdings released its September operational updates, highlighting progress on various projects and new initiatives in renewable energy-powered data centers.

Soluna Holdings has reached agreements with convertible noteholders and Series B preferred stock holders, paving the way for a $25 million capital raise and strategic growth.

Soluna Holdings and YA II PN, LTD. have mutually agreed to halt pre-paid advances under their Standby Equity Purchase Agreement, opting to proceed with the agreement under different terms.

Soluna Holdings has secured term sheets for power and land for a new 187 MW data center project, named 'Project Rosa', co-located with a 240 MW wind farm in Texas.

Soluna Holdings announced robust Q2 2024 results with significant revenue growth and provided updates on various project developments, including the groundbreaking of Project Dorothy 2.

Soluna Holdings has entered into a $25 million Standby Equity Purchase Agreement with Yorkville Advisors Global to fund AI operations, data center development, and retire existing convertible notes.

Soluna Holdings has announced the groundbreaking of Project Dorothy 2 in Texas, doubling the size of its flagship data center and furthering its commitment to renewable energy-powered computing.

Soluna Holdings announced a 362% year-over-year revenue increase to $9.7 million and positive adjusted EBITDA of $1.8 million for the second quarter of 2024.

Soluna Holdings announced a $30 million funding round for its Project Dorothy 2 data center expansion, along with advancements in its AI capabilities and project site operations.

Soluna Holdings has closed a $30 million financing round led by Spring Lane Capital to expand its Project Dorothy data center by 48 MW, focusing on Bitcoin mining and AI applications.

Soluna Cloud has increased its funding by $1.25 million, bringing the total raised for its AI business to $13.75 million.

Soluna Holdings has secured a generative AI agreement, a $12.5M credit facility, and reduced its convertible loan note balance, while also providing updates on its various project sites.

Soluna Holdings has secured a $12.5 million credit facility to launch its AI cloud services, leveraging NVIDIA GPUs and a renewable energy-powered data center.

Soluna Holdings has entered into a 36-month agreement with Hewlett Packard Enterprise for datacenter and cloud services, valued at $34 million, to support AI and supercomputing.

Soluna Holdings reported strong first quarter 2024 results, secured financing for Project Dorothy 2, and provided updates on its various project sites.

Soluna Holdings' stockholders elected four directors and approved amendments to stock incentive plans and note conversion terms at their annual meeting on May 30, 2024.

Soluna Holdings has signed a definitive Power Purchase Agreement with EDF Renewables and Masdar for Project Kati, a 166 MW renewable energy powered data center in Texas.

Soluna Holdings offered a temporary reduction in the exercise price of its Amended Class C Warrants to raise capital for the purchase of long lead-time equipment for its Dorothy 2 project.

Soluna Holdings has adopted new forms of restricted stock award agreements under its 2021 and 2023 stock incentive plans, allowing for grants of common and preferred stock.

Soluna Holdings provided updates on its operations, debt management, and strategic plans in an 'Ask Me Anything' session, addressing investor concerns and clarifying revenue models.

Soluna Holdings achieved record revenue and gross profit in the fourth quarter of 2023, driven by the ramp-up of its Project Dorothy data center and a diversified business model.

Soluna Holdings has appointed John Tunison as its new Chief Financial Officer, effective April 8, 2024, replacing David Michaels who will remain on the Board of Directors.

Soluna Holdings has amended its convertible note agreements, potentially raising $3 million through warrant repricing and enabling future at-the-market equity offerings.

Soluna Holdings has reduced its outstanding convertible notes by $4.1 million through the conversion of debt into common stock.