Soluna Holdings, Inc. 8-K Report: Key Financial Insights for Investors

$SLNH
Form 8-K
Filed on: 2025-02-25
Source
Soluna Holdings, Inc. 8-K Report: Key Financial Insights for Investors

Based on the provided XML section of the financial report, here are the key insights extracted:

  1. Entity Information:
  • Company: Soluna Holdings, Inc.
  • CIK (Central Index Key): 0000064463
  • SEC Filing Type: 8-K
  • Filing Date: February 25, 2025
  • Location: 325 Washington Avenue Extension, Albany, NY 12205
  • Contact: (516) 216-9257
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.001 per share
    • Ticker Symbol: SLNH (listed on NASDAQ)
  • Preferred Stock:
    • Series: 9.0% Series A Cumulative Perpetual Preferred Stock
    • Par Value: $0.001 per share
    • Ticker Symbol: SLNHP (listed on NASDAQ)
  1. Filing Context:
  • The report represents financial data as of February 25, 2025, indicating a snapshot of the company’s financial position on this date.
  1. Shares Information:
  • The report includes references to both common and preferred stock, suggesting that the company is likely detailing its equity structure, which may impact its capital raising and investor interest.
  1. Units of Measure:
  • The financial metrics are reported in USD (United States Dollars) and in shares, indicating a focus on the valuation and quantity of the company’s stocks.
  1. Potential Insights:
  • The presence of cumulative perpetual preferred stock at a 9.0% dividend rate suggests a commitment to providing returns to preferred shareholders, which could attract a specific investor demographic.
  • The use of a par value of $0.001 for both common and preferred shares indicates a low nominal value, which may suggest a strategy to issue a larger number of shares for capital raising purposes.

This financial report appears to be providing critical information regarding the equity structure of Soluna Holdings, Inc., which would be of interest to investors and analysts tracking the company's financial health and stock market performance.