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Soluna Holdings, Inc. 8-K Report: Stock Insights and Financial Updates

$SLNH
Form 8-K
Filed on: 2025-01-16
Source
Soluna Holdings, Inc. 8-K Report: Stock Insights and Financial Updates

Based on the provided financial report section, here are the extracted key details and insights:

  1. Entity Information:
  • Company Name: Soluna Holdings, Inc.
  • CIK (Central Index Key): 0000064463
  • Trading Symbols:
    • Common Stock: SLNH (NASDAQ)
    • 9.0% Series A Cumulative Perpetual Preferred Stock: SLNHP (NASDAQ)
  1. Report Type and Date:
  • Filing Type: 8-K
  • Filing Date: January 16, 2025
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.001 per share
  • Preferred Stock:
    • 9.0% Series A Cumulative Perpetual Preferred Stock
    • Par Value: $0.001 per share
  1. Context and Period:
  • The report reflects information as of January 16, 2025.
  • It includes segments for both common stock and preferred stock, indicating a detailed categorization of equity types.
  1. Financial Measures:
  • The document references measurements in:
    • USD (United States Dollars)
    • Shares
  1. Geographical Information:
  • Address: 325 Washington Avenue Extension, Albany, NY 12205
  • Contact Number: (516) 216-9257

Insights:

  • The filing indicates that Soluna Holdings, Inc. is actively involved in issuing both common and preferred stock, which may suggest a strategy to attract different types of investors.
  • The presence of a cumulative perpetual preferred stock with a fixed dividend yield of 9.0% may appeal to income-seeking investors looking for steady returns.
  • The report being an 8-K suggests that this filing is likely reporting significant events or changes that may impact investors and stakeholders, which can be critical for those analyzing the company's current position and future outlook.
  • The company is publicly traded, which requires adherence to SEC regulations and disclosures, indicating a level of scrutiny and transparency in its financial dealings.

This summary encapsulates the essential information and potential implications for stakeholders reviewing the financial health and strategic direction of Soluna Holdings, Inc.