SECsense Logo

Soluna Holdings, Inc. Reports SEC Form 8-K: Key Financial Insights for Investors

$SLNH
Form 8-K
Filed on: 2025-01-08
Source
Soluna Holdings, Inc. Reports SEC Form 8-K: Key Financial Insights for Investors

Based on the provided financial report excerpt, here are the key pieces of information extracted:

  1. Entity Information:
  • Name: Soluna Holdings, Inc.
  • CIK: 0000064463
  • Address: 325 Washington Avenue Extension, Albany, NY 12205
  • Phone: (516) 216-9257
  1. Filing Details:
  • Form Type: 8-K
  • Filing Date: January 8, 2025
  • SEC Central Index Key: 001-40261
  • EIN: 14-1462255
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.001 per share
    • Ticker Symbol: SLNH (NASDAQ)
  • Preferred Stock:
    • Type: 9.0% Series A Cumulative Perpetual Preferred Stock
    • Par Value: $0.001 per share
    • Ticker Symbol: SLNHP (NASDAQ)
  1. Context and Measurement:
  • The report references specific classes of stock, including common and preferred stock, within defined contexts for the reporting period of January 8, 2025.
  • It utilizes multiple units of measure, including USD and shares.
  1. Key Metrics:
  • The par value for both common and preferred stock is $0.001, indicating a low nominal value per share, which is common for many companies.

Insights:

  • Soluna Holdings appears to be actively managing its capital structure with both common and preferred stock offerings, which may appeal to different types of investors (equity vs. income-focused).
  • The inclusion of a cumulative preferred stock suggests that the company may be prioritizing certain shareholder returns, which could be a strategic move to attract investment.
  • The filing is timely and indicates that Soluna is maintaining compliance with SEC reporting requirements, which is crucial for investor confidence and market perception.

This information can be useful for investors analyzing Soluna Holdings' financial health, capital structure, and investment potential.