Soluna Holdings Approves Stock Issuance and Plan Amendments

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Soluna Holdings, Inc. ( (SLNH) ) just unveiled an update.

At a Special Meeting, stockholders approved the issuance of additional Common Stock under a Standby Equity Purchase Agreement and amendments to a Securities Purchase Agreement, potentially exceeding 20% of the total shares, while also amending the 2021 Stock Incentive Plan to alter stock award calculations. The proposals received significant support, reflecting investor confidence in these strategic financial moves.

For detailed information about SLNH stock, go to TipRanks’ Stock Analysis page.

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