Soluna completes $32 million rights issue, pricing in accordance with Nasdaq rules.
Soluna Holdings, a Nasdaq-listed company developing green data centers for intensive computing applications such as Bitcoin mining and artificial intelligence, announced that it has completed a $32 million fundraising by issuing 18,079,144 common shares and corresponding Series C warrants at a price of $1.77 per share in accordance with Nasdaq pricing rules. The new funds will be used for operations, project equity investments, and general corporate purposes, including supporting high-performance computing application businesses such as Bitcoin mining and generative artificial intelligence.
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