Soluna (SLNH) filed a registration statement late Monday with the US Securities and Exchange Commission for the potential sale of up to $1 billion of securities from time to time.
The filing covers common and preferred stock, warrants, debt securities, subscription rights, and units.
As part of the registration, Soluna also filed a sales agreement prospectus for up to $500 million of its common stock to be sold through an at-the-market program with H.C. Wainwright as sales agent. The $500 million is included within the $1 billion shelf.
Soluna intends to use the net proceeds from the offering for working capital and general corporate purposes.
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