MTI Announces Pricing of Upsized $18 Million Preferred Stock Offering
MTI announced the pricing of its upsized underwritten public offering of 720,000 shares of its 9.0% Series A Cumulative Perpetual Preferred Stock.
November 15, 2024
$18.8 Million Increase in Year-to-Date Revenue Year-Over-Year and Record Revenue Year-to-Date of $29.7 Million ALBANY, NY, November 15, 2024 – Soluna… Read more »
Investor Relations
Soluna Holdings, Inc.Media Contact
Soluna Holdings, Inc.MTI announced the pricing of its upsized underwritten public offering of 720,000 shares of its 9.0% Series A Cumulative Perpetual Preferred Stock.
Upon the closing of the transaction, MTI will gain access to all SCI assets, including its 300MW (megawatt) pipeline.
EcoChain ramp continues with expected August hashrate up 269% and MTI Instruments reports solid quarter and strong pipeline activity.
EcoChain highlights 2nd quarter financial performance from cryptocurrency mining operations clearly showcasing the strength of its business model.
EcoChain, Inc. presents site-level financials for May 2021 as it continues to scale up operations in the first of regular monthly updates.
MTI conducts annual meeting of shareholders.
Michael Toporek, CEO of MTI stated, “The traction in our business model continues, and we are very pleased with our results. “
EcoChain, Inc. Presents an Illustration and Application of its Business Model as Capacity Ramps.
Mechanical Technology Inc. reports plan to speak at the Q2 Investor Summit
Today announced two new lease agreements located in the Southeast US, adding immediate mining capacity.
The combined offering price to the public of each share of common stock and accompanying warrant is $6.20. The warrant will have an initial exercise price of $8.24 per share, will be immediately exercisable and will have a term of five years from the date of issuance.
MTI Instruments is excited to report the availability and capabilities of its Gen 4 PBS 4100+ Portable Balancing System for Turbine Engines.