Soluna Holdings, Inc. announced that stockholders approved an amendment to its Articles of Incorporation to increase the number of authorized shares of common stock from 375 million to 1 billion. The proposal was approved at the Annual Meeting of Stockholders on October 16, 2026, and became effective the same day.
Key Details
- New Share Authorization: The number of authorized shares of common stock, par value $0.001, increased from 375,000,000 to 1,000,000,000.
- Effective Date: The amendment was filed and became effective on October 16, 2026.
- Related Matter: Stockholders also approved the "Exchange Cap Proposal," allowing for the potential issuance of 20% or more of outstanding stock pursuant to a Standby Equity Purchase Agreement dated March 24, 2026.