Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 1718

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 1718
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 our disclosure controls and procedures were effective at the reasonable assurance level.

61

(b)
Management’s Report on Internal Control Over Financial Reporting

Management
of our Company is responsible for establishing and maintaining adequate internal control over financial reporting, as that term is defined
in Exchange Act Rules 13a-15(f) and 15d-15(f). Our internal control over financial reporting is a process designed to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance
with generally accepted accounting principles.

Because
of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of
any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions,
or that the degree of compliance with the policies or procedures may deteriorate.

Under
the supervision and with the participation of our management, including the principal executive officer and principal financial officer,
we conducted an evaluation of the effectiveness of our internal control over financial reporting using the criteria set forth in Internal
Control-Integrated Framework (2013 version) issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based
on our evaluation using the criteria set forth in Internal Control-Integrated Framework, Management has concluded that our internal
control over financial reporting was effective as of December 31, 2024.

This
annual report does not include an attestation report of our registered public accounting firm regarding internal control over financial
reporting. Our report was not subject to attestation by our independent registered public accounting firm pursuant to rules of the SEC
that permit us to provide only Management’s Report in this annual report.

(c)
Changes in Internal Control over Financial Reporting

There
have been no changes in our internal control over financial reporting, as such term is defined in Rules 13a-15(f) and 15d-15(f) under
the Exchange Act, during our fiscal quarter ended December 31, 2024, that have materially affected, or are reasonable likely to materially
affect, our internal control over financial reporting.

Item
9B: Other Information

None
of the Company’s directors and officers adopted, modified, or terminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1
trading arrangement during the Company’s fiscal quarter ended December 31, 2024 (each as defined in Item 408 of Regulation S-K
under the Exchange Act).

Item