Company: SLNH
Filing Date: 2025-07-21
Form Type: DEF 14A
Source: 0001641172-25-020351
Chunk: 1

Company: Soluna Holdings, Inc
Filing Date: 2025-07-21
Form: DEF 14A
Chunk 1
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| ☐ | Fee                                                                                               
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| ☐ | Fee                                                                                               
 computed on table in exhibit required by Item 25(B) per Exchange Act Rules 14(a)-6(i)(1) and 0-11 |

<div align='center'>SOLUNA HOLDINGS, INC.

325 WASHINGTON AVENUE EXTENSION

ALBANY, NEW YORK 12205

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS

To be held on August 18, 2025</div>

To the Stockholders of Soluna Holdings, Inc.

You are cordially invited to attend the Annual Meeting of Stockholders (the “Annual Meeting”) of Soluna Holdings, Inc. (the “Company”) to be held on August 18, 2025, at 10:00 a.m., Eastern Time. The Annual Meeting will be held virtually at the following virtual meeting link www.virtualshareholdermeeting.com/SLNH2025. You will be able to participate in the Annual Meeting as well as vote and submit your questions and examine our stockholder list during the live webcast of the Annual Meeting by visiting www.virtualshareholdermeeting.com/SLNH2025 and entering the 16-digit control number included on your proxy card (the “Proxy Card”). At the Annual Meeting, stockholders will be asked to consider and act upon the following matters:

| ● | To                                                                                        
 elect two director nominees to serve as Class II directors of the Board of Directors (the 
 “Board”) for three-year terms expiring at the annual meeting of stockholders              
 in 2028 (the “Director Proposal”);                                                        |

| ● | To                                                                                                           
 approve one or more reverse stock splits of the then-outstanding shares of our common stock,                 
 par value $0.001 per share (the “common stock”), with no change to the number                                
 of authorized shares of common stock of the Company, having an aggregate ratio of not less than one-for-five 
 (1:5) and not greater than one-for-fifty (1:50) (each, a “Reverse Stock Split”                               
 and, collectively, the “Reverse Stock Splits”), with the exact number, timing, and ratio                     
 within such aggregate range each to be determined by our