Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 3844

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 15
Chunk 3844
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 due to CloudCo’s material breach of its payment
obligations that remained uncured for more than thirty (30) days. In accordance with the terms of the HPE Agreement, upon a
termination for cause by HPE, CloudCo must pay HPE the remaining payment stream under the term of the HPE Agreement of approximately
$19.3
million as of March 31, 2025 (approximately $20.0 million as of December 31, 2024), including all upfront payments and monthly
charges, plus any fees incurred for the terminated Services (as defined in the HPE Agreement).

 F-46