Company: SLNH
Filing Date: 2025-05-22
Form Type: S-1
Source: 0001641172-25-012098
Chunk: 19

Company: Soluna Holdings, Inc
Filing Date: 2025-05-22
Form: S-1
Chunk 19
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 limited to:

| ● | being permitted to present only two years of audited financial statements and only two years of related “Management’s Discussion and Analysis of Financial Condition and Results of Operations” disclosure in our periodic reports and registration statements, including this prospectus, and reduced disclosure about our executive compensation arrangements; |

| ● | not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, as amended, on the effectiveness of our internal controls over financial reporting; and |

| ● | reduced disclosure obligations regarding executive compensation arrangements in our periodic reports, proxy statements and registration statements, including this prospectus. |

We will continue to be
a smaller reporting company as long as we have a public float (determined as of the end of our second fiscal quarter) of less than $250
million or have annual revenues of less than $100 million as of the last fiscal year for which we have audited financial statements and
a public float of less than $700 million.

We have elected to take
advantage of certain of the reduced disclosure obligations in the registration statement of which this prospectus is a part and may elect
to take advantage of other reduced reporting requirements in future filings. As a result, the information that we provide to our stockholders
may be different than you might receive from other public reporting companies in which you hold equity interests.

Corporate Information

Soluna Holdings, Inc.
(“SHI”), formerly known as Mechanical Technology, Incorporated, which was originally incorporated in the State of New York
in 1961, reincorporated in the State of Nevada on March 29, 2021, and is headquartered in Albany, New York. Effective November 2, 2021,
the Company changed its name from “Mechanical Technology, Incorporated” (or “MTI”) to “Soluna Holdings,
Inc.” On October 29, 2021, Soluna Callisto Holdings, Inc. merged into Soluna Computing, Inc. (“SCI”), a private green
data center development company and a subsidiary of SHI. MTI Instruments, Inc., a subsidiary of SHI, was sold on April 11, 2022. On March
23, 2021, our common stock commenced trading on the Nasdaq. We formed a wholly owned subsidiary of SHI on December 27, 2023, SDI. Effective
December 31, 2023, SCI transferred substantially all of its assets to SHI or its subsidiaries