Company: SLNH
Filing Date: 2025-10-27
Form Type: S-1
Source: 0001493152-25-019770
Chunk: 22

Company: Soluna Holdings, Inc
Filing Date: 2025-10-27
Form: S-1
Chunk 22
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 provisions and terms that may delay, defer, or prevent a tender offer or change in control of the Company that a stockholder might consider to be in his, her, or its best interests, including attempts that might result in a premium being paid over the market price for shares of our common stock. The Company expects that such provisions and terms may have the effect of discouraging extraordinary corporate transactions with respect to the Company, such as hostile takeover bids, and will instead encourage any potential acquiror of the Company to first correspond with our Board. These provisions and terms include:

| ● | Special meetings of stockholders                                                                                                    
 may only be called by the by the chairman of the board or the chief executive officer, or, if there be no chairman of the board and 
 no chief executive officer, by the president, and shall be called by the secretary upon the written request of at least a majority  
 of the Board or the holders of not less than a majority of the voting power of the Company’s stock entitled to vote.                |
| ● | The Company maintains a                                                                                                             
 classified Board that is divided into three classes serving for respective three-year terms. As a result, it would take at least    
 two successive annual meetings of shareholders to replace a majority of the members of our Board.                                   |
| ● | Vacancies on the Board                                                                                                              
 may be filled by majority vote of remaining directors then in office, even if less than a quorum, with the individual elected to    
 serve for the remainder of the unexpired term.                                                                                      |
| ● | Any director of the Company                                                                                                         
 may be removed from service as a director only after the affirmative vote of 75% or more of outstanding shares of stock entitled    
 to vote for the election of directors, at a meeting called for that purpose.                                                        |

| 13 |

Nevada’s “combinations with interested stockholders” statutes, NRS 78.411 through 78.444, inclusive, prohibit specified types of business “combinations” between certain Nevada corporations and any person deemed to be an “interested stockholder” for two years after such person first becomes an “interested stockholder” unless the corporation’s board of directors approves the combination (or the transaction by which such person becomes an “interested stockholder”) in advance, or unless the combination is approved by the board of directors and sixty percent of the corporation’s voting power not beneficially owned by the interested stockholder, its affiliates and associates. Further, in the absence of prior approval certain restrictions