Company: SLNH
Filing Date: 2025-04-29
Form Type: 424B5
Source: 0001641172-25-006672
Chunk: 28

Company: Soluna Holdings, Inc
Filing Date: 2025-04-29
Form: 424B5
Chunk 28
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edy, a new 120 MW data center co-located with a 200 MW wind farm in South Texas.The wind farm is
owned by a new power partner–a multinational conglomerate that focuses on developing and managing sustainable infrastructure solutions,
with a strong emphasis on renewable energy, water management, and services, aiming to contribute to a low-carbon economy and a better
planet.

Implications of Being a Smaller Reporting Company

We qualify as a “smaller reporting company” under applicable SEC regulations. A smaller reporting company may take advantage of reduced reporting requirements that are otherwise applicable to public companies. These provisions include, but are not 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; 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.                      |

| 6 |

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”)