Company: SLNH
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002391
Chunk: 15

Company: Soluna Holdings, Inc
Filing Date: 2025-01-15
Form: S-1/A
Chunk 15
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 case, will be equitably adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction occurring during any period used to calculate such per share purchase price, maximum purchase share amounts or applicable volume or price amounts.

Conditions Precedent to the Right of the Company to Deliver an Advance Notice

TheInvestor’s obligation to accept Advance Notices that are timely delivered by us under the SEPA and to purchase shares of our Common Stock in Advances under the SEPA, are subject to satisfaction of the conditions precedent thereto set forth in the SEPA, all of which are entirely outside of the Investor’s control, which conditions include the following:

| ● | the                                                                                                                                  
 accuracy in all material respects of the representations and warranties of the Company included in the SEPA as of the Advance Notice 
 Date;                                                                                                                                |

| ● | the                                                                                                                   
 Company having paid the cash commitment fee or issued the Commitment Shares to an account designated by the Investor; |

| ● | the                                                                                                                              
 Company obtaining all permits and qualifications required by any applicable state for the offer and sale of all shares of Common 
 Stock issuable pursuant to such Advance Notice, or will have the availability of exemptions therefrom;                           |

| ● | the                                                                                                                                  
 Board of Directors approving the transactions contemplated by the SEPA and Registration Rights Agreement, which approval will remain 
 in full force;                                                                                                                       |

| ● | there                                                                                                                                      
 will not have occurred any event and there will not exist any condition or state of facts, which makes any statement of a material         
 fact made in the registration statement that includes this prospectus (or in any one or more additional registration statements filed      
 with the SEC that include shares of Common Stock that may be issued and sold by the Company under the SEPA) untrue or which requires       
 the making of any additions to or changes to the statements contained therein in order to state a material fact required by the Securities 
 Act to be stated therein or necessary in order to make the statements then made therein (in the case of this prospectus or the prospectus  
 included in any one or more additional registration statements filed with the SEC under the Registration Rights Agreement, in the          
 light of the circumstances under which they were made) not misleading;                                                                     |

| ● | the                                                                                                                                 
 Company performing, satisfying and complying in all material respects with all covenants, agreements and conditions required by the 
 SEPA;                                                                                                                               |

| ● | the                                                                                                                               
 absence of any statute, regulation, order