Company: SLNH
Filing Date: 2025-05-22
Form Type: S-1
Source: 0001641172-25-012098
Chunk: 8

Company: Soluna Holdings, Inc
Filing Date: 2025-05-22
Form: S-1
Chunk 8
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 from time to time make, forward-looking statements
that involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements by terms such as “may,”
“will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,”
“target,” “project,” “estimate,” “believe,” “estimate,” “predict,”
“potential” or “continue” or the negative of these terms or other similar expressions intended to identify statements
about the future. These statements speak only as of the date of this prospectus and involve known and unknown risks, uncertainties and
other important factors that may cause our actual results, performance or achievements to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking statements. We have based these forward-looking statements largely
on our current expectations and projections about future events and financial trends that we believe may affect our business, financial
condition and results of operations. These forward-looking statements include, without limitation, statements about the following:

| ● | the availability of financing opportunities, risks associated with economic conditions, dependence on management and conflicts of interest;                                                                                                                                                                                                                                                                                                                                          |
| ● | the ability to service debt obligations and maintain flexibility in respect of debt covenants;                                                                                                                                                                                                                                                                                                                                                                                       |
| ● | economic dependence on regulated terms of service and electricity rates;                                                                                                                                                                                                                                                                                                                                                                                                             |
| ● | the speculative and competitive nature of the technology sector;                                                                                                                                                                                                                                                                                                                                                                                                                     |
| ● | our ability to attract and retain hosted customers for our hosting operations;                                                                                                                                                                                                                                                                                                                                                                                                       |
| ● | dependency in continued growth in blockchain and cryptocurrency usage;                                                                                                                                                                                                                                                                                                                                                                                                               |
| ● | lawsuits and other legal proceedings and challenges;                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| ● | conflict of interests with directors and management;                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| ● | government regulations;                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| ● | our ability to construct and complete the anticipated expansion of our data centers;                                                                                                                                                                                                                                                                                                                                                                                                 |
| ● | the impact of global economic and market conditions and political developments on our business, including, among others, tariffs, rising inflation and capital market disruptions, economic sanctions, bank failures, regional conflicts around the world, and economic slowdowns or recessions that may result from such developments which could harm our research and development efforts as well as the value of our common stock and our ability to access capital markets; and |
| ● | other factors beyond our control.                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

The foregoing does not represent an exhaustive
list