Company: SLNH
Filing Date: 2025-10-27
Form Type: S-1
Source: 0001493152-25-019770
Chunk: 19

Company: Soluna Holdings, Inc
Filing Date: 2025-10-27
Form: S-1
Chunk 19
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| ● | privately negotiated transactions;                                                                                       |
| ● | in transactions through broker-dealers that agree with the                                                               
 Selling Stockholder to sell a specified number of such common stock at a stipulated price per share;                     |
| ● | through the writing or settlement of options or other hedging                                                            
 transactions, whether through an options exchange or otherwise;                                                          |
| ● | a combination of any such methods of sale; or                                                                            |
| ● | any other method permitted pursuant to applicable law.                                                                   |

The Selling Stockholder may also sell the common stock under Rule 144 or any other exemption from registration under the Securities Act, if available, rather than under this prospectus.

Broker-dealers engaged by the Selling Stockholder may arrange for other brokers-dealers to participate in sales. Broker-dealers may receive commissions or discounts from the Selling Stockholder (or, if any broker-dealer acts as agent for the purchaser of the common stock, from the purchaser) in amounts to be negotiated, but, except as set forth in a supplement to this prospectus, in the case of an agency transaction not in excess of a customary brokerage commission in compliance with Rule 2121 of the Financial Industry Regulatory Authority, or FINRA, and in the case of a principal transaction a markup or markdown in compliance with FINRA Rule 2121.

The Selling Stockholder and any broker-dealers or agents that are involved in selling the common stock may be deemed “underwriters” within the meaning of the Securities Act in connection with such sales. In such event, any commissions received by such broker-dealers or agents and any profit on the resale of the common stock purchased by them may be deemed to be underwriting commissions or discounts under the Securities Act. The Selling Stockholder has informed us that it does not have any written or oral agreement or understanding, directly or indirectly, with any person to distribute the common stock.

We are required to pay certain fees and expenses incurred by us incident to the registration of the common stock. We have agreed to indemnify the Selling Stockholder against certain losses, claims, damages and liabilities, including certain liabilities under the Securities Act with respect to this prospectus.

We agreed to keep this prospectus effective until the earlier of (i) the date on which the Note shall have been satisfied in full, or (ii) such date as the Shares may be sold pursuant to Rule 144 without any information requirements. The Shares offered hereunder will be sold only through registered or licensed brokers or dealers if required