Company: SLNH
Filing Date: 2025-04-29
Form Type: 424B5
Source: 0001641172-25-006672
Chunk: 48

Company: Soluna Holdings, Inc
Filing Date: 2025-04-29
Form: 424B5
Chunk 48
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 provides (in which event the prospectus supplement will so state), an “Event of Default” with respect to a series of debt securities will occur if:

| (1) | we default in any payment                                                                                                         
 of interest on any debt securities of such series when the same becomes due and payable and the default continues for a period of 
 30 days;                                                                                                                          |

| (2) | we default in the payment                                                                                                            
 of all or any part of the principal and premium, if any, of any debt securities of such series when the same becomes due and payable 
 at maturity or upon redemption, acceleration or otherwise and such default shall continue for five or more days;                     |

| (3) | we default in the performance                                                                                                   
 of any of our other agreements applicable to the series and the default continues for 30 days after the notice specified below; |

| (4) | a court of competent jurisdiction                                           
 enters an order or decree under any Bankruptcy Law (as defined below) that: |

| (A) | is for relief against us                                                                           
 in an involuntary case,                                                                            |
| (B) | appoints a Custodian (as                                                                           
 defined below) for us or for any substantial part of our property, or                              |
| (C) | orders the winding up or                                                                           
 liquidation of us, and the order or decree remains unstayed and in effect for 90 consecutive days; |

| (5) | we, pursuant to or within          
 the meaning of any Bankruptcy Law: |

| (A) | commence a voluntary case,                                            |
| (B) | consent to the entry of                                               
 an order for relief against us in an involuntary case,                |
| (C) | consent to the appointment                                            
 of a Custodian for us or for any substantial part of our property, or |
| (D) | make a general assignment                                             
 for the benefit of our creditors; or                                  |

| (6) | there occurs any other                        
 Event of Default provided for in such series. |

The term “Bankruptcy Law” means Title 11 of the United States Code or any similar Federal or State law for the relief of debtors. The term “Custodian” means any receiver, trustee, assignee, liquidator or a similar official under any Bankruptcy Law.

“Default” means any event which is, or after notice or passage of time would be, an Event of Default. A Default under subparagraph (3) above is not an Event