Company: SLNH
Filing Date: 2025-09-30
Form Type: 8-K
Source: 0001493152-25-016179
Chunk: 0

Company: Soluna Holdings, Inc
Filing Date: 2025-09-30
Form: 8-K
Item: Item 7.01
Chunk 0
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Item
7.01 Regulation FD Disclosure.

NYDIG
Settlement

As
previously disclosed, on December 29, 2022, NYDIG ABL LLC (“ NYDIG”) filed a complaint against (i) Soluna MC Borrowing LLC
2021-1, a Delaware limited liability company (“ Borrower”) and indirect wholly-owned subsidiary of Soluna Holdings, Inc.,
a Nevada corporation (the “ Company”), and Soluna MC LLC, a Nevada limited liability company and indirect wholly-owned subsidiary
of the Company (“ Guarantor”, and together with Borrower, the “ Soluna Parties”) in Marshall Circuit Court of the
Commonwealth of Kentucky (the “ Court”) regarding a series of loans (the “ NYDIG Loans”) made by NYDIG to Borrower
pursuant to a Master Equipment Finance Agreement, dated December 30, 2021, that were secured by certain assets of Borrower and guaranteed
by Guarantor pursuant to a written guaranty agreement. The Soluna Parties and NYDIG entered into a Stipulation and Agreed Judgment which
was approved by the Court on February 23, 2024, whereby judgment was granted to NYDIG on the counts in the complaint and the Soluna Parties
became jointly and severally liable for an aggregate amount of $9,182,646.13 plus interest (the “ Agreed Judgment Amount”).

On
September 29, 2025, the Soluna Parties and NYDIG entered into a Settlement Agreement (the “ Settlement Agreement”), pursuant
to which the Soluna Parties and NYDIG agreed to fully settle and resolve the Agreed Judgment Amount and all other matters relating to
the NYDIG Loans in exchange for the Soluna Parties’ agreement to make certain settlement payments to NYDIG in accordance with the
Settlement Agreement. In exchange for such settlement payments, NYDIG, on behalf of itself and its related parties, and its and their
respective predecessors, successors, heirs and assigns, agreed to release the Soluna Parties and their affiliates from any and all claims,
demands, actions, causes of action, liabilities, damages, costs, and expenses, whether known or unknown, arising out of or relating to
the Agreed Judgment Amount and the NYDIG Loans (other than obligations under the Settlement Agreement). If the Soluna Parties fail to
make any agreed-upon settlement payments, or certain other defaults occur, the Agreed Judgment Amount shall be revived, reinstated, and
restored.

Cana