Company: SLNH
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023503
Chunk: 138

Company: Soluna Holdings, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 138
---
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. As of the date of filings this report, all such settlements have been made.

Item
1A. Risk Factors

Part
II, Item 1A (Risk Factors) of our most recently filed Annual Report on Form 10-K with the SEC, filed on March 31, 2025, as supplemented
by Item 1A of our Form 10-Q filed with the SEC on May 15, 2025, sets forth information relating to important risks and uncertainties
that could materially adversely affect our business, financial condition and operating results. There have been no material changes to
our risk factors disclosed in our most recently filed Annual Report on Form 10-K, as supplemented by Item 1A of our Form 10-Q filed with
the SEC on May 15, 2025. Those risk factors continue to be relevant to an understanding of our business, financial condition and operating
results, however, and, accordingly, you should review and consider such risk factors in making any investment decision with respect to
our securities.

68

Item
2. Unregistered Sales of Equity Securities and Use of Proceeds

None

Item
3. Defaults Upon Senior Securities

None

Item
4. Mine Safety Disclosures

Not
applicable.

Item
5. Other Information

Rule
10b5-1 Trading Arrangements and Non-Rule 10b5-1 Trading Arrangements

During
the fiscal quarter ended September 30, 2025, none of our officers or directors, as those terms are defined in Rule 16a-1(f), adopted
or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as those terms
are defined in Item 408 of Regulation S-K.

Item
6. Exhibits

    Exhibit
    No.
     
    Description
  
    3.1
     
    [Certificate of Amendment to Articles of Incorporation, filed with the Secretary of State of Nevada on November 7, 2025