Company: SLNH
Filing Date: 2025-07-09
Form Type: PRE 14A
Source: 0001641172-25-018420
Chunk: 7

Company: Soluna Holdings, Inc
Filing Date: 2025-07-09
Form: PRE 14A
Chunk 7
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 have the right to directly grant your voting proxy or to vote at the Annual Meeting.

Beneficial Owner

If your shares are held in a stock brokerage account or by a bank or other nominee, you are considered the beneficial owner of shares held in street name, and these proxy materials are being forwarded to you by your broker, bank or nominee which is considered, with respect to those shares, the stockholder of record. As the beneficial owner, you have the right to direct your broker as to how to vote and are also invited to attend the Annual Meeting. However, because you are not the stockholder of record, you may not vote these shares unless you obtain a signed proxy from the record holder giving you the right to vote the shares. If you do not provide the stockholder of record with voting instructions or otherwise obtain a signed proxy from the record holder giving you the right to vote the shares, broker non-votes may occur for the shares that you beneficially own. The effect of broker non-votes is more specifically described in “ What vote is required to approve each proposal?” below.

What vote is required to approve each proposal?

Assuming that a quorum is present, the following votes will be required to approve each proposal:

| ● | With                                                                                                                                    
 respect to the Director Proposal, directors are elected by a plurality of the votes cast by holders of our Voting Capital Stock,        
 present in person or represented by proxy and entitled to vote on the election of directors. The director nominees who receive the      
 greatest number of votes at the Annual Meeting (up to the total number of directors to be elected) will be elected. As a result,        
 withheld votes and “broker non-votes” (see below), if any, will not affect the outcome of the vote on the Director Proposal.            
 Consequently, only shares that are voted in favor of a particular nominee will be counted toward such nominee’s achievement             
 of a plurality. You may not vote your shares cumulatively for the election of directors.                                                |
| ● | With                                                                                                                                    
 respect to the Reverse Stock Split Proposal, the Adjournment Proposal, and the Auditor Proposal, as well as the approval of any         
 other matter that may properly come before the Annual Meeting, the affirmative vote of the holders of a majority of the votes cast      
 by holders of our Voting Capital Stock, present in person or represented by proxy, is required to approve these proposals. As a result, 
 abstentions, broker non-votes, if any, and any other failure to submit a proxy or