Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 2100

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7A
Chunk 2100
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) (a)  
    Weighted average exercise price of outstanding options, warrants and rights (b)  
    Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) (c) 
  
    Equity compensation plans approved by security holders 
     213,557  
    $0.35  
     418,476(2)
  
    Equity compensation plans not approved by security holders 
     -  
     -  
     - 

    (1)
    The
    securities available under the Plans for issuance and issuable pursuant to exercises of outstanding options may be adjusted in the
    event of a change in outstanding stock by reason of stock dividend, stock splits, reverse stock splits, etc.

    (2)
    On
    the first trading day of each quarter commencing January 1, 2023 and continuing through the fiscal year ending December 31, 2024,
    the number of shares of our Common Stock reserved for issuance under the 2021 Plan increased by 18.75% of the number of shares of
    Common Stock outstanding on such date, and on the first trading day of each quarter commencing January 1, 2025 and continuing through
    the second quarter of the fiscal year ending December 31, 2027, the number of shares of our Common Stock reserved for issuance under
    the 2021 Plan shall increase by 22.75% of the number of shares of Common Stock outstanding on such date. From the first trading day
    of each quarter commencing July 1, 2027, the number of shares of our Common Stock reserved for issuance under the 2021 Plan shall
    revert to 18.75% of the number of shares of Common Stock outstanding on such date. On the first trading day of each quarter commencing
    July 1, 2023, the number of shares of our Common Stock reserved for issuance under the 2023 Plan shall increase by 23.75% of the
    number of shares of Common Stock outstanding on such date.

Prerequisites
and Other Benefits

Our
executive officers are eligible to participate in similar benefit plans available to all our other employees including medical, dental,
vision, group life, disability, accidental death and dismemberment, paid time off, and 401(k) plan benefits.

We
also maintain a standard directors and officers liability insurance policy with coverage similar to