Company: SLNH
Filing Date: 2025-10-27
Form Type: S-1
Source: 0001493152-25-019770
Chunk: 17

Company: Soluna Holdings, Inc
Filing Date: 2025-10-27
Form: S-1
Chunk 17
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 reported as beneficially owned by the Selling Stockholder. Because the Selling Stockholder identified in the table may sell some or all of the shares of common stock beneficially owned by it and covered by this prospectus, and because there are currently no agreements, arrangements or understandings with respect to the sale of any of the shares of common stock, no estimate can be given as to the number of shares of common stock available for resale hereby that will be held by the Selling Stockholder upon termination of this offering. In addition, the Selling Stockholder may have sold, transferred or otherwise disposed of, or may sell, transfer or otherwise dispose of, at any time and from time to time, the shares of common stock it beneficially owns in transactions exempt from the registration requirements of the Securities Act after the date on which it provides the information set forth in the table below. We have, therefore, assumed for the purposes of the following table, that the Selling Stockholder will sell all of the shares of common stock owned beneficially by it that are covered by this prospectus, but will not sell any other shares of common stock that it presently owns. Except in connection with the Promissory Note in the principal amount of $12,500,000, dated June 20, 2024, issued to the Selling Stockholder by an affiliate of the Company, under which the Company is an obligor, neither the Selling Stockholder, nor any persons (entities or natural persons) who have control over the Selling Stockholder, have held any position or office, or have otherwise had any material relationship with us or any of our subsidiaries within the past three years.

| Name of Selling Stockholder  |     | Shares Beneficially Owned prior to Offering(1) |           |    |     | Shares Offered by this Prospectus |           |    |     | Shares Beneficially Owned after Offering |   |     | Percentage of Shares Beneficially Owned after Offering(2) |   |
| GreenCloud Partners, LLC (3) |     |                                                | 3,500,000 | -4 |     |                                   | 3,500,000 | -4 |     |                                          | 0 |     |                                                           | - |

(1)Calculated in accordance with Rule 13(d)(3) under the Exchange Act, which includes all options and warrants owned by the holder which are exercisable within 60 days of October 15, 2025.

(2)Based upon 68,265,626 shares