Soluna (SLNH) Registration filing summary

Company overview and business model

• Develops, owns, and operates digital infrastructure for energy-intensive computing by colocating data centers with renewable energy power plants, termed Renewable Computing™.

• Converts underutilized renewable energy into computing capacity for AI, HPC, and Bitcoin mining.

• Employs modular and AI-ready data center designs, managed by proprietary MaestroOS software optimizing power and operations.

• Operates behind-the-meter at renewable sites, accessing both on-site and grid power, and participates in demand response programs.

• Aims to scale a differentiated platform supporting renewable power utilization and flexible computing growth.

Financial performance and metrics

• Qualifies as a smaller reporting company, utilizing reduced SEC disclosure requirements.

• As of April 6, 2026: 113,181,690 shares of common stock outstanding, 4,920,045 Series A Preferred, and 57,190 Series B Preferred shares issued.

• Outstanding warrants (including pre-funded) total 25,149,840 shares at a weighted average exercise price of $1.77 per share.

Use of proceeds and capital allocation

• Will not receive proceeds from resale of securities by the selling securityholder.

• Will receive cash proceeds only upon exercise of warrants by payment of exercise price.

• Responsible for all registration-related fees and expenses, excluding brokerage commissions.