Soluna to Participate in Water Tower Research Fireside Chat Series

Rhea-AI Summary

Soluna Holdings (NASDAQ: SLNH) will participate in the Water Tower Research Fireside Chat Series on June 4, 2024, at 1:00 PM EDT. CEO John Belizaire will discuss the company's plans, including the financing and construction strategy for the 48 MW Project Dorothy 2 expansion and a new PPA with EDF Renewables for a 166 MW at Project Kati. He will also cover Soluna's 'Roadmap to Profitability' and its AI Cloud service in collaboration with a GPU-Server OEM. The event is open to all investors.

Replays of the webcast will be available post-event, and interested parties can register online.

Positive

• Soluna Holdings CEO to discuss new financing and construction plans for 48 MW Project Dorothy 2, indicating project progression.
• New PPA with EDF Renewables for a 166 MW at Project Kati may enhance long-term revenue stability.
• Discussion on the 'Roadmap to Profitability' indicates a focus on financial health and future profitability.
• Event is open to all investors, promoting transparency and direct communication with stakeholders.

Negative

• No direct mention of current financial performance or recent earnings figures, leaving investors without recent financial insights.
• Potential investor dilution risk if new financing involves equity offerings.
• Unclear timeline for profitability, leaving questions on when investors might see returns.
• Focus on future projects without confirmation of current project completions or performance metrics; ongoing risks in project execution.

Live Presentation on Tuesday, June 4, 2024 at 1:00 PM EDT

ALBANY, N.Y.--(BUSINESS WIRE)-- Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today that John Belizaire, CEO of Soluna Holdings, will be participating in the Water Tower Research Fireside Chat Series on June 4, 2024 at 1:00 PM EDT.

This event is open access for all investors to participate. Topics will include:

• The financing and construction plan for the 48 MW Project Dorothy 2 expansion.
• The recently announced PPA with EDF Renewables for a 166 MW at Project Kati.
• A discussion on the company’s recently released ‘Roadmap to Profitability’.
• Soluna’s AI Cloud service and collaboration with a leading GPU-Server OEM.

Interested parties can register for the event at the link below. Replays of the webcast will also be available after the event.

Please Register Here: https://us06web.zoom.us/webinar/register/WN_0Li5dIJ7TYO9BSQ_cOs2XA#/registration

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Soluna Holdings, Inc. may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Soluna’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, further information regarding which is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and Soluna Holdings, Inc. undertakes no duty to update such information, except as required under applicable law.

About Soluna Holdings, Inc (SLNH)

Soluna is on a mission to make renewable energy a global superpower using computing as a catalyst. The company designs, develops, and operates digital infrastructure that transforms surplus renewable energy into global computing resources. Soluna’s pioneering data centers are strategically co-located with wind, solar, or hydroelectric power plants to support high-performance computing applications including Bitcoin Mining, Generative AI, and other compute-intensive applications. Soluna’s proprietary software MaestroOS(™) helps energize a greener grid while delivering cost-effective and sustainable computing solutions, and superior returns. To learn more visit solunacomputing.com. Follow us on X (formerly Twitter) at @SolunaHoldings.

About Water Tower Research

Water Tower Research is an investor engagement and stakeholder communication platform powered by Wall Street veterans with significant experience and credibility. We create, deliver, and maintain the information flow required to build and preserve relationships between companies and all their stakeholders and investors. “Research for the other 99%™” opens the door for every investor to stay informed and ensures transparency, better engagement, and equal communication.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240604194929/en/

Sam Sova

Founder and CEO

SOVA

Sam@letsgosova.com

Graham Mattison

Senior Research Analyst

Water Tower Research

graham.mattison@watertowerresearch.com

Source: Soluna Holdings, Inc.

FAQ

When is Soluna Holdings participating in the Water Tower Research Fireside Chat Series?

Soluna Holdings will participate on June 4, 2024, at 1:00 PM EDT.

What will be discussed during Soluna Holdings' presentation at the Fireside Chat?

Topics include the financing and construction plan for the 48 MW Project Dorothy 2 expansion, a new PPA with EDF Renewables for a 166 MW at Project Kati, the 'Roadmap to Profitability,' and Soluna's AI Cloud service.

How can investors participate in Soluna Holdings' live presentation?

Investors can register for the event online and replays will be available after the webcast.

What is Soluna Holdings' new agreement with EDF Renewables?

Soluna Holdings announced a PPA with EDF Renewables for a 166 MW capacity at Project Kati.

What is the significance of the 'Roadmap to Profitability' for Soluna Holdings?

The 'Roadmap to Profitability' outlines Soluna Holdings' strategic plan to achieve financial health and future profitability.

What is Soluna Holdings' AI Cloud service?

Soluna Holdings' AI Cloud service involves collaboration with a leading GPU-Server OEM, aiming to enhance their AI computing capabilities.