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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): September 14, 2026
SOLUNA
HOLDINGS, INC.
(Exact
name of Registrant as Specified in Its Charter)
| Nevada |
|
001-40261 |
|
14-1462255 |
(State
or Other Jurisdiction
of
Incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
| 325
Washington Avenue Extension |
|
|
| Albany,
New York |
|
12205 |
| (Address
of Principal Executive Offices) |
|
(Zip
Code) |
Registrant’s
Telephone Number, Including Area Code: (516) 216-9257
N/A
(Former
Name or Former Address, if Changed Since Last Report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Common
stock, par value $0.001 per share |
|
SLNH |
|
The
Nasdaq Stock Market LLC |
| 9.0%
Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share |
|
SLNHP |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
7.01 Regulation FD Disclosure.
On September 14, 2026, Soluna Holdings, Inc. issued a press release announcing
that ERCOT has conditionally classified its 100 MW Project Dorothy campus as Base Load in Batch Zero. A copy of the press release is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
The
information in this Current Report on Form 8-K under Item 7.01, including the information contained in Exhibit 99.1, is being furnished
to the Securities and Exchange Commission, and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities
Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, and shall not be deemed
to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be
expressly set forth by a specific reference in such filing.
Item
9.01 Financial Statements and Exhibits
(d)
Exhibits.
| 99.1 |
|
Press Release, dated September 14, 2026 |
| 104 |
|
Cover
Page Interactive Data File (embedded with the Inline XBRL document) |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
| |
SOLUNA
HOLDINGS, INC. |
| |
|
|
| Date:
September 14, 2026 |
By: |
/s/
Michael Picchi |
| |
|
Michael
Picchi |
| |
|
Chief
Financial Officer |
| |
|
(principal
financial officer) |
Exhibit
99.1
Soluna
Secures Conditional Base Load Position for Project Dorothy’s 100 MW in ERCOT Batch Zero
An
additional 50 MW request at the campus is already under study
ALBANY,
NY, September 14, 2026 – Soluna Holdings, Inc. (“Soluna” or the “Company”) (NASDAQ: SLNH), a
developer of green data centers for intensive computing applications, including AI and Bitcoin mining, today announced that ERCOT has
conditionally classified its 100 MW Project Dorothy campus as Base Load in Batch Zero. The classification follows last week’s conditional
Base Load position for the full 166 MW at Project Kati.
“We
put the load at the generation instead of waiting years in an interconnection queue,” said John Belizaire, CEO of Soluna. “Dorothy
has run that way from the start. That is why 266 megawatts across both of our Texas campuses is now conditionally classified as base
load, and why we can keep growing at Dorothy from a position of strength.”
Soluna
has formally submitted a load interconnection request to the transmission and distribution service provider for an additional 50 MW at
the Dorothy site. The request falls below the Batch Zero threshold and the provider is studying it directly, which it has confirmed is
underway.
Batch
Zero is ERCOT’s transitional process for evaluating large load interconnection requests system-wide, replacing the prior project-by-project
approach. A Base Load classification preserves a project’s interconnection capacity based on prior study work and exempts it from
further reliability evaluation or megawatt allocation within the study. ERCOT reported more than 438,000 MW of large load requests
in the queue as of mid-2026, nearly 90 percent of them from data centers.
The
classification is conditional pending completion of ERCOT’s ongoing verification process, under which ERCOT may remove a project
from Batch Zero if the applicant does not respond to its information requests. Soluna is participating in the verification process and
expects ERCOT to confirm the classification.
Project
Dorothy is a 100 MW wind-powered campus in Briscoe County, Texas, built behind the meter at the 150 MW Briscoe Wind Farm, which Soluna
acquired in April 2026. Dorothy 1 and Dorothy 2 account for 98 MW of energized capacity. Project Dorothy 3, the 300 MW next phase on
the campus, is designed for AI and high-performance computing.
Soluna’s
total operating capacity is approximately 206 MW, and the Company continues to advance a development pipeline of approximately 6.3 GW.
For
more information, visit www.solunacomputing.com.
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 include all statements, other than statements of historical
fact, regarding our current views and assumptions with respect to future events regarding our business, including the final classification
of the Project Dorothy campus in ERCOT’s Batch Zero process, the development of Project Dorothy, and the Company’s development
pipeline. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,”
“future,” “intends,” “plans,” “believes,” “estimates,” “confident,”
and similar statements. Soluna may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities
and Exchange Commission (“SEC”), 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 SEC.
All information provided in this press release is as of the date of the press release, and Soluna undertakes no duty to update such information,
except as required under applicable law.
About
Soluna Holdings, Inc. (Nasdaq: 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
and follow us on:
LinkedIn:
linkedin.com/company/solunaholdings
X
(formerly Twitter): x.com/solunaholdings
YouTube:
youtube.com/c/solunacomputing
Newsletter:
bit.ly/solunasubscribe
Resource
Center: solunacomputing.com/resources
Soluna
regularly posts important information on its website and encourages investors and potential investors to consult the Soluna investor
relations and investor resources sections of its website regularly.
Contact
Public
Relations
West
of Fairfax for Soluna
Soluna@westof.co
