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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)

 

 

 

EX-99.1 2 ex99-1.htm EX-99.1

 

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, 2026Soluna 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