---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-018719"
form_type: "8-K"
ticker: "SLNH"
cik: "0000064463"
company_name: "Soluna Holdings, Inc"
filed_at: "2025-10-21T23:59:59+00:00"
generated_at: "2026-05-17T03:08:07.402413+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Soluna appoints Agnes Budzyn to Board; AMA reveals Canaan deal replaces Dorothy customers, share count rises to 61.5M

## Summary
- Budzyn receives $7,500/quarter cash and 135,000 RSUs vesting over three years; she brings BlackRock and ConsenSys experience.
- 20MW Canaan hosting deal at Dorothy 1A replaces existing customers slated to terminate; first in potential series.
- Outstanding shares increased from 47M (9/23) to 61.5M (9/24); company cites financial compliance for delayed disclosure.
- Project Kati 1 (83MW, including 48MW with Galaxy) funded via Soluna equity, Spring Lane, and $100M Generate credit facility.
- Q3 2025 financials with cap table update and capital formation plans expected in November filing.

## SEC filing metadata
- accession: 0001493152-25-018719
- form_type: 8-K
- ticker: SLNH
- cik: 0000064463
- company_name: Soluna Holdings, Inc
- filed_at: 2025-10-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64463/000149315225018719/0001493152-25-018719-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64463/000149315225018719/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-018719
- JSON: https://secwatch.observer/filing/0001493152-25-018719.json
- Plain text: https://secwatch.observer/filing/0001493152-25-018719.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.