Soluna reports Nasdaq non-compliance risk, 2.6 GW pipeline progress, and HPE server loss

Soluna Holdings, Inc

Received Nasdaq notice for share price below $1; 180-day grace period until Nov 4, 2025, with possible extension.
Non-recoverable $10.4M down payment and monthly payments on terminated HPE agreement; no recovery expected.
CEO John Belizaire holds 496,302 common shares and 101,042 Series A Preferred shares per SEC filings.
2.6 GW pipeline includes 48 MW Dorothy 2 (online this year), 166 MW Project Kati (shovel-ready), and 295 MW term sheets.
$12.5M GreenCloud note used for HPE down payment and working capital; 4+ years remaining at unchanged schedule.

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This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.