Item 7.01 Regulation FD Disclosure. On October 21, 2026, Soluna Holdings, Inc. (the “Company”) issued a press release announcing that it has entered into a definitive agreement to form a jointly owned company with Applied Digital Corporation (NASDAQ:…
Filed Oct 21, 2026Accepted Oct 21, 2026, 7:30 AM EDTCIK 64463Accession 0001493152-26-047846
We are currently developing new infrastructure projects intended to support AI and HPC workloads. These efforts include engagement with potential joint venture partners, conducting site and feasibility studies, securing access to power and land, and performing other early-stage development activities.
Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item
7.01 Regulation FD Disclosure.
On
October 21, 2026, Soluna Holdings, Inc. (the “Company”) issued a press release announcing that it has entered into a definitive
agreement to form a jointly owned company with Applied Digital Corporation (NASDAQ: APLD) to develop a planned 50 MW critical IT data
center for AI and HPC at Project Dorothy 3, the Company’s development site near Silverton (Briscoe County) Texas and the Briscoe
Wind Farm. 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.
Filed exhibits (1)
EX-99.1 (by filename) ex99-1.htm
Exhibit
99.1
Soluna
Agrees to Form Strategic Partnership with Applied Digital to Develop Wind-Powered AI Data Center in Texas
Facility
to be powered by Briscoe Wind Farm; ChronoScale signs letter of intent for triple-net lease
ALBANY,
N.Y., October 21, 2026 - Soluna Holdings, Inc. (Nasdaq: SLNH) (“Soluna”), a developer of green data centers for
intensive computing applications including artificial intelligence (“AI”), today announced that it has entered into a definitive
agreement (the “Transaction Agreement”) to form a jointly owned company (the “Project Company”) with Applied
Digital Corporation (NASDAQ: APLD) (“Applied”) to develop a planned 50 MW critical IT data center for AI and HPC (the “Project”)
at Project Dorothy 3, Soluna’s development site near Silverton (Briscoe County) Texas and the Briscoe Wind Farm (“Briscoe
Wind”).
Under
the Transaction Agreement, Soluna is expected to contribute a portion of the Dorothy 3 site, including land and power-related project
assets, to the Project Company, and Applied is expected to provide capital to support the development of the Project. Following the closing
of the transactions contemplated by the Transaction Agreement, Applied i…