SLNH SolunaHoldings 25M Growth Capital Line:

Key Uses of the Financing:

*Retiring existing Convertible Notes reducing leverage and dilution overhang.

*Funding critical Soluna Cloud AI operations and data center development activities.

*Deploying additional capital into projects to significantly improve equity cash flows.

*Strengthening the Company's balance sheet.

Operational Expectations:

*Advance its Helix AI data center designs.

*Prepare for the build-out of Project Grace - a 2 MW AI data center adjacent to its flagship Project Dorothy 2.

*Accelerate the development of the 166 MW Project Kati and 187 MW Project Rosa.

*Complete the acquisition of new sites for up to 20 MW of additional AI data centers for its Colocation business.

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