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Soluna Holdings 9.0% Series A Cumulative Perpetual Preferred Stock

Name changed to Soluna Holdings from Mechanical Technology

Company sold an addition 445,714 Shares at $17.50 on 12/27/2021

Preferred Dividend is suspended

Ticker: SLNHP

Parent Ticker: SLNH

OTC Grey Market Temporary Ticker: NA

Issuance Date: 08/17/2021

1st Call Date: 08/23/2026

Maturity Date: None

Shares Issued: 720,000

Overallotment Shares: 0

Coupon: 9.0%

Face Value: $25.00

Cumulative: Yes

Qualified: Yes

Quarterly Dividend Amount: 0.5625

Payment Months: Pays Every Month

Payment Day: Last Day

S&P Rating: NR

III Rating (In Regards to Dividend Safety Only): D

Moody Rating: NR

Fitch Rating: NR

Egan-Jones Rating: NR