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Soluna regains NASDAQ compliance with minimum bid price rule

May 1, 2026 7:30 AM

Soluna Holdings Inc. (NASDAQ: SLNH) has regained compliance with NASDAQ's minimum bid price requirement, the company announced. The green data center developer received notice from NASDAQ that it met the $1.00 minimum closing bid price requirement under Listing Rule 5550(a)(2).



The company's shares maintained a minimum closing bid price of $1.00 or greater from April 14, 2026, to April 29, 2026, according to the press release. NASDAQ has closed the compliance matter as a result.



"We've done the work to meet Nasdaq's requirements, and more importantly, to strengthen the business underneath it," said John Belizaire, CEO of Soluna Holdings. "Our focus remains on disciplined execution, scaling our Renewable Computing platform, and creating durable value for shareholders."



Soluna operates digital infrastructure that uses surplus renewable energy for computing applications including AI and Bitcoin mining. The company's data centers are co-located with wind, solar, or hydroelectric power plants.



The company is now in full compliance with all NASDAQ continued listing requirements and remains listed on the NASDAQ Capital Market under the ticker SLNH.

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