Solidion Technology, Inc. Announces Pricing of $4 Million Private PlacementDALLAS, TEXAS, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Solidion Technology, Inc., (the “Company,” "Solidion,” “we,” “our” or “us”), an advanced battery technology solutions provider, today announced that it has entered into a securities purchase agreement with institutional investors to raise approximately $4 million in aggregate cash proceeds, before deducting fees to the placement agent and other offering expenses payable by the Company. The closing of the private placement is expected to occur on September 3, 2024, subject to the satisfaction of certain customary closing conditions set forth in the securities purchase agreement.
Solidion Offers Strategic Partnership Opportunities on Next-Gen EV BatteriesSolidion’s advanced lithium-sulfur battery technologies are designed to double the EV driving range without increasing the battery weight
Solidion’s Silicon/Graphene Anode Materials Validated by an EV OEM-Appointed Third PartySolidion’s Silicon composition is on par with Silane gas-derived Si at a substantially lower cost to EV manufacturers
Solidion Granted 20 Patents on Next-Gen Batteries by the US Patent and Trademark Office During First 8 Months of 2024This significantly expanded IP portfolio further solidifies Solidion’s leadership position in solid-state and other advanced battery technologies
Solidion Technology Reports Results for Q2 2024DALLAS, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Solidion Technology Inc. (“Solidion” or the “Company”) (Nasdaq: STI), an advanced battery technology solutions provider, today announced it has released financial and operating results for the second quarter of 2024. The unaudited condensed consolidated financial statements of Solidion and additional information, including updated pro forma information, can be found in Solidion’s Form 10-Q, filed with the Securities and Exchange Commission on August 13th, 2024 (the “Form 10Q”). This earnings release should be read together with the information contained in the Form 10-Q.
