SunTrust Banks (STI)

Solidion is granted a key US patent on a Graphene-Enabled Battery Fast-Charging and Cooling System

DALLAS, 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’s advanced lithium-sulfur battery technologies are designed to double the EV driving range without increasing the battery weight

Solidion’s Silicon composition is on par with Silane gas-derived Si at a substantially lower cost to EV manufacturers

This significantly expanded IP portfolio further solidifies Solidion’s leadership position in solid-state and other advanced battery technologies

DALLAS, 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.

DALLAS, July 01, 2024 (GLOBE NEWSWIRE) -- Solidion Technology, Inc. (“Solidion” or the “Company”) (Nasdaq: STI), an advanced battery technology solutions provider, today announced that the Company has been added to the broad-market Russell 3000® Index, effective as of market open today as part of the Russell Index’s annual reconstitution.

Providing a Drop-in Solution to Lithium-ion Batteries for Extending the Driving Range without Increasing the EV Weight

Solidion’s cost effective technology removes the need to import graphite into North America and the EV industry is taking notice

DALLAS, June 07, 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 Solidion for the first quarter of 2024. The unaudited condensed consolidated and combined financial statements of Solidion and additional information, can be found in Solidion’s Form 10-Q, filed with the Securities and Exchange Commission today, June 7, 2024 (the “Form 10-Q”). This earnings release should be read together with the information contained in the Form 10-Q.

Dallas, TX, June 06, 2024 (GLOBE NEWSWIRE) -- On May 31, 2024, Solidion Technology, Inc. (the “Company”) received an expected delinquency notification letter (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”), which indicated that, as a result of the Company's delay in filing its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024 (the “Form 10-Q”) by the applicable due date, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires Nasdaq-listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”).

The company’s revolutionary, patent-protected bipolar electrode-to-pack technology dramatically reduces battery weight, volume, and cost

DALLAS, April 12, 2024 (GLOBE NEWSWIRE) -- Solidion Technology, Inc. (f/k/a Nubia Brand International Corp.) (“Solidion” or the “Company”) (Nasdaq: STI), an advanced battery technology solutions provider, today announced it has released financial and operating results for Solidion for the full year 2023. The unaudited condensed consolidated financial statements of Solidion and additional information, including updated pro forma information, can be found in Solidion’s Form 10-K, filed with the Securities and Exchange Commission today, April 12, 2024 (the “Form 10-K”). This earnings release should be read together with the information contained in the Form 10-K.

Solidion Technology (NASDAQSTI), an advanced battery-technology solutions provider, announced that it has entered a securities purchase agreement with institutional investors. The agreement is designed to raise approximately $3.85 million in cash proceeds, before deducting fees and other offering expenses. According to the announcement, the closing of the private placement is subject customary closing conditions. In addition, and in connection with the private placement, Solidion expects to issue 5,133,332 units and prefunded units. EF Hutton is acting as exclusive placement agent for the offering. Benesch Friedlander Coplan & Aronoff LLP and Loeb & Loeb LLP are serving as counsel to the company for the private placement while Winston & Strawn LLP is serving as counsel to the placement agent. “Each unit and prefunded unit will be comprised of one share of common stock (or prefunded warrant), two common warrants with each exercisable for one share of common stock at an exercise price of $0.75 per share, and one common warrant at an exercise price of $0.0001 to purchase such amount of shares of common stock as will be determined on the reset date (as defined in the Series B common warrant),” stated the company in the press release. “The common warrants will be exercisable upon issuance and will have a term of 5.5 years from the stockholder approval date.”

DALLAS, TEXAS, March 13, 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 $3.85 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 March 14, 2024, subject to the satisfaction of certain customary closing conditions set forth in the securities purchase agreement.

DAYTON, Ohio, March 06, 2024 (GLOBE NEWSWIRE) -- Solidion Technology, Inc. (Solidion), an advanced battery technology solutions provider, began trading on NASDAQ (ticker symbol “STI”) on February 5, 2024. Solidion is the merged entity between Honeycomb Battery Company (HBC, Dayton, Ohio) and Nubia Brand International Co., a special purpose acquisition company (SPAC), based in Dallas, Texas.

DAYTON, Ohio, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Solidion Technology, Inc. (Solidion), an advanced battery technology solutions provider, began trading on NASDAQ (ticker symbol “STI”) on February 5, 2024. Solidion is the merged entity between Honeycomb Battery Company (HBC, Dayton, Ohio) and Nubia Brand International Co., a special purpose acquisition company (SPAC), based in Dallas, Texas.

DAYTON, Ohio, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Solidion Technology, Inc. (NASDAQSTI), an advanced energy solutions provider, began initial trading on February 5, 2024. Solidion is the merged entity between Honeycomb Battery Company (HBC, Dayton, Ohio) and Nubia Brand International Co., a special purpose acquisition company (SPAC), based in Dallas, Texas.

DALLAS, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Solidion Technology, Inc. (Solidion), an advanced battery technology solutions provider, aims to address the burgeoning battery materials supply shortage, driven by anticipated soaring demand for electric vehicle (EV) and energy storage systems (ESS) battery capacities.

Solidion Technology (NASDAQSTI), a company that’s core business includes manufacturing of battery materials and components, as well as development and production of next-generation batteries for energy storage systems and electric vehicles for ground, air and sea transportation, started trading today on the NASDAQ Global Market. The company represents a business combination between Honeycomb Battery Company, a leading battery materials supplier and Nubia Brand International Corp., a special purpose acquisition company led by an African-American/Latino sponsor group. According to the announcement, the transaction, which was approved at a special meeting of Nubia’s stockholders in December 2023, resulted in a company that was renamed Solidion Technology. Solidion management is confident that Honeycomb’s track record of performance and expertise in battery technologies combined with the investment by Nubia and the continued growth of the EV battery market will create an ideal opportunity for Solidion to extend its leading industry position.