Solidion Technology Announces $35 Million Private Placement of Common Stock Priced Above Market Under Nasdaq Rules
Proceeds totally fund the corporate by means of 2028 and will likely be used to speed up commercialization of Solidion’s patented Excessive-Local weather Battery Expertise focusing on the Lunar economic system and
area purposes
DALLAS, TX, June 07, 2026 (GLOBE NEWSWIRE) — Solidion Expertise Inc. (“Solidion” or the “Firm”) (NASDAQ: STI), a complicated battery expertise options supplier, right this moment introduced that it has entered right into a securities buy settlement with a brand new institutional investor for the acquisition and sale of two,333,000 shares of frequent inventory (or frequent inventory equivalents) in a non-public placement priced above market underneath Nasdaq guidelines. The providing is anticipated to lead to gross proceeds of $35 million, earlier than deducting providing bills. The closing of the providing is anticipated to happen on or about June 9, 2026, topic to the satisfaction of customary closing situations.
The Firm intends to make use of the web proceeds from the providing to assist the commercialization of its patented Excessive-Local weather Battery expertise, fulfill buyer demand, increase stock, advance the constructing and testing of prototypes, and for working capital and common company functions.
Titan Companions, a division of American Capital Companions, is performing as the only real placement agent for the providing.
The securities issued within the personal placement described above haven’t been registered underneath the Securities Act of 1933, as amended, and will not be supplied or bought in the USA absent registration or an relevant exemption from registration necessities. The Firm has agreed to file a resale registration assertion with the SEC for functions of registering the resale of the shares of frequent inventory issued in reference to the personal placement.
This press launch shall not represent a suggestion to promote or the solicitation of a suggestion to purchase nor shall there be any sale of those securities in any state or jurisdiction wherein such provide, solicitation or sale can be illegal previous to registration or qualification underneath the securities legal guidelines of any such state or jurisdiction.
About Solidion Expertise, Inc.
Headquartered in Dallas, Texas, with pilot manufacturing amenities in Dayton, Ohio, Solidion Expertise (NASDAQ: STI) is a complicated battery expertise options supplier centered on manufacturing next-generation battery supplies and elements, and growing high-performance batteries for vitality storage, together with UPS techniques serving the AI knowledge middle market, electrical autos, and aerospace purposes. The Firm holds a portfolio of over 385 patents, overlaying improvements corresponding to high-capacity, silane-gas-free and graphene-enabled silicon anodes, biomass-based graphite, and superior lithium-sulfur and lithium-metal applied sciences.
For extra info, please go to http://www.solidiontech.com or contact Investor Relations.
Cautionary Word Relating to Ahead-Trying Statements
This press launch accommodates forward-looking statements throughout the that means of the Non-public Securities Litigation Reform Act of 1995. Solidion Expertise Inc. (NASDAQ: STI) (the “Firm,” “Solidion,” “we,” “our” or “us”) wishes to benefit from the secure harbor provisions of the Non-public Securities Litigation Reform Act of 1995 and is together with this cautionary assertion in reference to this secure harbor laws. The phrases “forecasts,” “consider,” “could,” “estimate,” “proceed,” “anticipate,” “intend,” “ought to,” “plan,” “might,” “goal,” “potential,” “is probably going,” “anticipate,” and comparable expressions, as they relate to us, are meant to determine forward-looking statements. We undertake no obligation to publicly replace any forward-looking statements, whether or not on account of new info, future developments, or in any other case, besides as could also be required by legislation.
Contact:
jaymes@solidiontech.com
