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Solidion Technology (NASDAQ: STI) Sees no Basis to Increase Its Offer to Polar Power, Inc. (NASDAQ: POLA) in Response to Board Rejection of All-Cash Asset Acquisition Proposal
Solidion reaffirms its disciplined acquisition strategy and responds to Polar Power''s board rejection of the all-cash asset acquisition proposal, warning Polar Power shareholders that the company is "severely distressed": "Our acquisition proposals are not personal, nor are our valuations meant to diminish the technology, people or opportunities of the companies we evaluate," said Jaymes Winters, Chairman and CEO of Solidion Technology. "Our offers and valuations are the product of disciplined financial modeling, due diligence and our assessment of both the value of the assets and the capital and execution required to realize their potential. We will continue to make offers based on those fundamentals, and we will not overpay to simply complete a transaction."
Read moreSolidion Technology (NASDAQ: STI) Remains Firm on Flux Power (NASDAQ: FLUX) Below Market Offer in Response to Flux Board Rejection
Solidion sees no basis to increase its offer as Flux Power continues to face highly dilutive financing requirements, regulatory issues, and default risk. Responding to the Flux Power Board's decision to reject Solidion's previously announced acquisition proposal, Solidion considers its bid to be best and final: "Solidion strongly disagrees with the Flux Power Board's assertion that its proposal 'significantly undervalues' the company," said Jaymes Winters, Chairman and CEO of Solidion Technology. "This offer takes into account the capital and execution required to stabilize the business, and Solidion has no intention of increasing its offer at this time."
Read moreSolidion Technology Issues Open Letter to Flux Power Inc. (NASDAQ: FLUX) Shareholders
Solidion proposes to acquire Flux Power Inc. in an all-cash deal and has issued an open letter to Flux shareholders regarding the proposed transaction.
Read moreSolidion Technology Chairman and CEO Jaymes Winters Justifies Below Market Acquisition Price for Flux Power, Inc. (Nasdaq: FLUX)
Solidion has significant concerns about any proposed financing arrangements that Flux Power would enter into within the next 60 days, given their stock price and trading volume. "The Board of Directors and Management of Flux Power have a fiduciary duty to protect their shareholders," said Jaymes Winters, Chairman and CEO of Solidion Technology. "Simple math would tell you that a $4 million financing facility at Flux's current market cap and bid price would be infinitely less superior than what Solidion is offering. I therefore encourage all Flux shareholders to make themselves heard."
Read moreSolidion Technology Announces Annual Meeting of Shareholders on November 18, 2026
Solidion Technology Inc. has announced that it will hold its annual meeting of shareholders on November 18th, 2026.
Read moreSolidion Technology Board Appoints Jaymes Winters as Chairman and CEO; Mark Schwartz as Lead Independent Director
Official Solidion Technology announcement published 2026-09-21.
Read moreSolidion Technology Announces Purchase of Shares by Chairman and CEO Jaymes Winters, CFO Vlad Prantsevich, Board Member Karin-Joyce Tjon
Official Solidion Technology announcement published 2026-09-21.
Read moreSolidion Technology Announces Stock Buyback Program
Official Solidion Technology announcement published 2026-09-14.
Read moreSolidion Technology Appoints Three New Independent Directors and Updates Board Committees
Solidion strengthens its board with three new independent directors and refreshed committee assignments.
Read moreSolidion Technology, Inc. Appoints Three New Independent Directors to Its Board of Directors And Updates Its Board Committees
Official Solidion Technology announcement published 2026-08-31.
Read moreSolidion Technology Achieves Dramatic Balance Sheet Improvement, Increased Revenues
Official Solidion Technology announcement published 2026-08-06.
Read moreSolidion Technology Achieves Dramatic Balance Sheet Improvement, Increased Revenues
Solidion reports a materially strengthened balance sheet alongside increased revenues.
Read moreSolidion Technology (Nasdaq: STI) Adopts SpaceX-Focused Treasury Strategy for Corporate Cash Reserves
Official Solidion Technology announcement published 2026-06-29.
Read moreSolidion Technology Adopts SpaceX-Focused Treasury Strategy for Corporate Cash Reserves
Solidion adopts a SpaceX-focused treasury strategy for its corporate cash reserves.
Read moreSolidion Technology Withdraws Previously Filed Registration Statement
Official Solidion Technology announcement published 2026-06-10.
Read moreSolidion Technology Announces Closing of $35 Million Private Placement of Common Stock Priced Above Market Under Nasdaq Rules
Official Solidion Technology announcement published 2026-06-10.
Read moreSolidion Technology Announces Closing of $35 Million Private Placement
Solidion closes a $35 million private placement to fund commercialization and growth.
Read moreSolidion Technology Announces $35 Million Private Placement of Common Stock Priced Above Market Under Nasdaq Rules
Official Solidion Technology announcement published 2026-06-08.
Read moreSolidion Technology Granted 7 New Patents on Composite Anode Materials For Batteries Targeting Humanoid Robots, Space-Based Artificial Intelligence Data Centers and the Lunar Economy
Official Solidion Technology announcement published 2026-06-08.
Read moreSolidion Technology's 30+ Patents for Space-Based Artificial Intelligence Batteries Include the Highest-Performing Patented Lithium Anode Protection Technology
Official Solidion Technology announcement published 2026-06-05.
Read moreSolidion Technology Unveils Patented Extreme-Climate Battery Technology Targeting Low Earth Orbit-Based Artificial Intelligence Data Centers, Lunar Economy, and Space
Official Solidion Technology announcement published 2026-06-04.
Read moreSolidion Technology Marks Commercial Milestone with First-Ever Quarterly Revenue
Official Solidion Technology announcement published 2026-05-21.
Read moreSolidion Technology's Largest Shareholder to Provide Immediate Liquidity Support to the Company
Official Solidion Technology announcement published 2026-04-28.
Read moreSolidion Technology Plans to File Section 337 Tariff Act Complaint Against Global Foreign Battery Manufacturers
Official Solidion Technology announcement published 2026-04-27.
Read moreSolidion Awarded Key Patents on Drop-In Solid-State Conversion Technology
Official Solidion Technology announcement published 2026-04-21.
Read moreSolidion Technology Enters into Binding Strategic Patent Monetization Agreement with Hilco Global
Official Solidion Technology announcement published 2026-04-20.
Read moreSolidion Technology Reports Full Year 2025 Financial and Operating Results
Official Solidion Technology announcement published 2026-04-15.
Read moreSolidion Technology Enters into Non-Binding Memorandum of Understanding to Supply Pouch Cells
Official Solidion Technology announcement published 2026-02-12.
Read moreSolidion Technology Awarded Its Third Grant From The U.S. Army STTR Program
Official Solidion Technology announcement published 2026-01-20.
Read moreSolidion Technology Awarded A Second Grant From The U.S. Department of Energy For Nuclear Reactors
Official Solidion Technology announcement published 2025-12-29.
Read moreSolidion Technology develops a new high-capacity, low-cost anode
Official Solidion Technology announcement published 2025-12-15.
Read moreSolidion Technology Awarded Grant From The U.S. Department of Energy
Official Solidion Technology announcement published 2025-11-21.
Read moreSolidion Technology Showcases High Performance Pouch Cell For Use in Drones and Unmanned Aerial Vehicles
Official Solidion Technology announcement published 2025-11-10.
Read moreSolidion Technology Regains NASDAQ Compliance
Official Solidion Technology announcement published 2025-10-31.
Read moreSolidion Technology Secures $1 Million Non-Dilutive Bridge Financing from Existing Shareholder
Official Solidion Technology announcement published 2025-10-30.
Read moreSolidion Technology Will Avoid Substantially Dilutive Share Sales
Official Solidion Technology announcement published 2025-10-14.
Read moreSolidion Technology Unveils Advanced UPS Battery System Tailored for AI Data Centers
Official Solidion Technology announcement published 2025-10-13.
Read moreSolidion Technology Eliminates 3.4 Million Warrants and Derivative Liabilities in Strategic Financing Restructuring
Official Solidion Technology announcement published 2025-10-08.
Read moreSolidion Technology (NASDAQ: STI) and Oak Ridge National Laboratory win 2025 R&D 100 Award for Breakthrough in Sustainable Graphite Production
Official Solidion Technology announcement published 2025-09-02.
Read moreSolidion is Out to Transform the Entire Lithium-ion Battery Industry
Official Solidion Technology announcement published 2025-05-08.
Read moreSolidion Technology Reached Major Milestones in Lithium-Sulfur Battery
Official Solidion Technology announcement published 2025-03-12.
Read moreSolidion Technology Inc. Granted Compliance Extension By NASDAQ
Official Solidion Technology announcement published 2025-03-06.
Read moreBreakthrough Silane-Free Silicon Anode Patents for High Energy Lithium-ion Batteries
Official Solidion Technology announcement published 2025-02-11.
Read moreSolidion Technology Inc. receives NASDAQ notice regaining compliance of Minimum Market Value of Publicly held shares and listed securities deficiency
Official Solidion Technology announcement published 2025-02-04.
Read moreSolidion Technology's Chief Science Officer Delivers Keynote at Prestigious Advanced Materials Summit in Abu Dhabi
Official Solidion Technology announcement published 2025-01-14.
Read moreSolidion Technology Partners with Taiwan based Giga Solar to develop U.S. battery market
Official Solidion Technology announcement published 2024-11-25.
Read moreSolidion Technology Reports Third Quarter 2024 Results
Official Solidion Technology announcement published 2024-11-19.
Read moreSolidion Technology Announces Strategic Bitcoin Allocation for Corporate Treasury
Official Solidion Technology announcement published 2024-11-14.
Read moreSolidion Technology Executes Strategic Memorandum of Understanding
Official Solidion Technology announcement published 2024-11-11.
Read moreSolidion Develops a Lithium Battery that can be Charged in 5 minutes With Key Newly Granted US Patent
Official Solidion Technology announcement published 2024-10-30.
Read moreSolidion Technology, Inc. Announces Pricing of $4 Million Private Placement
Official Solidion Technology announcement published 2024-08-30.
Read moreSolidion Offers Strategic Partnership Opportunities on Next-Gen EV Batteries
Official Solidion Technology announcement published 2024-08-26.
Read moreSolidion's Silicon/Graphene Anode Materials Validated by an EV OEM-Appointed Third Party
Official Solidion Technology announcement published 2024-08-21.
Read moreSolidion Granted 20 Patents on Next-Gen Batteries by the US Patent and Trademark Office During First 8 Months of 2024
Official Solidion Technology announcement published 2024-08-20.
Read moreSolidion Announces Inclusion in Russell 3000® Index
Official Solidion Technology announcement published 2024-07-01.
Read moreSolidion Ready to Expand Production Capacity of Silicon/Graphene Composite Anode Materials
Official Solidion Technology announcement published 2024-06-25.
Read more“Significant Technical Milestone”
Official Solidion Technology announcement published 2024-06-20.
Read moreSolidion Technology Reports Results for Q1 2024
Official Solidion Technology announcement published 2024-06-07.
Read moreSolidion Technology Announces Receipt of Expected Delinquency Notification Letter From Nasdaq Relating to Non-Compliance with Listing Rule 5250(c)(1)
Official Solidion Technology announcement published 2024-06-06.
Read moreSolidion's BEEP Platform Solves the Design and Manufacturing Issues of Solid-State Batteries
Official Solidion Technology announcement published 2024-05-07.
Read moreSolidion Technology Reports Results for Full Year 2023
Official Solidion Technology announcement published 2024-04-12.
Read moreWhy Is Solidion Technology (STI) Stock Up 55% Today?
Official Solidion Technology announcement published 2024-03-18.
Read moreSolidion Technology, Inc. Announces Pricing of $3.85 Million Private Placement
Official Solidion Technology announcement published 2024-03-14.
Read moreWhy Is Solidion Technology (STI) Stock Up 125% Today?
Official Solidion Technology announcement published 2024-03-11.
Read moreSolidion Technology's Lithium-Sulfur Batteries on a Launch Pad to Accelerate the Takeoff of the eVTOL Aircraft Industry
Official Solidion Technology announcement published 2024-03-06.
Read moreExtending the Driving Range without Increasing EV Weight? Yes, Solidion Technology, Inc. Provides Solutions
Official Solidion Technology announcement published 2024-02-27.
Read moreSolidion Technology, Inc. Provides Drop-in Solutions to the Production of Solid-State Batteries
Official Solidion Technology announcement published 2024-02-20.
Read moreSolidion Technology Inc. Ready to Produce Sustainable Graphite Anode Materials, a Key Component in Lithium-ion Batteries
Official Solidion Technology announcement published 2024-02-15.
Read moreHoneycomb Battery Company and Nubia Brand International Corp. Announce Closing of Business Combination
Official Solidion Technology announcement published 2024-02-02.
Read moreNUBIA BRAND INTERNATIONAL CORP. CONFIRMS PRIOR UPDATE ON REDEMPTION REVERSAL REQUESTS IN CONNECTION WITH CLOSING ITS BUSINESS COMBINATION
Official Solidion Technology announcement published 2024-01-23.
Read moreNUBIA BRAND INTERNATIONAL CORP. PROVIDES UPDATE ON REDEMPTION REVERSAL REQUESTS IN CONNECTION WITH CLOSING ITS BUSINESS COMBINATION
Official Solidion Technology announcement published 2024-01-11.
Read moreNubia Brand International Corp. Provides Update on Closing of the Business Combination with Honeycomb Battery Company
Official Solidion Technology announcement published 2024-01-08.
Read moreNubia Brand International Corp. Announces Stockholder Approval of Business Combination with Honeycomb Battery Company
Official Solidion Technology announcement published 2023-12-14.
Read moreNubia Brand International Corp. Announces Requests to Redeem Public Shares
Official Solidion Technology announcement published 2023-12-13.
Read moreNubia Brand International Corp. Announces Postponement of Special Meeting of Shareholders to Thursday, December 14, 2023 at 9:00 a.m. EDT
Official Solidion Technology announcement published 2023-12-11.
Read moreNubia Brand International Corp. Announces Postponement of Special Meeting of Shareholders to Tuesday, December 12, 2023 at 9:00 a.m. EDT
Official Solidion Technology announcement published 2023-11-30.
Read moreNubia Brand International Corp. Announces Postponement of Special Meeting of Shareholders
Official Solidion Technology announcement published 2023-11-21.
Read moreNubia Brand International Corp. Confirms Funding and Extension of Deadline to Complete Initial Business Combination
Official Solidion Technology announcement published 2023-03-17.
Read moreGlobal Graphene Group's Honeycomb Battery Company Announces Business Combination Agreement with Nasdaq-Listed Nubia Brand International Corp.
Official Solidion Technology announcement published 2023-02-16.
Read moreNubia Brand International Corp. Announces Closing of Upsized $123,500,000 Initial Public Offering Including Partial Exercise of Over-Allotment Option
Official Solidion Technology announcement published 2022-03-15.
Read moreNubia Brand International Corp. Announces Pricing of Upsized $110,000,000 Initial Public Offering
Official Solidion Technology announcement published 2022-03-11.
Read more