Proceeds will fully fund the company through 2028 and will be used to accelerate the commercialization of Solidion’s patented Extreme-Climate Battery Technology, targeting the lunar economy and
applications in space
DALLAS, TX, June 7, 2026 (GLOBE NEWSWIRE) – Solidion Technology Inc. (“Solidion” or the “Company”) (NASDAQ: STI), a provider of advanced battery technology solutions, today announced that it has entered into a securities purchase agreement with a new institutional investor to purchase and sell 2,333,000 shares of its common stock (or common stock equivalents) in a private placement priced above market under Nasdaq rules. The offering is expected to result in gross proceeds of $35 million, before deducting offering expenses. The closing of the offering is expected to occur on or about June 9, 2026, subject to the satisfaction of customary closing conditions.
The Company intends to use the net proceeds from the offering to support commercialization of its proprietary Extreme-Climate Battery technology, meet customer demand, expand inventory, advance prototype construction and testing, and for working capital and general corporate purposes.
Titan Partners, a division of American Capital Partners, is acting as the sole placement agent for the offering.
The securities issued in the private placement described above have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Company has agreed to file a resale registration statement with the SEC for the purpose of registering the resale of the shares of common stock issued in connection with the private placement.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Solidion Technology, Inc.
Solidion Technology (NASDAQ: STI), headquartered in Dallas, Texas, with pilot manufacturing facilities in Dayton, Ohio, is a provider of advanced battery technology solutions focused on the production of next-generation battery materials and components, and the development of high-performance batteries for energy storage, including UPS systems serving the AI data center market, electric vehicles and aerospace applications. The company has a portfolio of more than 385 patents, covering innovations such as high-capacity silane gas-free and graphene-compatible silicon anodes, biomass-based graphite and advanced lithium-sulfur and lithium-metal technologies.
For more information please visit http://www.solidiontech.com or contact Investor Relations.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Solidion Technology Inc. (NASDAQ: STD) (the “Company”, “Solidion”, “we”, “our” or “us”) seeks to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor law. The words “predict,” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law.
Contact:
[email protected]
