Solidion Technology Announces $35 Million Private Placement of Common Stock Priced Above Market Under Nasdaq Rules

Solidion Technology (NASDAQ: STI) announced a $35 million private placement of 2.33 million shares priced above market, which will fully fund the company through 2028. The proceeds will accelerate commercialization of the company's Extreme-Climate Battery Technology for lunar and space applications, support customer demand, expand inventory, and advance prototype development.