Solidion Technology Inc

SunTrust Banks, Inc. is a bank and financial holding company that engages in the provision of financial services. It offers deposit, credit, mortgage banking, trust and investment, asset management, securities brokerage, and capital market services. It operates through the following segments: Consumer, Wholesale, and Corporate Other. The Consumer segment consists of consumer banking, lending, wealth management, and mortgage banking services. The Wholesale segment relates to advisory, capital raising, and financial risk management; commercial and business banking, commercial real estate; as well as treasury and payment solutions. The Corporate Other segment covers management of the company's investment securities portfolio, long-term debt, end user derivative instruments, short-term liquidity and funding activities, balance sheet risk management, and most real estate assets. The company was founded in July 12, 1984 and is headquartered in Atlanta, GA.

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Solidion Technology, Inc. engages in researching, developing and manufacturing battery components and materials, batteries and related energy storage products for the automotive electric vehicle and other markets. The company was founded on June 30, 2023 and is headquartered in Dallas, TX.

DALLAS , Nov. 19, 2024 /PRNewswire/ -- Solidion Technology, Inc. (NASDAQ: STI), an advanced silicon anode and battery technology materials provider (the "Company" or "Solidion"), today announced its operational and financial results for the third quarter of 2024. Previously Announced Recent Business Highlights    Technological Advancements: Developed and secured a newly granted U.S. patent for technology enabling 5-minute charging of lithium batteries across all climates, overcoming a key barrier to electric vehicle ("EV") adoption by ensuring fast, safe, and weather-independent charging.

Solidion Technology Reports Third Quarter 2024 Results

DALLAS , Nov. 14, 2024 /PRNewswire/ -- Solidion Technology, Inc. (NASDAQ: STI), an advanced battery materials provider, today announced a major step forward in its corporate treasury strategy by allocating a significant portion of its excess cash reserves to Bitcoin. This move, alongside the broader pro-Bitcoin environment influenced by the recent election of a pro-crypto administration, solidifies the company's long-term belief in Bitcoin's role as a store of value and a strategic asset.

Solidion Technology Announces Strategic Bitcoin Allocation for Corporate Treasury

Collaboration will Leverage Solidion's Patent Portfolio and Drive U.S. Manufacturing DALLAS , Nov. 11, 2024 /PRNewswire/ -- Solidion Technology, Inc. (NASDAQ: STI), an advanced battery technology solutions provider, today announced a strategic Memorandum of Understanding with Bluestar Materials Company of Taiwan . This agreement will leverage Solidion's patent portfolio and accelerate the commercialization of its anode technology, including its recently disclosed technology that allow lithium batteries to be charged in 5 minutes.

Solidion Technology Executes Strategic Memorandum of Understanding

DAYTON, Ohio, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Solidion Technology, Inc. (ticker “STI”), an advanced battery technology solutions provider, today announced that its battery scientists have successfully developed a cost-effective strategy for enabling completion of charging in 5 minutes for a wide range of lithium batteries. Range anxiety, the fear that an electric vehicle (EV) may run out of battery power during a trip, has long been regarded as a key reason for consumers' reluctance to adopt EVs.

Solidion Develops a Lithium Battery that can be Charged in 5 minutes With Key Newly Granted US Patent

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 Technology, Inc. Announces Pricing of $4 Million Private Placement

Solidion's advanced lithium-sulfur battery technologies are designed to double the EV driving range without increasing the battery weight Solidion's advanced lithium-sulfur battery technologies are designed to double the EV driving range without increasing the battery weight

Solidion Offers Strategic Partnership Opportunities on Next-Gen EV Batteries

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

Solidion's Silicon/Graphene Anode Materials Validated by an EV OEM-Appointed Third Party

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

Solidion Granted 20 Patents on Next-Gen Batteries by the US Patent and Trademark Office During First 8 Months of 2024

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.

Solidion Announces Inclusion in Russell 3000® Index

DAYTON, Ohio, June 25, 2024 (GLOBE NEWSWIRE) -- Solidion Technology, Inc. (NASDAQ ticker symbol “STI”), an advanced battery technology solutions provider, today announced its plan to begin expanding the production capacity of silicon-rich graphene composite materials in early 2025. The amount of energy that a lithium-ion battery can supply to an electric vehicle (EV) is limited by the amount of charges stored in its anode and cathode materials.

Solidion Ready to Expand Production Capacity of Silicon/Graphene Composite Anode Materials

DAYTON, Ohio, June 20, 2024 (GLOBE NEWSWIRE) -- Solidion Technology, Inc. (Nasdaq: STI), an advanced battery technology solutions provider, achieved a “significant technical milestone” related to its commercialization of graphite anode to be used in Electric Vehicle (EV) batteries. Independent tests conducted for potential EV partners indicate the company's proprietary graphite anode technology would have amongst the highest specific capacity of any competing graphite based anode currently available, synthetic or natural.

“Significant Technical Milestone”

Successful completion of merger Shares commenced trading on Nasdaq Global Market 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”).

Solidion Technology Reports Results for Q1 2024

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”).

Solidion Technology Announces Receipt of Expected Delinquency Notification Letter From Nasdaq Relating to Non-Compliance with Listing Rule 5250(c)(1)

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

Solidion's BEEP Platform Solves the Design and Manufacturing Issues of Solid-State Batteries

Successful completion of business combination with Honeycomb Battery Company Shares commenced trading on Nasdaq Global on February 2, 2024 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”).

Solidion Technology Reports Results for Full Year 2023

Solidion Technology (NASDAQ: STI ) stock is taking off on Monday alongside heavy trading of the battery materials company's shares. That has more than 2.3 million shares of STI stock changing hands as of this writing.

Why Is Solidion Technology (STI) Stock Up 55% Today?

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.

Solidion Technology, Inc. Announces Pricing of $3.85 Million Private Placement

Inpixon

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Advanced battery technology solutions provider Solidion Technology (NASDAQ: STI ) ranked among Monday's top performers, likely due to enthusiasm over its electric vertical takeoff and landing (eVTOL) aircraft business. Given enthusiasm over clean transportation, STI stock represents the latest in speculative wagers for the burgeoning industry.

Why Is Solidion Technology (STI) Stock Up 125% Today?

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.

Solidion Technology's Lithium-Sulfur Batteries on a Launch Pad to Accelerate the Takeoff of the eVTOL Aircraft Industry

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.

Extending the Driving Range without Increasing EV Weight? Yes, Solidion Technology, Inc. Provides Solutions

DAYTON, Ohio, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Solidion Technology, Inc. (NASDAQ: STI), 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.

Solidion Technology, Inc. Provides Drop-in Solutions to the Production of Solid-State Batteries

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 plans to build a graphite production facility in the Southeast United States with an initial capacity of 10,000 metric tons per annum (MTA) by the end of 2026, which will be expanded to ~180,000 MTA by 2030 to fulfill the growing domestic demand.

Solidion Technology Inc. Ready to Produce Sustainable Graphite Anode Materials, a Key Component in Lithium-ion Batteries

Nubia Brand International Corp

DALLAS, TX., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Honeycomb Battery Company (“Honeycomb”), a leading battery materials supplier, today announced the completion of its previously announced business combination with Nubia Brand International Corp. (“Nubia”), a special purpose acquisition company led by an African-American/Latino sponsor group. The transaction was approved at a special meeting of Nubia's stockholders on December 14, 2023.

News for Solidion Technology Inc Stock (STI)