{"success":true,"data":{"pressRelease":{"id":"60619","rtpr_id":"nGNX3cLsQy","ticker":"STI","exchange":"NASDAQ","all_tickers":["STI"],"title":"Solidion Technology Announces Closing of $35 Million Private Placement of Common Stock Priced Above Market Under Nasdaq Rules","author":"Globe Newswire","published_at":"2026-06-10T20:05:00.485Z","article_body":"Proceeds fully fund the company through 2028 and will be used to accelerate\ncommercialization of Solidion’s patented Extreme-Climate Battery Technology\ntargeting the Lunar economy and space applications\n\nDALLAS, June 10, 2026 (GLOBE NEWSWIRE) -- Solidion Technology Inc. (\"Solidion\"\nor the \"Company\") (NASDAQ: STI), an advanced battery technology solutions\nprovider, today announced that it has closed its previously announced private\nplacement of 2,333,000 shares of common stock (or common stock equivalents)\npriced above market under Nasdaq rules. The offering resulted in gross\nproceeds of $35 million, before deducting offering expenses.\n\nThe Company intends to use the net proceeds from the offering to support the\ncommercialization of its patented Extreme-Climate Battery technology, fulfill\ncustomer demand, expand inventory, advance the building and testing of\nprototypes, and for working capital and general corporate purposes.\n\n“This financing further validates the market's growing recognition of\nSolidion's technology platform and strategic positioning,” said Jaymes\nWinters, Chief Executive Officer of Solidion Technology. “Our patented\nExtreme-Climate Battery technology and broader portfolio of next-generation\nenergy storage solutions position Solidion at the forefront of several rapidly\nemerging market opportunities. With more than two years of runway following\nthis financing, we are fully funded to advance commercialization and drive\nbattery technology innovation.”\n\nTitan Partners, a division of American Capital Partners, acted as the sole\nplacement agent for the offering.\n\nThe securities issued in the private placement described above have not been\nregistered under the Securities Act of 1933, as amended, and may not be\noffered or sold in the United States absent registration or an applicable\nexemption from registration requirements. The Company has agreed to file a\nresale registration statement with the SEC for purposes of registering the\nresale of the shares of common stock issued in connection with the private\nplacement.\n\nThis press release shall not constitute an offer to sell or the solicitation\nof an offer to buy nor shall there be any sale of these securities in any\nstate or jurisdiction in which such offer, solicitation or sale would be\nunlawful prior to registration or qualification under the securities laws of\nany such state or jurisdiction.\n\nAbout Solidion Technology, Inc.\n\nHeadquartered in Dallas, Texas, with pilot production facilities in Dayton,\nOhio, Solidion Technology (NASDAQ: STI) is an advanced battery technology\nsolutions provider focused on manufacturing next-generation battery materials\nand components, and developing high-performance batteries for energy storage,\nincluding UPS systems serving the AI data center market, electric vehicles,\nand aerospace applications. The Company holds a portfolio of over 385 patents,\ncovering innovations such as high-capacity, silane-gas-free and\ngraphene-enabled silicon anodes, biomass-based graphite, and advanced\nlithium-sulfur and lithium-metal technologies.\n\nFor more information, please visit www.solidiontech.com or contact Investor\nRelations at ir@solidiontech.com.\n\nCautionary Note Regarding Forward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995. Solidion Technology Inc.\n(NASDAQ: STI) (the \"Company,\" \"Solidion,\" \"we,\" \"our\" or \"us\") desires to\ntake advantage of the safe harbor provisions of the Private Securities\nLitigation Reform Act of 1995 and is including this cautionary statement in\nconnection with this safe harbor legislation. The words \"forecasts,\"\n\"believe,\" \"may,\" \"estimate,\" \"continue,\" \"anticipate,\" \"intend,\" \"should,\"\n\"plan,\" \"could,\" \"target,\" \"potential,\" \"is likely,\" \"expect,\" and similar\nexpressions, as they relate to us, are intended to identify forward-looking\nstatements. We undertake no obligation to publicly update any forward-looking\nstatements, whether as a result of new information, future developments, or\notherwise, except as may be required by law.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/48d135af-f51f-457d-8aae-e168285a21ab)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX3cLsQy","title":"Solidion Technology Announces Closing of $35 Million Private Placement of Common Stock Priced Above Market Under Nasdaq Rules","author":"Globe Newswire","ticker":"STI","created":"2026-06-10T20:05:00.485Z","tickers":["STI"],"exchange":"NASDAQ","article_body":"Proceeds fully fund the company through 2028 and will be used to accelerate\ncommercialization of Solidion’s patented Extreme-Climate Battery Technology\ntargeting the Lunar economy and space applications\n\nDALLAS, June 10, 2026 (GLOBE NEWSWIRE) -- Solidion Technology Inc. (\"Solidion\"\nor the \"Company\") (NASDAQ: STI), an advanced battery technology solutions\nprovider, today announced that it has closed its previously announced private\nplacement of 2,333,000 shares of common stock (or common stock equivalents)\npriced above market under Nasdaq rules. The offering resulted in gross\nproceeds of $35 million, before deducting offering expenses.\n\nThe Company intends to use the net proceeds from the offering to support the\ncommercialization of its patented Extreme-Climate Battery technology, fulfill\ncustomer demand, expand inventory, advance the building and testing of\nprototypes, and for working capital and general corporate purposes.\n\n“This financing further validates the market's growing recognition of\nSolidion's technology platform and strategic positioning,” said Jaymes\nWinters, Chief Executive Officer of Solidion Technology. “Our patented\nExtreme-Climate Battery technology and broader portfolio of next-generation\nenergy storage solutions position Solidion at the forefront of several rapidly\nemerging market opportunities. With more than two years of runway following\nthis financing, we are fully funded to advance commercialization and drive\nbattery technology innovation.”\n\nTitan Partners, a division of American Capital Partners, acted as the sole\nplacement agent for the offering.\n\nThe securities issued in the private placement described above have not been\nregistered under the Securities Act of 1933, as amended, and may not be\noffered or sold in the United States absent registration or an applicable\nexemption from registration requirements. The Company has agreed to file a\nresale registration statement with the SEC for purposes of registering the\nresale of the shares of common stock issued in connection with the private\nplacement.\n\nThis press release shall not constitute an offer to sell or the solicitation\nof an offer to buy nor shall there be any sale of these securities in any\nstate or jurisdiction in which such offer, solicitation or sale would be\nunlawful prior to registration or qualification under the securities laws of\nany such state or jurisdiction.\n\nAbout Solidion Technology, Inc.\n\nHeadquartered in Dallas, Texas, with pilot production facilities in Dayton,\nOhio, Solidion Technology (NASDAQ: STI) is an advanced battery technology\nsolutions provider focused on manufacturing next-generation battery materials\nand components, and developing high-performance batteries for energy storage,\nincluding UPS systems serving the AI data center market, electric vehicles,\nand aerospace applications. The Company holds a portfolio of over 385 patents,\ncovering innovations such as high-capacity, silane-gas-free and\ngraphene-enabled silicon anodes, biomass-based graphite, and advanced\nlithium-sulfur and lithium-metal technologies.\n\nFor more information, please visit www.solidiontech.com or contact Investor\nRelations at ir@solidiontech.com.\n\nCautionary Note Regarding Forward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995. Solidion Technology Inc.\n(NASDAQ: STI) (the \"Company,\" \"Solidion,\" \"we,\" \"our\" or \"us\") desires to\ntake advantage of the safe harbor provisions of the Private Securities\nLitigation Reform Act of 1995 and is including this cautionary statement in\nconnection with this safe harbor legislation. The words \"forecasts,\"\n\"believe,\" \"may,\" \"estimate,\" \"continue,\" \"anticipate,\" \"intend,\" \"should,\"\n\"plan,\" \"could,\" \"target,\" \"potential,\" \"is likely,\" \"expect,\" and similar\nexpressions, as they relate to us, are intended to identify forward-looking\nstatements. We undertake no obligation to publicly update any forward-looking\nstatements, whether as a result of new information, future developments, or\notherwise, except as may be required by law.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/48d135af-f51f-457d-8aae-e168285a21ab)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-10T20:05:00.606856019Z","server_sent_at_ms":1781121900606},"received_at":"2026-06-10T20:05:00.773Z","source_url":null},"analysis":{"id":"50049","press_release_id":"60619","analysis_json":{"industry":{"label":"Electrical Equipment","sector":"Industrials"},"redFlags":[],"eventType":"offering","narrative":"Solidion Technology closed a $35 million private placement of 2.33 million shares of common stock, pricing the deal above market under Nasdaq rules.\n\nProceeds fully fund the company through 2028 and will be used to accelerate the commercialization of its Extreme-Climate Battery technology and expand inventory.\n\nTitan Partners, a division of American Capital Partners, acted as the sole placement agent for the offering.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Solidion secures $35M above market, fully funded through 2028 for battery tech ramp."},"keyFigures":{"dealValueUsd":35000000,"sharesOffered":2333000,"customDimensions":{"runway":"through 2028"}},"quotedText":"With more than two years of runway following this financing, we are fully funded to advance commercialization and drive battery technology innovation.","namedEntities":{"people":[{"name":"Jaymes Winters","role":"Chief Executive Officer"}],"products":["Extreme-Climate Battery Technology","UPS systems","silicon anodes","graphene-enabled silicon anodes","biomass-based graphite","lithium-sulfur","lithium-metal"],"companies":[{"name":"Solidion Technology Inc.","ticker":"STI"},{"name":"Titan Partners","relationship":"sole placement agent"},{"name":"American Capital Partners","relationship":"parent of placement agent"}],"dollarAmounts":[{"amount":"$35 million","context":"gross proceeds of private placement"}]},"materialImpact":{"score":3,"reasoning":"The $35 million private placement extends the company's cash runway into 2028 and was priced above market, signaling strong investor demand. This significantly de-risks the near-term liquidity profile and funds commercialization efforts."},"tickerRelevance":{"others":[],"primary":"STI"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"private_placement","sectorWeight":"emerging_tech"}},"event_type":"offering","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Solidion Technology closed a $35 million private placement of 2.33 million shares of common stock, pricing the deal above market under Nasdaq rules.\n\nProceeds fully fund the company through 2028 and will be used to accelerate the commercialization of its Extreme-Climate Battery technology and expand inventory.\n\nTitan Partners, a division of American Capital Partners, acted as the sole placement agent for the offering.","key_figures":{"dealValueUsd":35000000,"sharesOffered":2333000,"customDimensions":{"runway":"through 2028"}},"named_entities":{"people":[{"name":"Jaymes Winters","role":"Chief Executive Officer"}],"products":["Extreme-Climate Battery Technology","UPS systems","silicon anodes","graphene-enabled silicon anodes","biomass-based graphite","lithium-sulfur","lithium-metal"],"companies":[{"name":"Solidion Technology Inc.","ticker":"STI"},{"name":"Titan Partners","relationship":"sole placement agent"},{"name":"American Capital Partners","relationship":"parent of placement agent"}],"dollarAmounts":[{"amount":"$35 million","context":"gross proceeds of private placement"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-10T20:11:58.225Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"private_placement","sectorWeight":"emerging_tech"}},"durationMs":121564,"modelName":"george-droid-qwen-72b"}}