Solidion Technology Withdraws Previously Filed Registration Statement

Solidion Technology (NASDAQ: STI) said it closed a $35 million private placement of 2,333,000 shares of common stock priced above market under Nasdaq rules. The company will use net proceeds to fund commercialization of its Extreme-Climate Battery technology, meet customer demand, expand inventory, advance prototypes, and for working capital. Titan Partners acted as sole placement agent.

Solidion Technology (NASDAQ:STI) said it received seven new U.S. patents covering its silicon anode materials, bringing its U.S. anode-material patent portfolio to 130. The company said its silane-free, porous graphene ball process can hold up to 90% silicon and targets safety, cost, and supply issues. The patent update follows a $35 million private placement; Solidion plans to sell 2,333,000 shares priced above market under Nasdaq rules, with proceeds funding operations through 2028.

Solidion Technology (NASDAQ: STI) said it will sell 2,333,000 shares of common stock (or equivalents) in a private placement to a new institutional investor at a price above market under Nasdaq rules. Gross proceeds are expected to total $35 million, with closing on or about June 9, 2026. The company plans to use net proceeds to fund commercialization, prototypes, customer demand, inventory, and working capital.

Solidion Technology (NASDAQ: STI) said it has patented lithium metal anode protection technology backed by 30+ patents, aimed at enabling commercialization of lithium-sulfur, lithium-air, and anodeless lithium metal batteries. The platform targets three issues: electrolyte-lithium reactions, lithium dendrites causing shorts/thermal runaway, and performance loss from gaps. Solidion links the tech to power for satellites, LEO AI data centers, spacecraft, and lunar infrastructure.

Solidion Technology (NASDAQ: STI) said it announced a patented lithium metal anode protection platform, backed by 30+ patents, aimed at enabling commercialization of lithium-sulfur, lithium-air, and anodeless lithium metal batteries. The company says the technology targets electrolyte reactions, lithium dendrites causing shorts, and performance losses from gaps. It cited applications in satellites, LEO AI data centers, and lunar infrastructure.

Solidion Technology Inc. (NASDAQ:STI) shares rose sharply after an announcement, with the stock up 356.94% intraday to $22.71 and up 6.47% to $24.18 in after-hours Thursday, according to Benzinga Pro. The company’s short interest is 2.40%, suggesting the move was not mainly a short squeeze. STI has a $175.90M market cap and RSI of 92.64.