$STI

Solidion Technology (NASDAQ:STI) reaffirmed its focus on AI data center battery systems, highlighting its PEAK Series UPS system with 5500 silicon-carbon anode cell technology. The company claims its system reduces UPS footprint by up to 30% and lasts three times longer than conventional systems. Solidion operates pilot facilities in Ohio and holds over 385 patents. The announcement comes as data centers face increasing power density demands from AI workloads.

Solidion Technology (STI) declined to raise its all-cash offer for Polar Power (POLA) assets after POLA's board rejected it. STI cited POLA's financial distress, including a $2M net loss and $2.2M cash burn in H1 2026, and NASDAQ non-compliance. POLA has until October 2026 to meet equity requirements. STI's CEO emphasized disciplined valuation in offers.

U.S. stocks rose midday, with the Dow up 0.20% and NASDAQ up 0.84%. ISM services PMI fell to 54.9 in September. Columbus Acquisition (SAIQ) surged 286% post-SPAC merger, Vaxcyte (PCVX) up 40% on trial results, and HeartBeam (BEAT) up 70% after FDA designation. Camping World (CWH) down 10% on EBITDA guidance cut.

Solidion Technology (STI) maintains its acquisition offer for Flux Power (FLUX) despite the latter's board rejection. STI argues its bid accounts for Flux's financial challenges, including capital needs and regulatory issues. Flux requires $10M in fresh capital to avoid dilution. STI believes Flux shareholders deserve transparency on the company's going concern status.

Flux Power (FLUX) rejected an acquisition offer from Solidion (STI), citing undervaluation. The company reported a 33% reduction in operating expenses and new certifications. Flux Power is exploring financing options and strategic partnerships, while highlighting growth in lithium-ion battery demand.

Solidion Technology (NASDAQ: STI) proposed acquiring Flux Power (NASDAQ: FLUX) in an all-cash deal, citing Flux's declining financial performance and need for management change. Solidion claims Flux's stock price does not reflect impending dilution. Flux reported a 37% revenue decline in fiscal 2026 and faces liquidity challenges. Solidion aims to bring financial discipline and operational improvements. Flux's management and board have not engaged constructively, according to Solidion.

Solidion Technology (NASDAQ: STI) reported that its CEO, CFO, and a board member purchased additional shares. CEO Jaymes Winters bought 984 shares at $7.11, CFO Vlad Prantsevich acquired 1,030 shares at $7.13, and board member Karin-Joyce Tjon purchased 5,000 shares at $7.20. These transactions increased their respective holdings in the advanced battery technology company.

Solidion Technology (STI) announced leadership changes, appointing Jaymes Winters as Chairman and CEO, and Mark Schwartz as Lead Independent Director. The moves aim to align strategic priorities and governance. Winters brings extensive M&A experience, while Schwartz offers broad leadership expertise. Dr. Bor Jang steps down as Chairman but remains a Director. Solidion develops advanced battery technologies for various applications.

Solidion Technology (STI) appointed Kimi L. Ellen, Mark N. Schwartz, and Dante W. Robinson as independent directors, effective August 31. Each brings expertise in finance, audit, and governance. The additions strengthen the board's committees as the company advances its battery technology strategy. The board now has seven members, a majority of whom are independent.

Solidion Technology Inc. (STI) filed an SEC Form 8-K — Regulation FD Disclosure. Exhibit 99.1 Solidion Technology Board Appoints Jaymes Winters as Chairman and CEO; Mark Schwartz as Lead Independent Director New Designations Designed to Strengthen Leadership Structure to Advance Strategic Priorities and Execution DALLAS, Texas. September 18, 2026 – Solidion T