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

Proceeds absolutely fund the corporate by way of 2028 and will probably be used to speed up commercialization of Solidion’s patented Excessive-Local weather Battery Expertise focusing on the Lunar economic system and
house functions

DALLAS, TX, June 07, 2026 (GLOBE NEWSWIRE) — Solidion Expertise Inc. (“Solidion” or the “Firm”) (NASDAQ: STI), a sophisticated battery know-how options supplier, at the moment introduced that it has entered right into a securities buy settlement with a brand new institutional investor for the acquisition and sale of two,333,000 shares of widespread inventory (or widespread inventory equivalents) in a personal placement priced above market underneath Nasdaq guidelines. The providing is predicted to end in gross proceeds of $35 million, earlier than deducting providing bills. The closing of the providing is predicted to happen on or about June 9, 2026, topic to the satisfaction of customary closing situations.

The Firm intends to make use of the web proceeds from the providing to assist the commercialization of its patented Excessive-Local weather Battery know-how, fulfill buyer demand, increase stock, advance the constructing and testing of prototypes, and for working capital and normal company functions.

Titan Companions, a division of American Capital Companions, is appearing as the only real placement agent for the providing.

The securities issued within the personal placement described above haven’t been registered underneath the Securities Act of 1933, as amended, and will not be supplied or bought in the US absent registration or an relevant exemption from registration necessities. The Firm has agreed to file a resale registration assertion with the SEC for functions of registering the resale of the shares of widespread inventory issued in reference to the personal placement.

This press launch shall not represent a suggestion to promote or the solicitation of a suggestion to purchase nor shall there be any sale of those securities in any state or jurisdiction wherein such provide, solicitation or sale could be illegal previous to registration or qualification underneath the securities legal guidelines of any such state or jurisdiction.

About Solidion Expertise, Inc.

Headquartered in Dallas, Texas, with pilot manufacturing services in Dayton, Ohio, Solidion Expertise (NASDAQ: STI) is a sophisticated battery know-how options supplier targeted on manufacturing next-generation battery supplies and elements, and growing high-performance batteries for vitality storage, together with UPS methods serving the AI information middle market, electrical automobiles, and aerospace functions. The Firm holds a portfolio of over 385 patents, protecting improvements resembling high-capacity, silane-gas-free and graphene-enabled silicon anodes, biomass-based graphite, and superior lithium-sulfur and lithium-metal applied sciences.

For extra info, please go to http://www.solidiontech.com or contact Investor Relations.

Cautionary Be aware Concerning Ahead-Wanting Statements

This press launch comprises forward-looking statements inside the which means of the Non-public Securities Litigation Reform Act of 1995. Solidion Expertise Inc. (NASDAQ: STI) (the “Firm,” “Solidion,” “we,” “our” or “us”) needs to reap the benefits of the protected harbor provisions of the Non-public Securities Litigation Reform Act of 1995 and is together with this cautionary assertion in reference to this protected harbor laws. The phrases “forecasts,” “imagine,” “could,” “estimate,” “proceed,” “anticipate,” “intend,” “ought to,” “plan,” “might,” “goal,” “potential,” “is probably going,” “count on,” and comparable expressions, as they relate to us, are supposed to determine forward-looking statements. We undertake no obligation to publicly replace any forward-looking statements, whether or not because of new info, future developments, or in any other case, besides as could also be required by regulation.

Contact:
jaymes@solidiontech.com