Successful Completion of Business Combination with Honeycomb Battery Company

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Solidion Technology, Inc. (formerly known as Nubia Brand International Corp.), an advanced battery technology solutions provider, has announced the successful completion of its business combination with Honeycomb Battery Company. The combined company commenced trading on the Nasdaq Global on February 2, 2024, under the ticker symbol “STI.”

Solidion has released its financial and operating results for the full year 2023. The unaudited consolidated financial statements can be found in Solidion’s Form 10-K, filed with the Securities and Exchange Commission on April 12, 2024. The company encourages investors to read the earnings release in conjunction with the Form 10-K for a comprehensive understanding of its performance.

Solidion’s CEO, Jaymes Winters, expressed that the earnings report marks an important milestone for the company as a public entity. Winters emphasized that Solidion is well-positioned to provide valuable synthetic graphite, advanced anode materials, and patented battery technology, addressing society’s energy needs. The company plans to update the market on its progress and execute its business plan, focusing on advanced battery materials and technological solutions.

Solidion’s core business includes manufacturing battery materials and components, as well as the development and production of next-generation batteries for energy storage systems and electric vehicles. The company offers advanced anode materials and three classes of solid-state batteries featuring advanced polymer-based solid electrolytes. These batteries can be manufactured at scale using existing lithium-ion cell production facilities, enabling faster time-to-market.

Solidion is headquartered in Dallas, Texas, with pilot production facilities in Dayton, Ohio. For more information, visit their website.

Contact information for investors and media inquiries can be found in the press release.

Solidion Technology, Inc. is an advanced battery technology solutions provider operating in the energy storage systems and electric vehicle industries. The company specializes in manufacturing battery materials and components, as well as developing and producing next-generation batteries. Solidion offers advanced anode materials and three classes of solid-state batteries with advanced polymer-based solid electrolytes.

The company’s primary focus is on providing valuable synthetic graphite, advanced anode materials, and patented battery technology to address society’s increasing energy needs. Solidion aims to contribute to the development of sustainable energy solutions by offering innovative battery materials and technological solutions.

Solidion’s financial and operating results for the full year 2023 have been released in their unaudited consolidated financial statements, which can be found in the Form 10-K filed with the Securities and Exchange Commission on April 12, 2024. Investors are encouraged to read the earnings release and Form 10-K for a comprehensive understanding of the company’s performance.

Solidion’s CEO, Jaymes Winters, expressed that the earnings report signifies an important milestone for the company as a public entity. Winters highlighted the company’s strong position in the market and its ability to meet the growing demand for advanced battery materials and technological solutions.

The company is headquartered in Dallas, Texas, with pilot production facilities located in Dayton, Ohio. Solidion is well-positioned to leverage its existing lithium-ion cell production facilities, enabling faster time-to-market for its advanced battery technologies.

For more information about Solidion Technology, Inc., including its products and offerings, please visit their website. Contact information for investors and media inquiries can be found in the accompanying press release.