# Solidion Technology Inc. (STI) — capital_raise/private_placement [announced]
Source: SEC API (secapi.ai) · situation sit_4baea0d54df9b7c42db9 · retrieved 2026-08-16T21:07:04.675Z

## Overview
Solidion Technology Inc. is an advanced battery technology solutions provider that manufactures battery materials and components and develops next-generation batteries for energy storage systems, including UPS systems for AI data centers and electric vehicles, holding a portfolio of over 385 patents.

Solidion Technology Inc. announced a private placement on June 7, 2026, with a new institutional investor for 750,000 shares of common stock and pre-funded warrants to purchase 1,583,000 shares, priced above market under Nasdaq rules. The transaction generated $35 million in gross proceeds and closed on June 9, 2026. Net proceeds are earmarked to accelerate commercialization of the Company's patented Extreme-Climate Battery technology, fulfill customer demand, expand inventory, advance prototype development, and support general working capital needs. Titan Partners, a division of American Capital Partners, served as sole placement agent. The completion of this private placement alleviated the substantial doubt about the Company's ability to continue as a going concern previously disclosed.

## Terms
- Counterparty: New institutional investor · Deal value: $35.0M · Consideration: mixed

## Key dates
- Announced 2026-08-12

## Timeline
- 2026-08-12 · 8-K (0001213900-26-088394): 8-K - Solidion Technology Inc. — *Solidion Technology Inc. is an advanced battery technology solutions provider that manufactures battery materials and components and develops next-generation batteries for energy storage systems, including UPS systems for AI data centers and electric vehicles, holding a portfolio of over 385 patents.* Solidion Technology Inc. announced a private placement on June 7, 2026, with a new institutional investor for 750,000 shares of common stock and pre-funded warrants to purchase 1,583,000 shares, priced above market under Nasdaq rules. The transaction generated $35 million in gross proceeds and closed on June 9, 2026. Net proceeds are earmarked to accelerate commercialization of the Company's patented Extreme-Climate Battery technology, fulfill customer demand, expand inventory, advance prototype development, and support general working capital needs. Titan Partners, a division of American Capital Partners, served as sole placement agent. The completion of this private placement alleviated the substantial doubt about the Company's ability to continue as a going concern previously disclosed.
  https://www.sec.gov/Archives/edgar/data/1881551/0001213900-26-088394.txt

## Citations
- 0001213900-26-088394 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026088394