From GlobeNewswire: 2024-04-12 09:00:00

Solidion Technology, Inc. announced completion of a business combination with Honeycomb Battery Company, with shares trading on Nasdaq Global from February 2, 2024. Financial results show net income before tax provision at $287,102 for 2023. Solidion’s focus on battery materials and components aims to address energy storage needs across various transportation sectors. Visit their website for more information.

Solidion Technology, a leading battery solutions provider, conducted a business combination with Honeycomb Battery Company, commencing trading on Nasdaq Global on February 2, 2024, under the ticker symbol “STI.” The company’s financial results for 2023 indicate a net income before tax provision of $287,102, not including an $18.5 million change in fair value of derivative asset/liability.

As a newly public company, Solidion Technology, Inc. revealed net income of $287,102 before tax provision for the full year 2023. Initiatives include delivering synthetic graphite and patented battery technology for energy storage and electric vehicles across different transportation sectors. Stay updated on their progress as they strive to provide advanced battery solutions.

Solidion Technology, Inc., completed a successful business combination with Honeycomb Battery Company, leading to shares trading on Nasdaq Global under the ticker symbol “STI.” Their financial and operating results for 2023 showed net income before tax provision of $287,102. Solidion focuses on delivering advanced battery materials and technological solutions to meet evolving energy needs.

Solidion Technology, Inc., wrapped up a business combination with Honeycomb Battery Company, entering the Nasdaq Global market on February 2, 2024. Financial results for the full year 2023 reported a net income before tax provision of $287,102. The company specializes in developing battery materials and components for energy storage systems and electric vehicles in various transportation sectors.



Read more at GlobeNewswire:: Solidion Technology Reports Results for Full Year 2023