Solidion Technology Secures $1 Million Non-Dilutive Bridge Financing from Existing Shareholder

Rhea-AI Summary

Solidion Technology (Nasdaq: STI) announced a $1,000,000 non-dilutive bridge financing from an existing major shareholder on October 30, 2025. The company said the facility provides additional working capital to support growth initiatives while avoiding shareholder dilution. Management framed the deal as a vote of confidence from long‑term investors and said the company will continue to prioritize disciplined capital management and strategic partners as it scales pilot production and expands EV, data center and energy storage customer relationships.

Positive

• $1.0M non-dilutive bridge financing provides working capital
• Avoids dilution for existing shareholders
• Investor confidence signaled by major shareholder participation
• Supports scaling pilot production and commercialization roadmap

Negative

• Bridge financing is short-term debt and likely requires repayment or refinancing
• Financing size ($1M) may be limited for large-scale commercialization needs
• No disclosed terms or timeline for repayment or maturity in announcement

Company Reaffirms Commitment to Protect Shareholder Value and Pursue Strategic, Long-Term Capital Partners

DALLAS, Oct. 30, 2025 /PRNewswire/ -- Solidion Technology Inc. (Nasdaq: STI), an advanced battery technology solutions provider, today announced that it has entered into a $1,000,000 non-dilutive bridge financing facility with one of its major shareholders.

This financing provides additional working capital to support Solidion's ongoing growth initiatives while avoiding dilution to existing shareholders.

Jaymes Winters, Chief Executive Officer of Solidion Technology, stated:

"This transaction demonstrates confidence from our long-term investors and reinforces our commitment to disciplined capital management. We intend to continue avoiding highly dilutive financing structures and will focus on partnerships that align with our long-term growth strategy."

Solidion continues to advance its commercialization roadmap, including scaling pilot production capacity, developing strategic partnerships, and expanding customer relationships across the electric vehicle (EV), data center and energy storage sectors.

About Solidion Technology, Inc.

Headquartered in Dallas, Texas with pilot production facilities in Dayton, Ohio, Solidion's (NASDAQ: STI) core business includes manufacturing of battery materials and components, as well as development and production of next-generation batteries for energy storage systems, including UPS systems serving the artificial intelligence (AI) data center market and electric vehicles for ground, aerospace, and sea transportation. Solidion holds a portfolio of over 525 patents, covering innovations such as high-capacity, silane gas free and graphene-enabled silicon anodes, biomass-based graphite, advanced lithium-sulfur and lithium-metal technologies.

For more information, please visit www.solidiontech.com or contact Investor Relations.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Solidion Technology Inc., (NASDAQ: STI) (the "Company," "Solidion," "we," "our" or "us") desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "forecasts," "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

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SOURCE Solidion Technology, Inc.

FAQ

What did Solidion Technology (STI) announce on October 30, 2025?

Solidion announced a $1,000,000 non-dilutive bridge financing from a major shareholder to provide additional working capital.

How does the $1,000,000 bridge financing affect STI shareholders?

The financing is non-dilutive, so it avoids issuing new shares and preserves existing ownership percentages.

Is the October 30, 2025 financing for Solidion (STI) debt or equity?

The company described it as a bridge financing, which is short-term debt rather than equity.

What will Solidion (STI) use the $1M bridge financing for?

The company said funds will support working capital needs tied to scaling pilot production and advancing commercialization initiatives.

Does the Solidion (STI) announcement disclose repayment terms for the $1M facility?

No— the announcement did not disclose specific repayment terms, maturity or interest details.

Does the $1M financing indicate investor confidence in Solidion (STI)?

Management stated the transaction demonstrates confidence from a long-term investor and supports disciplined capital management.