[144] Solidion Technology, Inc. SEC Filing
Form 144 notice for Solidion Technology, Inc. (STI) reports a proposed sale of 30,000 shares of common stock through broker Stifel Nicolaus & Company Inc. The filing shows the shares were acquired on 02/02/2024 in a SPAC merger and the filer lists an aggregate market value of $161,484.00 for the proposed sale with an approximate sale date of 09/10/2025 on Nasdaq. The filer also reported three small open-market sales in June 2025 totaling 11,087 shares for gross proceeds of $37,955.00. The notice includes the standard representation that the seller is unaware of undisclosed material adverse information.
- Transparent disclosure of proposed sale quantity (30,000 shares), acquisition date (02/02/2024), and nature of acquisition (SPAC merger)
- Reports recent sales in June 2025 with exact amounts and gross proceeds, increasing market transparency
- Issuer and filer identifying details (CIK/CCC and full issuer address/SEC file number) are missing from the provided content, reducing completeness
- Material context such as reason for sale or relation of seller to issuer is not provided in the content
Insights
TL;DR: Insider-originated sale following SPAC merger, modest in size relative to outstanding shares.
The notice documents a planned sale of 30,000 shares acquired in a SPAC merger and lists 2,774,305 shares outstanding, implying the proposed sale is a small percentage of total shares outstanding. The filing also discloses recent small sales in June 2025 totaling 11,087 shares and $37,955 gross proceeds. This is routine compliance under Rule 144 and provides transparency about insider liquidity without indicating undisclosed adverse information.
TL;DR: Proper Rule 144 disclosure of insider sale activity; standard certification on material information included.
The form shows acquisition via SPAC merger and subsequent planned and recent sales, which meet disclosure expectations. The seller attests no undisclosed material adverse information. The filing lacks issuer contact details and filer CIK/CCC in the provided content, limiting completeness but not the core Rule 144 disclosure of intended sales.