Solidion (STI) Form 4: 450,000 Earn‑Out Shares Acquired at $5.08
Rhea-AI Filing Summary
Solidion Technology (STI): A reporting person identified as a 10% owner reported acquiring 450,000 shares of common stock on 10/09/2025 under transaction code J. The filing states this was pursuant to an earn-out provision tied to a prior merger agreement, after the board approved deeming the earn-out conditions satisfied.
The shares were recorded at a $5.08 price in the table. Following the transaction, the reporting person beneficially owned 1,756,013 shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 450,000 shares
Other
1 txn
Insider
Global Graphene Group, Inc.
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 450,000 | $5.08 | $2.29M |
Holdings After Transaction:
Common Stock — 1,756,013 shares (Direct)
Footnotes (1)
- F1. On the Transaction Date, the reporting person became entitled to receive 450,000 shares of the Issuer's common stock pursuant to an "earn-out" provision in the merger agreement among Nubia Brand International Corp., Honeycomb Battery Company (a subsidiary of the reporting person prior to the business combination involving the Issuer), and Nubia Merger Sub, Inc., dated as of February 2, 2024, following the approval by the board of directors of the Issuer to deem the earn-out conditions satisfied in full in light of, among other things, the Issuer's capital structure and the ongoing shared services agreement between the Reporting Person and the Issuer.
FAQ
What did STI's Form 4 report?
A 10% owner acquired 450,000 shares of Solidion Technology common stock on 10/09/2025 under an earn-out provision.
What is the transaction code and what does it indicate?
The filing lists code J, which the explanation ties to an earn-out share issuance under a merger agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.