[SCHEDULE 13D/A] Solidion Technology Inc. SEC Filing
Amendment No. 2 to Schedule 13D reports that Global Graphene Group, Inc. beneficially owns 1,306,013 shares of Solidion Technology Inc. common stock, representing 47.1% of the 2,774,305 shares outstanding used for the calculation. The filing amends prior Schedule 13D disclosures and confirms the issuer's principal executive office address in Dallas, Texas. The reporting person disclosed three open-market Rule 144 sales on September 10-12, 2025 totaling 34,000 shares (23,468 at $5.3828; 6,532 at $5.25; 4,000 at $5.665). No other persons are reported to have the right to receive dividends or sale proceeds for the reported shares. The statement is signed by Robert Crouch, Vice President of Legal Affairs, for Global Graphene Group.
- Material disclosure of beneficial ownership: Reporting person declares ownership of 1,306,013 shares (47.1%).
- Transparent transaction reporting: Recent open-market sales (Rule 144) are disclosed with share counts and prices.
- No third-party dividend/proceeds rights: Reporting person states no other party has rights to dividends or proceeds for the reported shares.
- Reduction in stake: Reporting person sold 34,000 shares on September 10-12, 2025, modestly reducing ownership.
- Concentrated ownership: Near-majority position (47.1%) may raise governance and minority shareholder concern absent further disclosures.
Insights
TL;DR A single holder reports near-majority ownership (47.1%), with small Rule 144 disposals reducing stake modestly.
The reported 47.1% beneficial ownership is material because it approaches a controlling stake and may affect voting outcomes and corporate control dynamics. The sales on September 10-12, 2025 total 34,000 shares, disclosed with per-share prices, and appear to be compliant open-market transactions under Rule 144. The filing does not disclose any arrangements that transfer voting or dispositive power to third parties, and the reporting person states no other party has rights to dividends or proceeds. For investors, the key facts are concentrated ownership and transparent disclosure of recent limited sales; no other financial metrics or forward-looking plans are included.
TL;DR Near-majority stake reported; governance implications are material but the filing contains no new voting agreements or control actions.
The disclosure that Global Graphene Group beneficially holds 47.1% is significant from a governance perspective because it gives the reporting person substantial influence over shareholder votes. The Amendment clarifies ownership and transaction history but does not identify any voting arrangements, management changes, or plans to acquire additional shares. The publicly reported open-market sales are limited and documented. Absent additional agreements or nominations disclosed here, the filing informs stakeholders of concentrated ownership without announcing coordination or control transactions.