Alyeska discloses 9.99% Solidion Technology (STI) stake with warrant overhang
Rhea-AI Filing Summary
Alyeska Investment Group, L.P., Alyeska Fund GP, LLC, and Anand Parekh reported beneficial ownership of Solidion Technology, Inc. common stock. As of 30 June 2026 they beneficially own 848,718 shares of common stock, representing 9.99% of the outstanding class, all with shared voting and dispositive power. This position consists of 678,788 shares acquired in a private placement and 169,930 shares issuable upon exercise of pre-funded warrants. The reporting persons also hold pre-funded warrants exercisable for an additional 1,583,000 shares, but a 9.99% beneficial ownership limitation restricts further exercise based on 8,495,683 shares of common stock outstanding, as referenced from a Form 424B3 dated 23 June 2026. The position is held by Alyeska Master Fund, L.P., with Alyeska Investment Group, L.P. exercising voting and investment control; Anand Parekh may be deemed a beneficial owner but disclaims beneficial ownership.
Positive
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Negative
- None.
Key Figures
Key Terms
beneficial ownership limitation regulatory
pre-funded warrants financial
Schedule 13G regulatory
FAQ
What percentage of Solidion Technology, Inc. (STI) does Alyeska report owning?
What portion of Alyeska’s STI position comes from a private placement?
What is the beneficial ownership limitation affecting Alyeska’s STI warrants?
Who exercises voting and investment control over Alyeska’s STI position?
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