Solidion Technology Inc - NUBIW STOCK NEWS

Welcome to our dedicated page for Solidion Technology news (Ticker: NUBIW), a resource for investors and traders seeking the latest updates and insights on Solidion Technology stock.

Nubia Brand International Corp. (NUBIW) is a special purpose acquisition company based in Dallas, Texas. Nubia's core focus is on effecting mergers, share exchanges, asset acquisitions, and business combinations with various businesses. Recently, Nubia announced a proposed merger with Honeycomb Battery Company, an Ohio-based advanced battery technology company. The company has received requests for a significant number of public shares redemption, illustrating investor interest and confidence in its future endeavors. Nubia is dedicated to achieving successful business combinations and creating value for its stockholders.

02/02/2024 12:52 PM

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Honeycomb Battery Company and Nubia Brand International Corp. Announce Closing of Business Combination

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Honeycomb Battery Company completed a business combination with Nubia Brand International Corp., resulting in the formation of Solidion Technology Inc. Solidion's common stock is expected to begin trading on NASDAQ under the ticker symbol 'STI'. Dr. Bor Jang, Executive Chairman of Solidion, highlighted the company's cost-effective process for mass-manufacturing green graphite anode materials from sustainable biomass sources. Solidion plans to capitalize on the rapidly changing EV battery materials market and expand its battery IP portfolio. Jaymes Winters, CEO of Solidion, expressed confidence in the company's ability to extend its leading industry position.

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01/23/2024 02:10 PM

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NUBIA BRAND INTERNATIONAL CORP. CONFIRMS PRIOR UPDATE ON REDEMPTION REVERSAL REQUESTS IN CONNECTION WITH CLOSING ITS BUSINESS COMBINATION

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Nubia Brand International Corp. confirms it will not accept redemption reversal requests in connection with the business combination with Honeycomb Battery Company. This decision is in line with the details outlined in the definitive proxy statement filed with the SEC on November 8, 2023.

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01/11/2024 02:12 PM

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NUBIA BRAND INTERNATIONAL CORP. PROVIDES UPDATE ON REDEMPTION REVERSAL REQUESTS IN CONNECTION WITH CLOSING ITS BUSINESS COMBINATION

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Nubia Brand International Corp. (Nubia) announced it will not be accepting any requests for redemption reversals in connection with closing the business combination with Honeycomb Battery Company. The decision was made following the definitive proxy statement filed with the SEC on November 8, 2023.

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01/08/2024 08:55 AM

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Nubia Brand International Corp. Provides Update on Closing of the Business Combination with Honeycomb Battery Company

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Nubia Brand International Corp. (Nubia) has announced that the business combination with Honeycomb Battery Company has not yet closed, and the parties are working to satisfy the closing conditions, including obtaining Nasdaq approval. If the combination is not completed by March 15, 2024, Nubia may cease operations and redeem shares issued in its initial public offering.

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12/14/2023 03:19 PM

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Nubia Brand International Corp. Announces Stockholder Approval of Business Combination with Honeycomb Battery Company

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Nubia Brand International Corp. (Nubia) announced the approval of its proposed business combination with Honeycomb Battery Company by its stockholders. At the special meeting, 70.4% of the 6,360,235 Nubia Shares present voted in favor of the Business Combination. Nubia also received requests to redeem 3,896,031 Nubia public shares, representing 99.4% of the total public shares outstanding, with a pro rata redemption value of approximately $10.94 per share. However, the conditions to closing for the Business Combination have not yet been satisfied, and there is no assurance of consummation within the required time period.

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12/13/2023 07:45 AM

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Nubia Brand International Corp. Announces Requests to Redeem Public Shares

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Nubia Brand International Corp. (NASDAQ: NUBI) has received requests to redeem 99.4% of its total public shares, with a pro rata portion of the Trust Account each public share entitled to receive approximately $10.94 upon redemption. Nubia will hold a special meeting of stockholders on December 14, 2023, to approve the proposed business combination with Honeycomb Battery Company and related matters.

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12/11/2023 05:21 PM

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Nubia Brand International Corp. Announces Postponement of Special Meeting of Shareholders to Thursday, December 14, 2023 at 9:00 a.m. EDT

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Nubia Brand Acquisition Corp. (Nubia) filed a definitive proxy statement for a special meeting to vote on a proposal to adopt and approve a merger agreement with Honeycomb Battery Company. The meeting has been postponed to December 14, 2023, to allow additional time to satisfy closing conditions, extending the deadline for share redemption.

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11/30/2023 06:31 PM

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Nubia Brand International Corp. Announces Postponement of Special Meeting of Shareholders to Tuesday, December 12, 2023 at 9:00 a.m. EDT

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Nubia Brand International Corp. (Nubia) (NYSE: NBIC) has filed a definitive proxy statement for a special meeting to vote on a proposal to adopt and approve a merger agreement with Honeycomb Battery Company. The Special Meeting has been postponed until December 12, 2023, to allow for additional time to satisfy closing conditions. The deadline for the submission of public shares of Nubia Class A common stock for redemption has been extended to December 8, 2023.

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11/21/2023 05:36 PM

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Nubia Brand International Corp. Announces Postponement of Special Meeting of Shareholders

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Nubia Brand Acquisition Corp. (Nubia) filed a definitive proxy statement for a special meeting to vote on a proposal to adopt and approve a Merger Agreement with Honeycomb Battery Company. The meeting has been postponed to December 5, 2023, to allow for additional time to satisfy closing conditions.

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03/17/2023 12:31 AM

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Nubia Brand International Corp. Confirms Funding and Extension of Deadline to Complete Initial Business Combination

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Nubia Brand International Corp. (Nasdaq: NUBI) announced a $1,235,000 extension payment from its sponsor, Mach FM Acquisitions LLC, allowing the company to prolong its deadline for completing a business combination with Honeycomb Battery Co. from March 15, 2023, to June 15, 2023. This extension provides Nubia with more time to finalize its merger with the advanced battery technology firm, which focuses on battery materials and components. The loan from the Sponsor is convertible into warrants identical to private placement warrants from the initial public offering. Nubia emphasizes the importance of reading forthcoming proxy materials for detailed transaction information.

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FAQ

What is Nubia Brand International Corp.?

Nubia Brand International Corp. is a special purpose acquisition company based in Dallas, Texas, focused on effecting mergers, share exchanges, asset acquisitions, and business combinations.

What recent announcement did Nubia make?

Nubia recently announced a proposed business combination with Honeycomb Battery Company, an Ohio-based advanced battery technology company.

What indicates investor confidence in Nubia?

Nubia has received requests for the redemption of a significant number of public shares, demonstrating investor interest and confidence in the company's future prospects.

What is Nubia's approach to creating value for stockholders?

Nubia is committed to achieving successful business combinations and creating long-term value for its stockholders through strategic partnerships and investments.