✉news TechnologyTechnology first seen 7 h ago, last 7 h ago, peak #5

Solidion Holds Firm on Below-Market Flux Power Offer

Original: Solidion Technology (NASDAQ: STI) Remains Firm on Flux Power (NASDAQ: FLUX) Below Market Offer in Response to Flux Board Rejection | Corporate

Solidion Technology, listed on NASDAQ under STI, has stood by its below-market acquisition offer for Flux Power after the Flux board rejected the bid. The company says its proposal remains fair despite trading below Flux Power's market price, setting up a potential standoff between the two battery technology firms over the terms of a deal.

Why now: A contested takeover bid between two publicly traded companies is drawing investor attention.

Solidion TechnologyFlux PowerNASDAQ

Open on news →

Evidence

• Solidion Technology (NASDAQ: STI) Remains Firm on Flux Power (NASDAQ: FLUX) Below Market Offer in Response to Flux Board Rejection | Corporate · eqs-news.com

API: https://socialmediatrends-api.osmike.com/v1/trends/1100684