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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

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

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