Nubia Brand International Corp. closes upsized IPO of 12.35M units at $10/unit, raising $123.5M gross

Solidion Technology Inc.

Gross proceeds of $123.5M from IPO; $5.405M from simultaneous private placement of warrants to sponsor.
Units trade on Nasdaq under NUBIU; each unit consists of one Class A share and one-half warrant exercisable at $11.50.
Company is a blank check focused on wireless telecom; no target selected yet.
Management: CEO Jaymes Winters, CFO Vlad Prantsevich, Chairman Alexander Monje.
Total $125.97M deposited in trust account for benefit of public stockholders.

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