---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-012602"
form_type: "8-K"
ticker: "STI"
cik: "0001881551"
company_name: "Solidion Technology Inc."
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T08:20:07.694285+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nubia Brand International Corp. to acquire Honeycomb Battery Company in SPAC merger; 70M shares plus earnout

## Summary
- Merger consideration: 70M shares of common stock to Honeycomb shareholders at closing, plus up to 22.5M earnout shares tied to stock price thresholds ($12.50, $15.00, $25.00).
- Nubia will change its name to Honeycomb Battery Company; Honeycomb will survive as a wholly-owned subsidiary.
- Related agreements include Contribution, Supply and License, Shared Services, Support, and Lock-Up Agreements with Global Graphene Group (G3).
- Closing conditions: stockholder approvals, Nasdaq listing, SEC clearance, no material adverse effect; outside termination date Sept 15, 2023.
- Sponsor Mach FM Acquisitions LLC entered into Parent Support Agreement to vote in favor of the merger.

## SEC filing metadata
- accession: 0001213900-23-012602
- form_type: 8-K
- ticker: STI
- cik: 0001881551
- company_name: Solidion Technology Inc.
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1881551/000121390023012602/0001213900-23-012602-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1881551/000121390023012602/ea173325-8k_nubiabrand.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-012602
- JSON: https://secwatch.observer/filing/0001213900-23-012602.json
- Plain text: https://secwatch.observer/filing/0001213900-23-012602.txt

## Key facts
- Material Agreements
  Solidion Technology Inc. entered into Merger Agreement with Honeycomb Battery Company, Nubia Merger Sub, Inc. (effective 2023-02-16).
  - Action: entry
  - Agreement: merger
  - Counterparty: Honeycomb Battery Company, Nubia Merger Sub, Inc.
  - Effective: 2023-02-16
  source text: On February 16, 2023, Nubia Brand International Corp. (the “Registrant” or the “Nubia”) entered into a Merger Agreement (the “Merger Agreement”) by and among Honeycomb Battery Company, an Ohio corporation (the “Company” or “Honeycomb”) ), the Registrant, and Nubia Merger Sub, Inc., an Ohio corporation (“Merger Sub”) and wholly-owned subsidiary of the Registrant, pursuant to which Merger Sub will merge with and into the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1881551/000121390023012602/0001213900-23-012602-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.