secwatch.observer — SEC 8-K summary
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Issuer:     Solidion Technology Inc. (STI)
CIK:        0001881551
Form:       8-K
Filed at:   2024-03-15T23:59:59+00:00
Accession:  0001213900-24-023135
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Solidion Technology raises $3.85M in private placement; issues units with warrants
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- Gross proceeds of ~$3.85M from private placement of 5,133,332 units at $0.75 per unit.
- Each unit includes one common share (or pre-funded warrant), two Series A warrants ($0.75 exercise), and one Series B warrant with reset floor of $0.15.
- Net proceeds will be used for working capital and general corporate purposes.
- Certain stockholders entered into a 6-month lock-up agreement and a voting agreement to approve warrant issuances.
- EF Hutton acted as exclusive placement agent for the offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1881551/000121390024023135/0001213900-24-023135-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1881551/000121390024023135/ea0201705-8k_solidion.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-023135

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