earnings
confidence high
sentiment positive
materiality 0.80
Solidion raises $35M, clears going-concern doubt; Q2 net loss $2.9M
Solidion Technology Inc.
2026-Q2 EPS reported
-$0.53
revenue$210,340
- Q2 2026 net loss $2.9M ($0.35/share) vs $2.1M loss year-ago; revenue $124,914 from grants and silicon anode.
- Cash and equivalents $27.7M at June 30 vs $0.2M at Dec 31, alleviating previously disclosed going-concern doubt.
- Closed $35M private placement on June 9, 2026; 750k shares + pre-funded warrants for 1.583M shares, priced above market.
- Eliminated Series C/D pre-funded warrants and derivative liability; Madison Bond and Bayside converted warrants to common stock with lock-up.
- Launched Gen-ECB space battery, PEAK Series UPS for AI data centers, and 9.5Ah drone pouch cell retaining 95% capacity at 10C.