Solidion Technology Enters into Binding Strategic Patent Monetization Agreement with Hilco Global
Company intends to monetize its foundational patent portfolio in the global
"The entire energy storage ecosystem has repetitiously utilized several of Solidion's foundational patents to monetize their business models at a level rarely seen before. These are not just mom and pop startups, most of them are worldly known household names and industry leaders in not just EV battery storage, but other sectors such as semiconductors, aircraft and automotive manufacturing and cutting edge materials. The value of Solidion's portfolio could exceed
"Solidion's portfolio covers various aspects of graphene and battery technology and it has applicability across multiple industry segments and includes companies that compete with Solidion and companies in adjacent technology segments. In our view, the portfolio shows significant indicia of value and we are excited to partner with Solidion to help the company extract revenue from its portfolio."
About Solidion Technology, Inc.
Headquartered in
For more information, please visit www.solidiontech.com or contact Investor Relations.
About Hilco Global
Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial and industrial, real estate, manufacturing, brand and intellectual property sectors, and more. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to complete the deal. Hilco Global is based in
Visit www.hilcoglobal.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Solidion Technology Inc., (NASDAQ: STI) (the "Company," "Solidion," "we," "our" or "us") desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "forecasts" "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/solidion-technology-enters-into-binding-strategic-patent-monetization-agreement-with-hilco-global-302746839.html
SOURCE Solidion Technology, Inc.
