http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Mon, 05 Oct 2026 06:01:01 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Corporate+News/Solidion+holds+firm+on+Flux+Power+bid+after+board+rejection/27144966.html <p>Solidion Technology (NASDAQ: STI) said its acquisition offer for Flux Power Holdings (NASDAQ: FLUX) is best and final, following Flux Power's board rejection of the proposal as undervaluing the company.</p><p>Jaymes Winters, Chairman and CEO of Solidion Technology, said the company "strongly disagrees" with the Flux Power board's assessment. "This offer takes into account the capital and execution required to stabilize the business, and Solidion has no intention of increasing its offer at this time," Winters said in a statement based on the company's press release.</p><p>Solidion cited several financial pressures it believes Flux Power faces, including an immediate need for at http://www.streetinsider.com/Corporate+News/Solidion+holds+firm+on+Flux+Power+bid+after+board+rejection/27144966.html Mon, 05 Oct 2026 06:01:01 -0400 FLUX STI http://www.streetinsider.com/Mergers+and+Acquisitions/Solidion+holds+firm+on+Flux+Power+bid+after+board+rejection/27144966.html <p>Solidion Technology (NASDAQ: STI) said its acquisition offer for Flux Power Holdings (NASDAQ: FLUX) is best and final, following Flux Power's board rejection of the proposal as undervaluing the company.</p><p>Jaymes Winters, Chairman and CEO of Solidion Technology, said the company "strongly disagrees" with the Flux Power board's assessment. "This offer takes into account the capital and execution required to stabilize the business, and Solidion has no intention of increasing its offer at this time," Winters said in a statement based on the company's press release.</p><p>Solidion cited several financial pressures it believes Flux Power faces, including an immediate need for at http://www.streetinsider.com/Mergers+and+Acquisitions/Solidion+holds+firm+on+Flux+Power+bid+after+board+rejection/27144966.html Mon, 05 Oct 2026 06:01:01 -0400 FLUX STI http://www.streetinsider.com/Corporate+News/Solidion+holds+firm+on+Flux+Power+bid+after+board+rejection/27144966.html <p>Solidion Technology (NASDAQ: STI) said its acquisition offer for Flux Power Holdings (NASDAQ: FLUX) is best and final, following Flux Power's board rejection of the proposal as undervaluing the company.</p><p>Jaymes Winters, Chairman and CEO of Solidion Technology, said the company "strongly disagrees" with the Flux Power board's assessment. "This offer takes into account the capital and execution required to stabilize the business, and Solidion has no intention of increasing its offer at this time," Winters said in a statement based on the company's press release.</p><p>Solidion cited several financial pressures it believes Flux Power faces, including an immediate need for at http://www.streetinsider.com/Corporate+News/Solidion+holds+firm+on+Flux+Power+bid+after+board+rejection/27144966.html Mon, 05 Oct 2026 06:01:01 -0400 FLUX STI http://www.streetinsider.com/Mergers+and+Acquisitions/Solidion+holds+firm+on+Flux+Power+bid+after+board+rejection/27144966.html <p>Solidion Technology (NASDAQ: STI) said its acquisition offer for Flux Power Holdings (NASDAQ: FLUX) is best and final, following Flux Power's board rejection of the proposal as undervaluing the company.</p><p>Jaymes Winters, Chairman and CEO of Solidion Technology, said the company "strongly disagrees" with the Flux Power board's assessment. "This offer takes into account the capital and execution required to stabilize the business, and Solidion has no intention of increasing its offer at this time," Winters said in a statement based on the company's press release.</p><p>Solidion cited several financial pressures it believes Flux Power faces, including an immediate need for at http://www.streetinsider.com/Mergers+and+Acquisitions/Solidion+holds+firm+on+Flux+Power+bid+after+board+rejection/27144966.html Mon, 05 Oct 2026 06:01:01 -0400 FLUX STI http://www.streetinsider.com/Press+Releases/Solidion+Technology+%28NASDAQ%3A+STI%29+Remains+Firm+on+Flux+Power+%28NASDAQ%3A+FLUX%29+Below+Market+Offer+in+Response+to+Flux+Board+Rejection/27144953.html <div class="xn-content"> <p><i><b>Sees no Basis to Increase Its Offer as Flux Power Continues to Face Highly Dilutive Financing Requirements, Regulatory Issues, and Default Risk</b></i></p> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>Oct. 5, 2026</chron></span> /PRNewswire/ -- <a target="_blank" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4789304-1&amp;h=885891122&amp;u=https%3A%2F%2Fwww.solidiontech.com%2F&amp;a=Solidion+Technology%2C+Inc." target="_blank" rel="nofollow"><span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology, Inc.</span></a> (NASDAQ: STI) ("<span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology</span>" or "the Company"), an advanced battery technology solutions provider, today responded to the decision of the Board of Directors http://www.streetinsider.com/Press+Releases/Solidion+Technology+%28NASDAQ%3A+STI%29+Remains+Firm+on+Flux+Power+%28NASDAQ%3A+FLUX%29+Below+Market+Offer+in+Response+to+Flux+Board+Rejection/27144953.html Mon, 05 Oct 2026 06:00:00 -0400 FLUX STI http://www.streetinsider.com/PRNewswire/Solidion+Technology+%28NASDAQ%3A+STI%29+Remains+Firm+on+Flux+Power+%28NASDAQ%3A+FLUX%29+Below+Market+Offer+in+Response+to+Flux+Board+Rejection/27144953.html <div class="xn-content"> <p><i><b>Sees no Basis to Increase Its Offer as Flux Power Continues to Face Highly Dilutive Financing Requirements, Regulatory Issues, and Default Risk</b></i></p> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>Oct. 5, 2026</chron></span> /PRNewswire/ -- <a target="_blank" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4789304-1&amp;h=885891122&amp;u=https%3A%2F%2Fwww.solidiontech.com%2F&amp;a=Solidion+Technology%2C+Inc." target="_blank" rel="nofollow"><span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology, Inc.</span></a> (NASDAQ: STI) ("<span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology</span>" or "the Company"), an advanced battery technology solutions provider, today responded to the decision of the Board of Directors http://www.streetinsider.com/PRNewswire/Solidion+Technology+%28NASDAQ%3A+STI%29+Remains+Firm+on+Flux+Power+%28NASDAQ%3A+FLUX%29+Below+Market+Offer+in+Response+to+Flux+Board+Rejection/27144953.html Mon, 05 Oct 2026 06:00:00 -0400 FLUX STI http://www.streetinsider.com/Press+Releases/Solidion+Technology+%28NASDAQ%3A+STI%29+Remains+Firm+on+Flux+Power+%28NASDAQ%3A+FLUX%29+Below+Market+Offer+in+Response+to+Flux+Board+Rejection/27144953.html <div class="xn-content"> <p><i><b>Sees no Basis to Increase Its Offer as Flux Power Continues to Face Highly Dilutive Financing Requirements, Regulatory Issues, and Default Risk</b></i></p> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>Oct. 5, 2026</chron></span> /PRNewswire/ -- <a target="_blank" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4789304-1&amp;h=885891122&amp;u=https%3A%2F%2Fwww.solidiontech.com%2F&amp;a=Solidion+Technology%2C+Inc." target="_blank" rel="nofollow"><span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology, Inc.</span></a> (NASDAQ: STI) ("<span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology</span>" or "the Company"), an advanced battery technology solutions provider, today responded to the decision of the Board of Directors http://www.streetinsider.com/Press+Releases/Solidion+Technology+%28NASDAQ%3A+STI%29+Remains+Firm+on+Flux+Power+%28NASDAQ%3A+FLUX%29+Below+Market+Offer+in+Response+to+Flux+Board+Rejection/27144953.html Mon, 05 Oct 2026 06:00:00 -0400 FLUX STI http://www.streetinsider.com/PRNewswire/Solidion+Technology+%28NASDAQ%3A+STI%29+Remains+Firm+on+Flux+Power+%28NASDAQ%3A+FLUX%29+Below+Market+Offer+in+Response+to+Flux+Board+Rejection/27144953.html <div class="xn-content"> <p><i><b>Sees no Basis to Increase Its Offer as Flux Power Continues to Face Highly Dilutive Financing Requirements, Regulatory Issues, and Default Risk</b></i></p> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>Oct. 5, 2026</chron></span> /PRNewswire/ -- <a target="_blank" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4789304-1&amp;h=885891122&amp;u=https%3A%2F%2Fwww.solidiontech.com%2F&amp;a=Solidion+Technology%2C+Inc." target="_blank" rel="nofollow"><span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology, Inc.</span></a> (NASDAQ: STI) ("<span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology</span>" or "the Company"), an advanced battery technology solutions provider, today responded to the decision of the Board of Directors http://www.streetinsider.com/PRNewswire/Solidion+Technology+%28NASDAQ%3A+STI%29+Remains+Firm+on+Flux+Power+%28NASDAQ%3A+FLUX%29+Below+Market+Offer+in+Response+to+Flux+Board+Rejection/27144953.html Mon, 05 Oct 2026 06:00:00 -0400 FLUX STI http://www.streetinsider.com/Corporate+News/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html <p>Flux Power Holdings, Inc. (NASDAQ: FLUX) said its board of directors unanimously rejected an unsolicited, non-binding acquisition proposal from Solidion Technology, Inc. (NASDAQ: STI), announced by Solidion on Sept. 30, 2026.</p><p>The board, after a review conducted with legal advisors, concluded the proposal "substantially undervalues Flux Power and is not in the best interests of the Company and its shareholders," according to a statement issued Oct. 2, 2026.</p><p>The Vista, Calif.-based company said its management team is focused on repositioning the business toward profitability. In its fiscal fourth quarter of 2026, Flux Power reported a 33% reduction in operating expenses compared to http://www.streetinsider.com/Corporate+News/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html Fri, 02 Oct 2026 08:31:32 -0400 FLUX STI http://www.streetinsider.com/Mergers+and+Acquisitions/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html <p>Flux Power Holdings, Inc. (NASDAQ: FLUX) said its board of directors unanimously rejected an unsolicited, non-binding acquisition proposal from Solidion Technology, Inc. (NASDAQ: STI), announced by Solidion on Sept. 30, 2026.</p><p>The board, after a review conducted with legal advisors, concluded the proposal "substantially undervalues Flux Power and is not in the best interests of the Company and its shareholders," according to a statement issued Oct. 2, 2026.</p><p>The Vista, Calif.-based company said its management team is focused on repositioning the business toward profitability. In its fiscal fourth quarter of 2026, Flux Power reported a 33% reduction in operating expenses compared to http://www.streetinsider.com/Mergers+and+Acquisitions/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html Fri, 02 Oct 2026 08:31:32 -0400 FLUX STI http://www.streetinsider.com/Hot+Corp.+News/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html <p>Flux Power Holdings, Inc. (NASDAQ: FLUX) said its board of directors unanimously rejected an unsolicited, non-binding acquisition proposal from Solidion Technology, Inc. (NASDAQ: STI), announced by Solidion on Sept. 30, 2026.</p><p>The board, after a review conducted with legal advisors, concluded the proposal "substantially undervalues Flux Power and is not in the best interests of the Company and its shareholders," according to a statement issued Oct. 2, 2026.</p><p>The Vista, Calif.-based company said its management team is focused on repositioning the business toward profitability. In its fiscal fourth quarter of 2026, Flux Power reported a 33% reduction in operating expenses compared to http://www.streetinsider.com/Hot+Corp.+News/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html Fri, 02 Oct 2026 08:31:32 -0400 FLUX STI http://www.streetinsider.com/Hot+M+and+A/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html <p>Flux Power Holdings, Inc. (NASDAQ: FLUX) said its board of directors unanimously rejected an unsolicited, non-binding acquisition proposal from Solidion Technology, Inc. (NASDAQ: STI), announced by Solidion on Sept. 30, 2026.</p><p>The board, after a review conducted with legal advisors, concluded the proposal "substantially undervalues Flux Power and is not in the best interests of the Company and its shareholders," according to a statement issued Oct. 2, 2026.</p><p>The Vista, Calif.-based company said its management team is focused on repositioning the business toward profitability. In its fiscal fourth quarter of 2026, Flux Power reported a 33% reduction in operating expenses compared to http://www.streetinsider.com/Hot+M+and+A/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html Fri, 02 Oct 2026 08:31:32 -0400 FLUX STI http://www.streetinsider.com/Corporate+News/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html <p>Flux Power Holdings, Inc. (NASDAQ: FLUX) said its board of directors unanimously rejected an unsolicited, non-binding acquisition proposal from Solidion Technology, Inc. (NASDAQ: STI), announced by Solidion on Sept. 30, 2026.</p><p>The board, after a review conducted with legal advisors, concluded the proposal "substantially undervalues Flux Power and is not in the best interests of the Company and its shareholders," according to a statement issued Oct. 2, 2026.</p><p>The Vista, Calif.-based company said its management team is focused on repositioning the business toward profitability. In its fiscal fourth quarter of 2026, Flux Power reported a 33% reduction in operating expenses compared to http://www.streetinsider.com/Corporate+News/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html Fri, 02 Oct 2026 08:31:32 -0400 FLUX STI http://www.streetinsider.com/Mergers+and+Acquisitions/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html <p>Flux Power Holdings, Inc. (NASDAQ: FLUX) said its board of directors unanimously rejected an unsolicited, non-binding acquisition proposal from Solidion Technology, Inc. (NASDAQ: STI), announced by Solidion on Sept. 30, 2026.</p><p>The board, after a review conducted with legal advisors, concluded the proposal "substantially undervalues Flux Power and is not in the best interests of the Company and its shareholders," according to a statement issued Oct. 2, 2026.</p><p>The Vista, Calif.-based company said its management team is focused on repositioning the business toward profitability. In its fiscal fourth quarter of 2026, Flux Power reported a 33% reduction in operating expenses compared to http://www.streetinsider.com/Mergers+and+Acquisitions/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html Fri, 02 Oct 2026 08:31:32 -0400 FLUX STI http://www.streetinsider.com/Hot+Corp.+News/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html <p>Flux Power Holdings, Inc. (NASDAQ: FLUX) said its board of directors unanimously rejected an unsolicited, non-binding acquisition proposal from Solidion Technology, Inc. (NASDAQ: STI), announced by Solidion on Sept. 30, 2026.</p><p>The board, after a review conducted with legal advisors, concluded the proposal "substantially undervalues Flux Power and is not in the best interests of the Company and its shareholders," according to a statement issued Oct. 2, 2026.</p><p>The Vista, Calif.-based company said its management team is focused on repositioning the business toward profitability. In its fiscal fourth quarter of 2026, Flux Power reported a 33% reduction in operating expenses compared to http://www.streetinsider.com/Hot+Corp.+News/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html Fri, 02 Oct 2026 08:31:32 -0400 FLUX STI http://www.streetinsider.com/Hot+M+and+A/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html <p>Flux Power Holdings, Inc. (NASDAQ: FLUX) said its board of directors unanimously rejected an unsolicited, non-binding acquisition proposal from Solidion Technology, Inc. (NASDAQ: STI), announced by Solidion on Sept. 30, 2026.</p><p>The board, after a review conducted with legal advisors, concluded the proposal "substantially undervalues Flux Power and is not in the best interests of the Company and its shareholders," according to a statement issued Oct. 2, 2026.</p><p>The Vista, Calif.-based company said its management team is focused on repositioning the business toward profitability. In its fiscal fourth quarter of 2026, Flux Power reported a 33% reduction in operating expenses compared to http://www.streetinsider.com/Hot+M+and+A/Flux+Power+board+rejects+Solidion%27s+acquisition+bid+as+undervalued/27139195.html Fri, 02 Oct 2026 08:31:32 -0400 FLUX STI http://www.streetinsider.com/Press+Releases/Flux+Power+Rejects+Unsolicited+Proposal+from+Solidion+Technology%2C+Inc./27139187.html <p><strong>Solidion Proposal is Not in the Best Interests of Flux Shareholders</strong></p><p>VISTA, Calif., Oct. 02, 2026 (GLOBE NEWSWIRE) -- Flux Power Holdings, Inc. (NASDAQ: FLUX) (“Flux Power” or the “Company”), a leading developer of advanced lithium-ion energy storage solutions and fleet intelligence technology, today announced that its Board of Directors (the “Board”) has unanimously rejected the unsolicited, non-binding acquisition proposal (the “Proposal”) announced by Solidion Technology, Inc. (NASDAQ: STI) (“Solidion”) on September 30, 2026.</p> <p>We can appreciate why there is interest by Solidion in acquiring the Company. However, after a comprehensive review, conducted in consultation with its legal http://www.streetinsider.com/Press+Releases/Flux+Power+Rejects+Unsolicited+Proposal+from+Solidion+Technology%2C+Inc./27139187.html Fri, 02 Oct 2026 08:31:00 -0400 FLUX STI http://www.streetinsider.com/Globe+Newswire/Flux+Power+Rejects+Unsolicited+Proposal+from+Solidion+Technology%2C+Inc./27139187.html <p><strong>Solidion Proposal is Not in the Best Interests of Flux Shareholders</strong></p><p>VISTA, Calif., Oct. 02, 2026 (GLOBE NEWSWIRE) -- Flux Power Holdings, Inc. (NASDAQ: FLUX) (“Flux Power” or the “Company”), a leading developer of advanced lithium-ion energy storage solutions and fleet intelligence technology, today announced that its Board of Directors (the “Board”) has unanimously rejected the unsolicited, non-binding acquisition proposal (the “Proposal”) announced by Solidion Technology, Inc. (NASDAQ: STI) (“Solidion”) on September 30, 2026.</p> <p>We can appreciate why there is interest by Solidion in acquiring the Company. However, after a comprehensive review, conducted in consultation with its legal http://www.streetinsider.com/Globe+Newswire/Flux+Power+Rejects+Unsolicited+Proposal+from+Solidion+Technology%2C+Inc./27139187.html Fri, 02 Oct 2026 08:31:00 -0400 FLUX STI http://www.streetinsider.com/Press+Releases/Flux+Power+Rejects+Unsolicited+Proposal+from+Solidion+Technology%2C+Inc./27139187.html <p><strong>Solidion Proposal is Not in the Best Interests of Flux Shareholders</strong></p><p>VISTA, Calif., Oct. 02, 2026 (GLOBE NEWSWIRE) -- Flux Power Holdings, Inc. (NASDAQ: FLUX) (“Flux Power” or the “Company”), a leading developer of advanced lithium-ion energy storage solutions and fleet intelligence technology, today announced that its Board of Directors (the “Board”) has unanimously rejected the unsolicited, non-binding acquisition proposal (the “Proposal”) announced by Solidion Technology, Inc. (NASDAQ: STI) (“Solidion”) on September 30, 2026.</p> <p>We can appreciate why there is interest by Solidion in acquiring the Company. However, after a comprehensive review, conducted in consultation with its legal http://www.streetinsider.com/Press+Releases/Flux+Power+Rejects+Unsolicited+Proposal+from+Solidion+Technology%2C+Inc./27139187.html Fri, 02 Oct 2026 08:31:00 -0400 FLUX STI http://www.streetinsider.com/Globe+Newswire/Flux+Power+Rejects+Unsolicited+Proposal+from+Solidion+Technology%2C+Inc./27139187.html <p><strong>Solidion Proposal is Not in the Best Interests of Flux Shareholders</strong></p><p>VISTA, Calif., Oct. 02, 2026 (GLOBE NEWSWIRE) -- Flux Power Holdings, Inc. (NASDAQ: FLUX) (“Flux Power” or the “Company”), a leading developer of advanced lithium-ion energy storage solutions and fleet intelligence technology, today announced that its Board of Directors (the “Board”) has unanimously rejected the unsolicited, non-binding acquisition proposal (the “Proposal”) announced by Solidion Technology, Inc. (NASDAQ: STI) (“Solidion”) on September 30, 2026.</p> <p>We can appreciate why there is interest by Solidion in acquiring the Company. However, after a comprehensive review, conducted in consultation with its legal http://www.streetinsider.com/Globe+Newswire/Flux+Power+Rejects+Unsolicited+Proposal+from+Solidion+Technology%2C+Inc./27139187.html Fri, 02 Oct 2026 08:31:00 -0400 FLUX STI http://www.streetinsider.com/Corporate+News/Solidion+Technology+pursues+acquisition+of+Flux+Power+amid+financing+concerns/27124952.html <p>Solidion Technology, Inc. (NASDAQ: STI) announced its intent to acquire Flux Power Holdings, Inc. (NASDAQ: FLUX) and issued an open letter to Flux Power shareholders regarding the proposed transaction, according to a press release dated Sept. 30, 2026.</p><p>Solidion Chairman and CEO Jaymes Winters expressed concern about potential financing arrangements Flux Power may enter into within the next 60 days, citing the company's current stock price and trading volume. Winters characterized a $4 million financing facility as unfavorable compared to Solidion's acquisition offer.</p><p>"The Board of Directors and Management of Flux Power have a fiduciary duty to protect their shareholders," Winters said. http://www.streetinsider.com/Corporate+News/Solidion+Technology+pursues+acquisition+of+Flux+Power+amid+financing+concerns/27124952.html Wed, 30 Sep 2026 06:46:50 -0400 FLUX STI http://www.streetinsider.com/Corporate+News/Solidion+Technology+pursues+acquisition+of+Flux+Power+amid+financing+concerns/27124952.html <p>Solidion Technology, Inc. (NASDAQ: STI) announced its intent to acquire Flux Power Holdings, Inc. (NASDAQ: FLUX) and issued an open letter to Flux Power shareholders regarding the proposed transaction, according to a press release dated Sept. 30, 2026.</p><p>Solidion Chairman and CEO Jaymes Winters expressed concern about potential financing arrangements Flux Power may enter into within the next 60 days, citing the company's current stock price and trading volume. Winters characterized a $4 million financing facility as unfavorable compared to Solidion's acquisition offer.</p><p>"The Board of Directors and Management of Flux Power have a fiduciary duty to protect their shareholders," Winters said. http://www.streetinsider.com/Corporate+News/Solidion+Technology+pursues+acquisition+of+Flux+Power+amid+financing+concerns/27124952.html Wed, 30 Sep 2026 06:46:50 -0400 FLUX STI http://www.streetinsider.com/Press+Releases/Solidion+Technology+Chairman+and+CEO+Jaymes+Winters+Justifies+Below+Market+Acquisition+Price+for+Flux+Power%2C+Inc.+%28Nasdaq%3A+FLUX%29/27124934.html <div class="xn-content"> <p><i><b>Alternative Proposed Financing Facility Would Put FLUX Into a "Death Spiral"</b></i></p> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>Sept. 30, 2026</chron></span> /PRNewswire/ -- <a target="_blank" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4786083-1&amp;h=4037286775&amp;u=https%3A%2F%2Fwww.solidiontech.com%2F&amp;a=Solidion+Technology%2C+Inc." target="_blank" rel="nofollow"><span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology, Inc.</span></a> (NASDAQ: STI) ("<span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology</span>" or "the Company"), an advanced battery technology solutions provider, today announced its intent to pursue the acquisition of <span value="NASDAQ-NMS:FLUX" idsrc="xmltag.org" >Flux Power Holdings, Inc.</span> (NASDAQ: FLUX) ("<span value="NASDAQ-NMS:FLUX" idsrc="xmltag.org" http://www.streetinsider.com/Press+Releases/Solidion+Technology+Chairman+and+CEO+Jaymes+Winters+Justifies+Below+Market+Acquisition+Price+for+Flux+Power%2C+Inc.+%28Nasdaq%3A+FLUX%29/27124934.html Wed, 30 Sep 2026 06:45:00 -0400 FLUX STI http://www.streetinsider.com/PRNewswire/Solidion+Technology+Chairman+and+CEO+Jaymes+Winters+Justifies+Below+Market+Acquisition+Price+for+Flux+Power%2C+Inc.+%28Nasdaq%3A+FLUX%29/27124934.html <div class="xn-content"> <p><i><b>Alternative Proposed Financing Facility Would Put FLUX Into a "Death Spiral"</b></i></p> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>Sept. 30, 2026</chron></span> /PRNewswire/ -- <a target="_blank" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4786083-1&amp;h=4037286775&amp;u=https%3A%2F%2Fwww.solidiontech.com%2F&amp;a=Solidion+Technology%2C+Inc." target="_blank" rel="nofollow"><span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology, Inc.</span></a> (NASDAQ: STI) ("<span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology</span>" or "the Company"), an advanced battery technology solutions provider, today announced its intent to pursue the acquisition of <span value="NASDAQ-NMS:FLUX" idsrc="xmltag.org" >Flux Power Holdings, Inc.</span> (NASDAQ: FLUX) ("<span value="NASDAQ-NMS:FLUX" idsrc="xmltag.org" http://www.streetinsider.com/PRNewswire/Solidion+Technology+Chairman+and+CEO+Jaymes+Winters+Justifies+Below+Market+Acquisition+Price+for+Flux+Power%2C+Inc.+%28Nasdaq%3A+FLUX%29/27124934.html Wed, 30 Sep 2026 06:45:00 -0400 FLUX STI http://www.streetinsider.com/Press+Releases/Solidion+Technology+Chairman+and+CEO+Jaymes+Winters+Justifies+Below+Market+Acquisition+Price+for+Flux+Power%2C+Inc.+%28Nasdaq%3A+FLUX%29/27124934.html <div class="xn-content"> <p><i><b>Alternative Proposed Financing Facility Would Put FLUX Into a "Death Spiral"</b></i></p> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>Sept. 30, 2026</chron></span> /PRNewswire/ -- <a target="_blank" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4786083-1&amp;h=4037286775&amp;u=https%3A%2F%2Fwww.solidiontech.com%2F&amp;a=Solidion+Technology%2C+Inc." target="_blank" rel="nofollow"><span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology, Inc.</span></a> (NASDAQ: STI) ("<span value="NASDAQ-NMS:STI" idsrc="xmltag.org" >Solidion Technology</span>" or "the Company"), an advanced battery technology solutions provider, today announced its intent to pursue the acquisition of <span value="NASDAQ-NMS:FLUX" idsrc="xmltag.org" >Flux Power Holdings, Inc.</span> (NASDAQ: FLUX) ("<span value="NASDAQ-NMS:FLUX" idsrc="xmltag.org" http://www.streetinsider.com/Press+Releases/Solidion+Technology+Chairman+and+CEO+Jaymes+Winters+Justifies+Below+Market+Acquisition+Price+for+Flux+Power%2C+Inc.+%28Nasdaq%3A+FLUX%29/27124934.html Wed, 30 Sep 2026 06:45:00 -0400 FLUX STI