Honeycomb Battery Company and Nubia Brand International Complete Business Combination to Form Solidion Technology Inc.
February 2, 2024
Honeycomb Battery Company completed a business combination with SPAC Nubia Brand International Corp., and the combined company was renamed Solidion Technology Inc., with common stock expected to trade on the NASDAQ Global Market under ticker STI. Solidion, headquartered in Dallas with production in Dayton, Ohio, will scale production of graphite anode materials and develop next‑generation solid‑state batteries using public capital.
- Buyers
- Nubia Brand International Corp.
- Targets
- Honeycomb Battery Company
- Industry
- Manufacturing
- Location
- Texas, United States
- Transaction Type
- Buyout
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