Solidion Technology Pursues Acquisition of Flux Power After Flux Board Rejected Offer
October 5, 2026
Solidion Technology responded to Flux Power Holding’s board decision to reject Solidion’s previously announced acquisition proposal, stating it views its bid as “best and final.” Solidion argues Flux faces capital needs and other risks, and believes acquisition by a stronger balance-sheet company is the clearer path versus a highly dilutive turnaround.
- Buyers
- Solidion Technology, Inc.
- Targets
- Flux Power Holding, Inc.
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Buyout
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