Honeycomb Battery Company completes business combination with Nubia Brand International Corp., rebrands as Solidion Technology Inc., and trades on NASDAQ with focus on green energy materials production and EV battery solutions.

Honeycomb Battery Company, a prominent battery materials supplier, has completed its business combination with Nubia Brand International Corp., a special purpose acquisition company led by an African-American/Latino sponsor group. The combined company, renamed Solidion Technology Inc., specializes in manufacturing green graphite anode materials, production of next-generation batteries for energy storage systems and electric vehicles, and will trade on the NASDAQ Global Market under the ticker symbol "STI". The company aims to expand its battery IP portfolio and offer a range of advanced battery materials for the electric vehicle industry.

February 02, 2024
6 Articles

Further Reading