Solidion raises $35M to commercialize battery tech, issuing 2.3M shares in dilutive placement

Filed June 8, 2026 · Period ending June 7, 2026 · ~1 min read

Key Changes

• high

  Solidion sold 750K shares and warrants for 1.58M more shares at $15/share to an institutional investor, raising ~$35M gross ($32M net). This represents significant dilution of approximately 2.3 million shares to existing holders.

  Item 1.01: Securities Purchase Agreement verify on EDGAR →
• high

  Proceeds will fund commercialization of the company's Extreme-Climate Battery technology, fulfill customer demand, expand inventory, advance prototype testing, and provide working capital.

  Item 1.01: Use of Proceeds verify on EDGAR →
• medium

  Company obtained waiver from prior investors (Bayside Project LLC and Madison Bond LLC) to bypass their anti-dilution and pre-emptive rights from August 2024 agreement, enabling this placement to proceed.

  Item 1.01: Waiver Agreement verify on EDGAR →