Solidion Technology

Dallas – October 14, 2026 -- Solidion Technology (NASDAQ: STI) says its PEAK Series uninterruptible power supply (UPS) system can cut UPS footprint by up to 30%, based on company testing, as it targets AI data center operators short on floor space.

PEAK Series uses a proprietary 5500 silicon-carbon anode cell

The PEAK Series is a UPS battery system built for AI data centers around Solidion's proprietary 5500 silicon-carbon anode cell. The company says the design is meant to free floor space that operators could otherwise use for servers and additional computing equipment.

Rising power density in AI facilities is increasing pressure on the systems that keep sites running during grid disruptions, according to the company. UPS batteries occupy space that could hold computing hardware and require periodic replacement.

Dallas – October 06, 2026 -- Solidion Technology, Inc. (NASDAQ: STI) said it will not raise its all-cash offer to acquire substantially all assets of Polar Power, Inc. (NASDAQ: POLA) after Polar's board rejected the proposal, calling the target company "severely distressed."

Solidion cites Polar's reliance on dilutive financing to justify its valuation

Polar Power established a committed equity facility on July 27, 2026 permitting the sale of up to $25 million in common stock to fund working capital. The company also raised capital through convertible notes issued August 26 that convert at the lower of 80% of the five-day volume-weighted average price or $1.00 per share if not repaid at maturity, terms Solidion said come at the expense of existing shareholders.

Dallas – October 05, 2026 -- Solidion Technology, Inc. (NASDAQ: STI) has refused to raise its acquisition offer for Flux Power Holdings, Inc. (NASDAQ: FLUX), calling the bid "best and final" after Flux's board rejected the proposal as undervaluing the company.

Solidion rejects board's undervaluation claim

Jaymes Winters, Chairman and CEO of Solidion Technology, said the company strongly disagrees with Flux Power's assertion that the offer undervalues the battery maker, stating the bid already reflects the capital and execution needed to stabilize the business. Winters added that Solidion has no intention of increasing the offer and will continue pursuing other acquisition targets in parallel.