✉news TechnologyTechnology first seen 19 h ago, last 19 h ago, peak #33

Solidion Holds Firm on Below-Market Bid for Flux Power

Original: Solidion Technology (NASDAQ: STI) Remains Firm on Flux Power (NASDAQ: FLUX) Below Market Offer in Response to Flux Board Rejection

Solidion Technology, a Nasdaq-listed battery technology company, says it will not raise its below-market acquisition offer for Flux Power after Flux's board rejected the bid. The standoff leaves the takeover fight at an impasse, with Solidion signaling no intention to improve terms despite the target's refusal, keeping investors watching for a possible hostile move or withdrawn proposal.

Why now: An active takeover dispute between two Nasdaq-listed companies is drawing attention from investors tracking M&A activity.

Solidion TechnologyFlux PowerNasdaq

Open on news →

Evidence

• Solidion Technology (NASDAQ: STI) Remains Firm on Flux Power (NASDAQ: FLUX) Below Market Offer in Response to Flux Board Rejection · PR Newswire

API: https://socialmediatrends-api.osmike.com/v1/trends/1129281