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Solidion CEO defends below-market offer for Flux Power

Original: Solidion Technology Chairman and CEO Jaymes Winters Justifies Below Market Acquisition Price for Flux Power, Inc. (Nasdaq: FLUX)

Solidion Technology chairman and CEO Jaymes Winters is publicly defending the company's acquisition price for Flux Power, Inc. (Nasdaq: FLUX), which sits below the battery maker's current market value. Winters argues the terms are justified, but the discount to the trading price is likely to draw scrutiny from Flux Power shareholders weighing whether to accept the deal.

Why now: Investors are reacting to a contested acquisition offer priced below the target's market value

Solidion TechnologyFlux PowerJaymes WintersNasdaq

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Evidence

• Solidion Technology Chairman and CEO Jaymes Winters Justifies Below Market Acquisition Price for Flux Power, Inc. (Nasdaq: FLUX) · Yahoo! Finance Canada

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