Global Graphene Group, Inc. bought STI
October 9, 2025 · Form 4 insider transaction
Global Graphene Group, Inc. bought 450,000 shares of Solidion Technology, Inc. at $5.08 per share, a transaction worth $2.29M. The trade was recorded as j and disclosed on an SEC Form 4, filed 5 days after the transaction.
Footnotes
On the Transaction Date, the reporting person became entitled to receive 450,000 shares of the Issuer's common stock pursuant to an "earn-out" provision in the merger agreement among Nubia Brand International Corp., Honeycomb Battery Company (a subsidiary of the reporting person prior to the business combination involving the Issuer), and Nubia Merger Sub, Inc., dated as of February 2, 2024, following the approval by the board of directors of the Issuer to deem the earn-out conditions satisfied in full in light of, among other things, the Issuer's capital structure and the ongoing shared services agreement between the Reporting Person and the Issuer.