Take It or Leave It: Solidion Refuses to Raise Bid for Struggling Flux Power
Flux Power (FLUX) stock falls as Solidion (STI) stands firm on its final buyout offer, citing Flux's cash needs.
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"Solidion remains prepared to engage constructively with Flux's Board and management and believes Flux shareholders deserve the opportunity to choose between money now and little or no money later," said
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Flux Power (FLUX) stock falls as Solidion (STI) stands firm on its final buyout offer, citing Flux's cash needs.
U.S. stocks rose Monday: Dow +0.2%, S&P 500 +0.62%, Nasdaq +0.84%. Materials led; ISM services PMI slipped to 54.9. Oil fell 1%.
U.S. stocks mixed: Nasdaq and S&P 500 rose while Dow dipped. Weak jobs data pressured outlook; oil fell, while gold, silver and copper gained.
Solidion Technology, Inc. (NASDAQ:STI) ("Solidion Technology" or "the Company"), an advanced battery technology solutions provider, today reaffirmed its disciplined acquisition strategy and commitment to