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 Technology Responds To Flux Power Board's Decision To Reject The Acquisition Proposal; Solidion Considers Its Bid To Be Best And Final; Sees No Basis To Increase Its Offer
"Solidion strongly disagrees with the Flux Power Board's assertion that its proposal 'significantly undervalues' the company," said Jaymes Winters, Chairman and CEO of Solidion Technology. "This
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