Honeycomb Battery Company and Nubia Brand International Corp. Announce Closing of Business Combination
DALLAS, TX., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Honeycomb Battery Company (“Honeycomb”), a leading battery materials supplier, today announced the completion of its previously announced business combination with Nubia Brand International Corp. (“Nubia”), a special purpose acquisition company led by an African-American/Latino sponsor group.
- DALLAS, TX., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Honeycomb Battery Company (“Honeycomb”), a leading battery materials supplier, today announced the completion of its previously announced business combination with Nubia Brand International Corp. (“Nubia”), a special purpose acquisition company led by an African-American/Latino sponsor group.
- The transaction was approved at a special meeting of Nubia’s stockholders on December 14, 2023.
- Upon the completion of the business combination, the combined company was renamed Solidion Technology Inc. (“Solidion”).
- Arbor Lake Capital Inc. served as financial and capital markets advisor to Honeycomb.