Solidion Technology Inc.

Solidion Technology has authorized a new $1M stock buyback program to repurchase shares of its outstanding common stock. The program became effective Sept. 13, 2026, and will remain in effect until the authorized amount is fully repurchased, March 14, 2028, or the board terminates the authorization, whichever comes first.

Solidion Technology's Board of Directors has authorized a new stock buyback program of up to $1.0 Million of the company's outstanding common stock. The program took effect on September 13, 2026, and will remain in effect until the full authorized amount is repurchased, March 14, 2028, or the date the Board terminates the authorization. The Dallas-based advanced battery technology provider said the authorization reflects the Board's confidence in its long-term strategy and gives it added flexibility in capital allocation, with open-market repurchases expected to comply with federal securities laws and Nasdaq requirements. Chief Executive Officer Jaymes Winters said the program reflects confidence in Solidion's long-term prospects and a commitment to disciplined capital allocation, adding that the company's technology, intellectual property and strategic position provide a strong foundation for future growth. Solidion holds a portfolio of over 385 patents covering technologies such as high-capacity, silane gas free and graphene-enabled silicon anodes, biomass-based graphite, and advanced lithium-sulfur and lithium-metal technologies.

Solidion Technology shares climbed 7% on Monday after the advanced battery technology company announced plans to add SpaceX shares to its balance sheet as a long-term strategic investment. The company said it intends to make opportunistic purchases of SpaceX stock, with the initial investment representing only a small proportion of its existing cash reserves and designed to complement its broader capital strategy without affecting funding for core business operations. Solidion believes SpaceX is strategically positioned across industries that align with its own focus areas, including electric vehicles, energy storage, aerospace and defence, and that SpaceX's demanding technological requirements create an important environment for next-generation battery technologies. CEO Jaymes Winters called the move a deliberate vote of confidence in a company shaping the future of the industries Solidion serves, emphasizing it is not a speculative trade.