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Global Graphene Group, Inc., a ten percent owner of Solidion Technology Inc. (NASDAQ:STI), has sold 34,000 shares of common stock in three separate transactions, according to a Form 4 filing with the Securities and Exchange Commission. The sales, which occurred between September 10 and September 12, 2025, totaled $183,276. The micro-cap company, currently valued at $15.5 million, has seen its shares decline nearly 85% year-to-date. According to InvestingPro analysis, STI’s overall financial health score is rated as WEAK.
On September 10, Global Graphene Group sold 23,468 shares at a price of $5.3828 per share. Followed by another sale on September 11, where 6,532 shares were sold at $5.25 per share. The final transaction took place on September 12, with 4,000 shares sold at $5.665 per share.
Following these transactions, Global Graphene Group directly owns 1,306,013 shares of Solidion Technology Inc.
In other recent news, Solidion Technology Inc. announced the resignation of board member Cynthia Ekberg Tsai, effective September 3. This change in the board composition has resulted in the company’s audit committee falling short of Nasdaq’s requirement for a three-member audit committee. Solidion Technology promptly notified Nasdaq about this non-compliance with Rule 5605(c)(2)(A). The company disclosed these developments in a press release following a recent SEC filing. This situation highlights the importance of adhering to regulatory standards set by stock exchanges. While the company addresses this issue, it remains under scrutiny to ensure compliance. Investors may find it noteworthy that such governance changes can impact a company’s standing with regulatory bodies.
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