Solidion Technology Chairman and CEO Jaymes Winters Justifies Below Market Acquisition Price for Flux Power, Inc. (Nasdaq: FLUX)

Solidion Technology, Inc. (NASDAQ: STI) ("Solidion Technology" or "the Company"), an advanced battery technology solutions provider, today announced its intent to pursue the acquisition of Flux Power Holdings, Inc. (NASDAQ: FLUX) ("Flux Power" or "Flux") and issued an open letter to FLUX shareholders regarding the proposed transaction.