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Solidion Technology (Nubia Brand International) Priced, Nasdaq: STI

Blank check company targeting the wireless telecommunications sphere (completed 2/2/2024).

Industry: SPAC

Latest Trade: $0.38 0.00 (0.0%)

First Day Return: -0.4%

Return from IPO: -96.2%

Industry: SPAC

Nubia Brand International Corp. is a newly incorporated blank check company. Our objective is to identify, acquire, and build a business operating in the wireless telecommunications sphere that offers promising long term, high growth prospects. As an industry operator, our management team has a distinguished edge in identifying high quality assets that hold hidden value, negotiating attractive valuations, and the experience and ability to execute meaningful operational improvements post-business combination. We intend to target businesses that can be positioned post-combination to benefit from evolving consumer behavior, next gen innovations, and have the potential to be category leaders. We believe the wireless telecommunications industry will continue undergoing unprecedented disruption, accelerating growth across sectors, regulatory attention, and large capital deployments. Our management team is led by Jaymes Winters, the chairman of our board of directors and our Chief Executive Officer, and Vlad Prantsevich, our Chief Financial Officer and a member of our board of directors.
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IPO Data
IPO File Date 11/16/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 11.0
Deal Size ($mm) $110
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/10/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 11.0
Deal Size ($mm) $110
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
D. Boral Capital
Company Data
Headquarters Dallas, TX, United States
Founded 2021
Employees at IPO 2

Solidion Technology (Nubia Brand International) (STI) Performance