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Flux Power Rejects Unsolicited Acquisition Proposal From Solidion Technology
Source: Nasdaq
M&A & RestructuringManagement & GovernanceTechnology & Innovation
Flux Power Holdings unanimously rejected an unsolicited, non-binding acquisition proposal from Solidion Technology. The decision removes a potential near-term takeover catalyst, while signaling the board does not view the preliminary offer as sufficiently attractive for shareholders.
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