10% owner Global Graphene Group sold 175,000 STI shares at $21.09 for $3.7M; holds 1.57M shares post-sale amid 823.0% 90-day surge
Global Graphene Group, a 10% owner, sold 175,000 shares (175.0K shares) at $21.09 for $3,691,205.00 ($3.7M) on 2026-06-04, reducing holdings by -10.0% from 1,744,695 to 1,569,695 shares. The sale occurred at a significant discount to the current price of $35.72, which is -6.4% from the 52-week high of $38.15, and follows exceptional momentum of +823.0% over 90 days. This large discrete sale by a substantial owner at a price well below current levels, combined with Solidion's unprofitable operations (net income $-1,430,668.00 for the full fiscal year despite 92.2% annual revenue growth), presents a material liquidity event warranting investor attention regarding majority holder conviction at current valuations.