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SPAC Investor Sues Battery Co. In Del. Over Held-Back Shares

By Leslie A. Pappas (July 17, 2024, 1:50 PM EDT) -- A Florida-based hedge fund that invested in a blank-check company that took battery company Solidion Technology Inc. public has sued for breach of contract in Delaware's Court of Chancery, alleging the company is refusing to issue more than 9.54 million shares of stock that are due under pre-merger agreements....

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