On March 24, 2026, Solidion Technology Inc. filed an 8-K report with the SEC, disclosing that its previously issued audited financial statements for the year ended December 31, 2024, and related audit reports should no longer be relied upon. This decision was made by the Chief Financial Officer after consulting with the company's Audit Committee. The company identified an error in the accounting for exercises of its Series A and Series B warrants, which resulted in an understatement of non-cash, non-operating losses related to changes in the fair value of derivative liabilities. Specifically, the company reported that the fair value of the warrants was not remeasured immediately prior to certain warrant exercise events, leading to an understatement of approximately $5.7 million for the year ended December 31, 2024. The company emphasized that this error does not affect its liquidity, cash balances, or total stockholders' equity. Solidion Technology plans to file a comprehensive Annual Report on Form 10-K for the year ended December 31, 2025, containing restated financial statements related to the affected financial information. Additionally, the company announced the scheduling of its first annual meeting of stockholders for June 11, 2026, and set a deadline of April 3, 2026, for stockholder proposals to be included in the proxy materials for the meeting.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.