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- Restatement (new) — Company announced restatement of 2024 annual and interim financials due to derivative accounting error.
Solidion restates 2024 financials for $5.7M derivative accounting error
Filed March 24, 2026 · Period ending March 18, 2026 · ~1 min read
Key Changes
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high
Company invalidated all 2024 audited financials and quarterly reports due to warrant accounting error; investors should not rely on any prior 2024 earnings releases or investor communications until restated financials are filed.
Item 4.02 verify on EDGAR → -
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Error understated non-cash losses by $5.7M for full year 2024 ($2.3M in Q3, $0.1M in Q2) related to Series A and B warrant exercises; does not affect cash, liquidity, or total stockholders' equity.
Item 4.02 verify on EDGAR → -
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Company is reviewing accounting treatment of other financial instruments beyond the identified warrant error, suggesting potential for additional adjustments not yet disclosed.
Item 4.02 verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jun 4, 2026 · How we verify