Solidion Technology Warns Investors Not to Rely on Recent Financial Statements
Reuters
Nov 18
Solidion Technology Warns Investors Not to Rely on Recent Financial Statements
Solidion Technology Inc. has announced that investors should no longer rely on its previously issued interim financial statements for the period ended June 30, 2025, due to identified errors. The company discovered inaccuracies in the reported number and fair value measurement of Series A Warrants issued in a March 2024 private placement, as well as errors in the calculation of diluted earnings per share related to Series A and Series C shares. Solidion plans to file an amended quarterly report to restate the affected financial information before releasing its next quarterly results. The company has discussed these matters with its audit committee and independent auditor, Deloitte & Touche LLP.
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