Home / Going-concern warnings / Solidion Technology Inc.
Filed 2026-08-06 路 Form 10-Q 路 Accession 0001213900-26-086220 micro
Price before filing: $6.42 (2026-08-05 close, split/dividend-adjusted)
Market cap at flag: $57.4M (2026-08-06) 路 Latest: $36.7M (2026-10-16)
| Window | STI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +13.4% | -0.5% | +13.9% | 2026-09-08 |
| 90 days | pending | pending | until 2026-11-04 | |
| 180 days | pending | pending | until 2027-02-02 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 2 insiders sold $15.9M (4 sales); 1 insider bought $644K (3 purchases)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-06-03 | Ikezi Henry 10% owner | Purchase | 1,000 | $4.85 | $5K | no | Form 4 |
| 2026-06-04 | Global Graphene Group, Inc. 10% owner | Sale | 175,000 | $21.09 | $3.7M | no | Form 4 |
| 2026-06-04 | Ikezi Henry 10% owner | Purchase | 23,000 | $24.66 | $567K | no | Form 4 |
| 2026-06-04 | Ikezi Henry 10% owner | Sale | 188,951 | $23.43 | $4.4M | no | Form 4 |
| 2026-06-05 | Ikezi Henry 10% owner | Sale | 13,500 | $44.89 | $606K | no | Form 4 |
| 2026-06-05 | Ikezi Henry 10% owner | Purchase | 2,000 | $35.99 | $72K | no | Form 4 |
| 2026-06-05 | Ikezi Henry 10% owner | Sale | 192,437 | $37.31 | $7.2M | no | Form 4 |
| 2026-08-06: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-08 to 2026-09-05. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"These conditions previously raised substantial doubt about the Company's ability to continue as a going concern, as disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2025 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2026."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2026-06-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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