Home / Going-concern warnings / Solidion Technology Inc.
Filed 2025-08-19 路 Form 10-Q 路 Accession 0001213900-25-078583 nano
Price before filing: $3.22 (2025-08-18 close, split/dividend-adjusted)
Market cap at flag: $9.5M (2025-08-19) 路 Latest: $36.7M (2026-10-16)
| Window | STI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +46.9% | +2.9% | +43.9% | 2025-09-18 |
| 90 days | +214.9% | +3.8% | +211.1% | 2025-11-17 |
| 180 days | +24.2% | +6.8% | +17.5% | 2026-02-17 |
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: 1 insider sold $38K (3 sales)
30 days after: 1 insider sold $183K (3 sales)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-06-10 | Global Graphene Group, Inc. 10% owner | Sale | 5,323 | $3.43 | $18K | no | Form 4 |
| 2025-06-11 | Global Graphene Group, Inc. 10% owner | Sale | 746 | $3.51 | $3K | no | Form 4 |
| 2025-06-13 | Global Graphene Group, Inc. 10% owner | Sale | 5,018 | $3.40 | $17K | no | Form 4 |
| 2025-08-19: red flag filed | |||||||
| 2025-09-10 | Global Graphene Group, Inc. 10% owner | Sale | 23,468 | $5.38 | $126K | no | Form 4 |
| 2025-09-11 | Global Graphene Group, Inc. 10% owner | Sale | 6,532 | $5.25 | $34K | no | Form 4 |
| 2025-09-12 | Global Graphene Group, Inc. 10% owner | Sale | 4,000 | $5.67 | $23K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-05-21 to 2025-09-18. 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 events and conditions raise substantial doubt about the Company's ability to continue as a going concern."
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 2025-06-30)
Why this score: quarterly (unaudited) disclosure; also within 90 days: Auditor change, Non-reliance / restatement
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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