Solidion Technology Inc.
For the period ended Dec 31, 2024. Filed Apr 16, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Apr 16, 2025
STI$4.16-1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Changes in Stockholders’ Equity (Deficit)
** Consolidated AND COMBINED STATEMENTS OF CHANGES IN STOCKHOLDERs’ (DEFICIT) EQUITY**
FOR THE YEARS ENDED DECEMBER 31, 2024 AND DECEMBER 31, 2023
| Additional · Stock · Stockholders’ | ||||||
|---|---|---|---|---|---|---|
| Common Stock · Paid-in · Accumulated · Subscription · Equity | ||||||
| Shares | Amount | Capital | Deficit | Receivable | (Deficit) | |
| Balance at December 31, 2022 | — | $— | $26,104,308 | $(20,120,882) | — | $5,983,426 |
| Retroactive application of recapitalization to December 31, 2022 | 69,800,000 | 6,980 | (6,980) | — | — | — |
| Adjusted beginning balance | 69,800,000 | 6,980 | 26,097,328 | (20,120,882) | — | 5,983,426 |
| Contributions and net transfers with related parties | — | — | 2,753,657 | — | — | 2,753,657 |
| Net loss | — | — | — | (5,324,624) | — | (5,324,624) |
| Balance at December 31, 2023 | 69,800,000 | $6,980 | $28,850,985 | $(25,445,506) | — | $3,412,459 |
| Capital contributions from related party | — | — | 487,273 | — | — | 487,273 |
| Issuance of common stock upon consummation of the Merger | 6,004,741 | 600 | (27,888,519) | — | — | (27,887,919) |
| Conversion of convertible notes into common stock upon consummation of the Merger | 5,962,325 | 596 | 3,174,404 | — | — | 3,175,000 |
| Stock subscription receivable | — | — | — | — | (80,241) | (80,241) |
| Earnout Arrangement | — | — | 63,600,000 | (63,600,000) | — | — |
| Contingent consideration | — | — | 906,000 | (906,000) | — | — |
| Convertible note – stock issuance loss | — | — | 2,805,678 | — | — | 2,805,678 |
| Private Placements | 17,350,800 | 1,735 | 12,930,262 | — | — | 12,931,997 |
| Issuance costs in connection with the Private Placements | — | — | (419,499) | — | — | (419,499) |
| Shares issued from exercise of Series A Warrants | 13,742,879 | 1,375 | 4,255,907 | — | — | 4,257,282 |
| Shares issued from exercise of Series B Warrants | 5,749,598 | 575 | 1,384 | — | — | 1,959 |
| Issuance of common stock for Forward Purchase Agreement | 9,543,002 | 954 | (954) | — | — | — |
| Issuance of common stock for Forward Purchase Agreement Compensation | 2,850,000 | 285 | 1,025,715 | — | — | 1,026,000 |
| Stock-based compensation to consultant | — | — | 700,000 | — | — | 700,000 |
| Shares issued to consultant | 694,637 | 69 | 249,931 | — | — | 250,000 |
| Stock-based compensation | — | — | 2,367,014 | — | — | 2,367,014 |
| Net Loss | — | — | — | (25,929,003) | — | (25,929,003) |
| Balance at December 31, 2024 | 131,697,982 | $13,169 | $93,045,581 | $(115,880,509) | $(80,241) | $(22,902,000) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.