SOLESENCE, INC.
For the period ended Sep 30, 2025. Filed Nov 12, 2025.
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Sep 30, 2025 · Filed Nov 12, 2025
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Item 1. Legal Proceedings
On October 31, 2025, Solésence, Inc. and its subsidiary Solésence, LLC (collectively, “Solésence”) entered into a Confidential Settlement Agreement and Release (the “Settlement Agreement”) with Solarium Brands, LLC and A-Frame Brands, LLC (collectively, “Solarium”). Pursuant to the Settlement Agreement, Solésence and Solarium agreed to settle and compromise disputes arising from certain consumer personal care products that Solésence previously manufactured for and sold to Solarium. As part of the Settlement Agreement, Solarium agreed to pay Solésence a one-time settlement payment of $675,000 on or before January 15, 2026.
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