Solidion Technology Inc.

02/12/2026 | Press release | Distributed by Public on 02/12/2026 07:02

Business/Financial Results (Form 8-K)

Item 2.02. Results of Operations and Financial Condition.

On February 12, 2026, Solidion Technology, Inc. (the "Company") filed a Registration Statement on Form S-1 (the "S-1"), relating to a public offering (the "Offering") of up to 2,000,000 shares of the the Company's common stock and, in lieu of shares, pre-funded warrants to purchase up to 2,000,000 shares of the Company's common stock. The S-1 contains select preliminary unaudited estimated financial results for the fiscal year ended December 31, 2025, as set forth below.

The Company is providing ranges for these preliminary results because its financial closing procedures for the year ended December 31, 2025 are not yet complete. These estimates are based solely on information available to management as of the date of this Current Report on Form 8-K and remain subject to change as the Company completes its normal year-end accounting and audit processes. Accordingly, the preliminary financial information should not be viewed as final or as a substitute for the Company's audited financial statements.

The preliminary financial information included herein has been prepared by, and is the responsibility of, the Company's management. The Company's independent registered public accounting firm, CBIZ CPAs P.C. ("CBIZ"), has not audited, reviewed, compiled, or performed any procedures with respect to such information. Accordingly, CBIZ does not express an opinion or any form of assurance regarding these preliminary estimates.

Preliminary Estimated Results of Operations

The following table sets forth the Company's preliminary estimated results of operations:

Year Ended
December 31, 2025
Year Ended
December 31,
2024
Low
(estimated)
High
(estimated)
Actual
Net sales $ - $ 13,350 $ -
Net loss (30,000,000 ) (38,000,000 ) (25,929,003 )

The Company expects net sales for the year ended December 31, 2025 to remain at zero or increase modestly by up to $13,350 as compared to the year ended December 31, 2024, primarily due to the fact that the Company is an early-stage company.

The Company expects that its net loss for the year ended December 31, 2025 will increase between $4.1 million and $12.1 million as compared to the net loss reported for the year ended December 31, 2024, primarily due to non-cash losses due to a change in the fair value of derivative liabilities related to the Forward Purchase Agreement with Meteora Capital Partners, LP, Meteora Select Trading Opportunities Master, LP, and Meteora Strategic Capital, LLC, and the Series A, Series B, Series C, and Series D warrants issued in connection with the March and August 2024 Private Placement financings.

Preliminary Estimated Financial Condition

The following table sets forth the Company's preliminary estimated financial condition:

As of December 31, 2025 As of
December 31,
2024
Low
(estimated)
High
(estimated)
Actual
Cash and cash equivalents $ 200,000 $ 250,000 $ 3,353,732
Total debt, including current portion 2,900,000 2,950,000 1,917,962

The Company expects cash and cash equivalents as of December 31, 2025 to decrease compared to December 31, 2024, primarily due to increased spending on research and development, including personnel costs, third-party validation testing, and prototype and process scale-up activities, as well as increased business development and general and administrative costs.

Solidion Technology Inc. published this content on February 12, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on February 12, 2026 at 13:03 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]