secwatch.observer — SEC 8-K summary
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Issuer:     DEEP FISSION, INC. (—)
CIK:        0001918102
Form:       8-K
Filed at:   2026-04-09T23:59:59+00:00
Accession:  0001104659-26-041290
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

Deep Fission restates financials due to SAFE and stock-comp valuation errors
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- Board determined Q2/Q3 2025 interim and FY 2024 audited statements are unreliable due to valuation model input errors for SAFEs and stock-based compensation.
- Errors affect fair value of SAFEs and equity compensation expense; cash flows are not affected as transactions were non-cash.
- Company expects a restatement of the affected financial statements; quantitative impact under evaluation and not yet determined.
- Restated financials will be included in the upcoming Form 10-K for the year ended December 31, 2025.
- Audit committee discussed matters with new auditor Grant Thornton LLP, which will reaudit 2024 and audit 2025 financials.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1918102/000110465926041290/0001104659-26-041290-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1918102/000110465926041290/tm2611448d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-041290

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