secwatch.observer — SEC 8-K summary
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Issuer:     I-ON Digital Corp. (IONI)
CIK:        0001580490
Form:       8-K
Filed at:   2022-10-07T23:59:59+00:00
Accession:  0001140361-22-036662
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

I-ON Digital restates Q2 2022 financials; prior statements no longer reliable
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- Error in recognizing loss on deconsolidation of subsidiary Metaflyer Co. Ltd.
- Loss of $100,772 incorrectly recorded in Statements of Operations for Q2 2022.
- Original Form 10-Q filed Aug 22, 2022, will be amended to correct the error.
- Management concluded financial statements for six months ended June 30, 2022, should not be relied upon.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580490/000114036122036662/0001140361-22-036662-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580490/000114036122036662/brhc10042791_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-036662

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