---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-21-005988"
form_type: "8-K"
ticker: "SLSN"
cik: "0000883107"
company_name: "SOLESENCE, INC."
filed_at: "2021-08-16T23:59:59+00:00"
generated_at: "2026-06-29T10:47:41.768454+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nanophase restates Q1 2021 financials over PPP loan forgiveness timing; cites material weakness

## Summary
- Board determined Q1 2021 10-Q requires restatement to reflect PPP loan forgiveness; original filing no longer reliable.
- PPP loan forgiveness approved Feb 2021 but notice received June 2021; gain to be reclassified to other income for Q1.
- Material weakness identified in management review controls related to PPP loan forgiveness; corrective measures planned.
- Company will file Form 10-Q/A to restate Q1 2021 consolidated financial statements.
- Principal executive officer discussed matters with Board and independent auditor RSM US LLP.

## SEC filing metadata
- accession: 0001171843-21-005988
- form_type: 8-K
- ticker: SLSN
- cik: 0000883107
- company_name: SOLESENCE, INC.
- filed_at: 2021-08-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883107/000117184321005988/0001171843-21-005988-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883107/000117184321005988/f8k_081621.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-21-005988
- JSON: https://secwatch.observer/filing/0001171843-21-005988.json
- Plain text: https://secwatch.observer/filing/0001171843-21-005988.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.