---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-091953"
form_type: "8-K"
ticker: "SES"
cik: "0001819142"
company_name: "SES AI Corp"
filed_at: "2022-03-31T23:59:59+00:00"
generated_at: "2026-06-26T12:32:30.263002+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SES AI to restate Q3 2021 financials due to stock-compensation errors

## Summary
- Audit Committee concluded Old SES's unaudited Q3 2021 financials should be restated.
- Errors: incorrect accounting for stock option modification, wrong fair value input, and disclosure issues.
- Stock-based compensation expense increased by $2.6M (three months) and $2.8M (nine months) ended Sep 30, 2021.
- Restatement has no impact on previously reported cash flows or cash balances.
- Company will file restated financials in an amended Business Combination Form 8-K.

## SEC filing metadata
- accession: 0001193125-22-091953
- form_type: 8-K
- ticker: SES
- cik: 0001819142
- company_name: SES AI Corp
- filed_at: 2022-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819142/000119312522091953/0001193125-22-091953-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819142/000119312522091953/d342080d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-091953
- JSON: https://secwatch.observer/filing/0001193125-22-091953.json
- Plain text: https://secwatch.observer/filing/0001193125-22-091953.txt

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