Solidion Q2 net income $22M ($0.23 EPS) on derivative gain; core ops loss $2.9M; director resigns

Solidion Technology Inc.

2024-Q2 EPS reported -$0.09

Net income of $22.0M ($0.23 EPS) includes $25.0M gain from change in derivative liabilities.
Continuing operations loss of $2.9M; company remains in pre-revenue commercialization stage.
CEO Jaymes Winters cites progress on graphite and silicon anode battery materials.
Director James Vance resigned Aug 12, 2024, with no disagreement regarding operations or practices.

item 2.02 item 5.02 item 9.01

Executive movements

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Departed

James Vance

Director

STI · Solidion Technology Inc.

Effective: 2024-08-12
Filed: August 16, 2024, 7:59 PM ET

On August 12, 2024, James Vance notified the Board of Directors (the “Board”) of the Company of his resignation as a member of the Board, effective as of such date.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

James Vance resigned as Director at Solidion Technology Inc..

Action: resigned
Role: Director

Exact text from the filing

On August 12, 2024, James Vance notified the Board of Directors (the “Board”) of the Company of his resignation as a member of the Board, effective as of such date.

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Solidion Technology Inc. filing history →

Source: SEC EDGAR

accession 0001213900-24-069913

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