---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-089778"
form_type: "8-K"
ticker: "HSDT"
cik: "0001610853"
company_name: "Solana Co"
filed_at: "2025-09-15T23:59:59+00:00"
generated_at: "2026-05-17T06:38:02.147430+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Helius Medical enters ATM sales agreement for up to $92.8M; authorizes 800M shares

## Summary
- Entered Sales Agreement with Clear Street and Maxim to sell up to $92.8M of Class A common stock in at-the-market offerings.
- Previous sales agreement with Roth Capital Partners terminated.
- Stockholders approved increase in authorized shares to 800M at special meeting on May 23, 2025; company to file charter amendment.
- Agents receive up to 3.00% commission plus expense reimbursement up to $75,000.

## SEC filing metadata
- accession: 0001104659-25-089778
- form_type: 8-K
- ticker: HSDT
- cik: 0001610853
- company_name: Solana Co
- filed_at: 2025-09-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1610853/000110465925089778/0001104659-25-089778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1610853/000110465925089778/tm2526081d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-089778
- JSON: https://secwatch.observer/filing/0001104659-25-089778.json
- Plain text: https://secwatch.observer/filing/0001104659-25-089778.txt

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