Solana Company OKs $100M share buyback; board changes announced

Solana Co

Board authorized $100M stock repurchase program; open-ended, open market & negotiated transactions.
Jeffrey Mathiesen resigned from board Oct 30, 2025; remains CFO; no disagreement with company.
Cosmo Jiang elected to board at special meeting Oct 30, 2025.
Joseph Chee employment agreement: $525K base salary + $61,250 sign-on bonus + discretionary bonus.
As of Nov 4, 2025, total shares outstanding (including underlying warrants) is 84,130,257.

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