{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-080564","form_type":"8-K","ticker":"HLEO","cik":"0001953988","company_name":"Helio Corp /FL/","filed_at":"2025-08-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.687381+00:00","generated_at":"2026-05-17T10:03:30.459775+00:00","sec_items":["1.01","2.04","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Helio Corp enters stock pledge agreements for $900K notes; disputes default recital","bullets":["Pledges 1M shares each from two insiders (total 2M shares) as collateral for $900K promissory notes.","Collateral coverage ratio set at 400% based on $4.00/share valuation; additional shares may be required.","Agreements state Company failed to make interest payment (event of default); Company disagrees, says payment made July 3, 2025 within grace period.","Company believes the inaccuracy in the default recital is material.","Pledged shares held by ClearTrust; pledgors include former director Pitman and current COO Turin."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-080564","json":"https://secwatch.observer/filing/0001213900-25-080564.json","markdown":"https://secwatch.observer/filing/0001213900-25-080564.md","text":"https://secwatch.observer/filing/0001213900-25-080564.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1953988/000121390025080564/0001213900-25-080564-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1953988/000121390025080564/ea0254036-8k_helio.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:03:30.459775+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f7eabd333972988267b42a4b0085e5124016149f","claim":"Helio Corp /FL/ reported a default on debt of aggregate principal amount of $900,000 with Blackwolf Venture Group LLC and Sean Wolf.","evidence_excerpt":"the “Secured Party”), to secure the Company’s obligations under two outstanding promissory notes previously issued to the Secured Party in the aggregate principal amount of $900,000 (the “Notes”). Pursuant to the Pledge Agreements, each Pledgor pledged 1,000,000 shares of the Company’s common stock as collateral. The Pledge Agreements require the pledged","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1953988/000121390025080564/0001213900-25-080564-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Principal","value":"aggregate principal amount of $900,000"},{"label":"Counterparty","value":"Blackwolf Venture Group LLC and Sean Wolf"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}