---
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"
generated_at: "2026-05-17T10:03:30.459775+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Helio Corp enters stock pledge agreements for $900K notes; disputes default recital

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.04, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-080564
- JSON: https://secwatch.observer/filing/0001213900-25-080564.json
- Plain text: https://secwatch.observer/filing/0001213900-25-080564.txt

## Key facts
- Debt Financings
  Helio Corp /FL/ reported a default on debt of aggregate principal amount of $900,000 with Blackwolf Venture Group LLC and Sean Wolf.
  - Principal: aggregate principal amount of $900,000
  - Counterparty: Blackwolf Venture Group LLC and Sean Wolf
  - Event: default
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1953988/000121390025080564/0001213900-25-080564-index.htm

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