Helio Corp /FL/ (HLEO): debt financing — Helio Corp issues $275k convertible note with 10% interest and 25k commitment shares

Helio Corp /FL/

Issued $275k principal promissory note at $250k purchase price (10% OID), 10% annual interest, matures Aug 26, 2026.
Issued 25,000 unregistered commitment shares to accredited investor as additional consideration; net proceeds ~$200k.
Note convertible upon default at 90% of lowest closing price over prior 10 trading days; 4.99% beneficial ownership cap.
Monthly amortization starts Feb 26, 2026; prepayment allowed; most-favored-nation provision included.
Network 1 Financial Securities served as placement agent and retained for financial advisory services.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Helio Corp /FL/ incurred loan of $275,000 with an accredited investor at 10% per annum maturing 12 months from the issue date.

Instrument: loan
Principal: $275,000
Counterparty: an accredited investor
Rate: 10% per annum
Maturity: 12 months from the issue date
Event: incurrence

Exact text from the filing

the Company issued a promissory note (the “Note”) in the aggregate principal amount of $275,000

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41 debt financings filed in the last 30 days. Browse all debt financings →

Helio Corp /FL/ filing history →

Source: SEC EDGAR

accession 0001213900-25-083484

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