secwatch.observer — SEC 8-K summary
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Issuer:     Helio Corp /FL/ (HLEO)
CIK:        0001953988
Form:       8-K
Filed at:   2025-11-26T23:59:59+00:00
Accession:  0001213900-25-115539
Event type: debt
Sentiment:  negative
Materiality: 0.80
Item codes: 2.04, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Helio Corp receives default notice on $900K secured notes; engages capital advisor
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- Noteholders asserted default due to nonpayment of two secured notes ($400K and $500K, 9.75% interest) at Nov 5, 2025 maturity.
- Each note has a 15-day cure period; Company is reviewing the notice and discussing with holders.
- Engaged a financial and strategic advisor to evaluate capital structure and indebtedness alternatives.
- Received preliminary indications of interest from certain noteholders but no agreements in place; no outcome assured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1953988/000121390025115539/0001213900-25-115539-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1953988/000121390025115539/ea0267498-8k_helio.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-115539

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