---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-118348"
form_type: "8-K"
ticker: "HLEO"
cik: "0001953988"
company_name: "Helio Corp /FL/"
filed_at: "2025-12-04T23:59:59+00:00"
generated_at: "2026-05-16T14:55:27.837969+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Founder loan conversion eliminates $1.06M debt; Helio receives default notice on $250K note

## Summary
- Founders Delory and Turin exchanged $1,057,765 principal/interest for 7,398,459 shares at $0.142971/share (20-day VWAP).
- Conversion reduces liabilities and improves debt-equity ratio; no cash paid, shares unregistered under Section 3(a)(9).
- Company received default notice on $250K secured note (9.75% interest) due Nov 5, 2025; evaluating response.
- Two zero-interest on-demand notes for past advances ($25,404 to Delory; $15,773 to Turin) were included in cancelled debt.

## SEC filing metadata
- accession: 0001213900-25-118348
- form_type: 8-K
- ticker: HLEO
- cik: 0001953988
- company_name: Helio Corp /FL/
- filed_at: 2025-12-04T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1953988/000121390025118348/0001213900-25-118348-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1953988/000121390025118348/ea0268513-8k_helio.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-118348
- JSON: https://secwatch.observer/filing/0001213900-25-118348.json
- Plain text: https://secwatch.observer/filing/0001213900-25-118348.txt

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