secwatch.observer — SEC 8-K summary
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Issuer:     Helio Corp /FL/ (HLEO)
CIK:        0001953988
Form:       8-K
Filed at:   2026-01-16T23:59:59+00:00
Accession:  0001213900-26-005256
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Helio Corp raises ~$300k via convertible notes with OID and warrants
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- Issued two convertible promissory notes on Jan 12 and Jan 14, 2026; aggregate principal $330,000, purchase price $300,000.
- Net proceeds of approximately $133,000 per note after placement agent fees and expenses.
- Notes mature in 12 months; one note has scheduled amortization payments beginning July 13, 2026.
- Conversion price is 90% (Jan 12) or 80% (Jan 14) of lowest 10-day VWAP, capped at $0.50 per share.
- Issued 75,000 commitment shares per note; Jan 14 investor also received a 5-year warrant for 330,000 shares at $0.50.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1953988/000121390026005256/0001213900-26-005256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1953988/000121390026005256/ea0273214-8k_helio.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-005256

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