secwatch.observer — SEC 8-K summary
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Issuer:     Helio Corp /FL/ (HLEO)
CIK:        0001953988
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001213900-26-015666
Event type: debt
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 2.04, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Helio receives default notices on $250k in promissory notes; reports continued SBIR progress
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- Received default notices from three note holders demanding immediate payment of $250k principal plus interest; legal action threatened within 15 days.
- Company engaged in discussions with holders; outcome uncertain.
- Announced continued development and upcoming testing of NASA SBIR Phase II QuasiStatic Release Mechanism (QSRM) for spacecraft deployment.
- Appointed Oliver Fildes as Lead Systems Engineer for space-based solar power (SBSP) initiatives; he has 15+ years aerospace experience.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1953988/000121390026015666/0001213900-26-015666-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1953988/000121390026015666/ea0276924-8k_heliocorp.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-015666

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer