Helio raises $931,500 via Series B Convertible Preferred private placement

Helio Corp /FL/

Sold 1,000 shares of Series B Convertible Preferred at $931.50 stated value per share for aggregate proceeds of $931,500.
Each preferred share convertible into one common share at initial conversion price of $931.50, subject to adjustment and 4.99% beneficial ownership cap.
Series B pays no cash dividends, has liquidation preference equal to stated value, and is redeemable by company at any time at stated value.
Sale exempt from registration under Section 4(a)(2) and Rule 506(b); purchaser is accredited investor.
Leak-out provision limits common stock sales to 15% of daily trading volume during specified period.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Helio Corp /FL/ issued 1,000 shares of preferred stock to an investor (the "Purchaser") for aggregate purchase price of $931,500.

Security: preferred stock
Shares: 1,000 shares
Purchaser: an investor (the "Purchaser")
Consideration: aggregate purchase price of $931,500

Exact text from the filing

On March 5, 2026, Helio Corporation (the “ Company ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with an investor (the “ Purchaser ”), pursuant to which the Company sold to the Purchaser 1,000 shares of the Company’s Series B Convertible Preferred Stock, par value $0.001 per share (the “ Series B Preferred Stock ”), for an aggregate purchase price of $931,500.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Helio Corp /FL/ entered into Securities Purchase Agreement with an investor valued at $931,500 (effective 2026-03-05).

Action: entry
Agreement: equity purchase
Counterparty: an investor
Value: $931,500
Effective: 2026-03-05

Exact text from the filing

On March 5, 2026, Helio Corporation (the “ Company ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with an investor (the “ Purchaser ”), pursuant to which the Company sold to the Purchaser 1,000 shares of the Company’s Series B Convertible Preferred Stock, par value $0.001 per share (the “ Series B Preferred Stock ”), for an aggregate purchase price of $931,500.

View on SEC.gov

Browse all equity issuances →

Helio Corp /FL/ filing history →

Source: SEC EDGAR

accession 0001213900-26-026159

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.