other_material
confidence high
sentiment neutral
materiality 0.50
Helio Corp exchanges $327,629 CTO notes for 149,979 shares at $2.1845 VWAP
Helio Corp /FL/
- CTO Gregory Delory exchanged $327,629 in promissory notes (principal only, no interest) for 149,979 common shares.
- Conversion price set at $2.1845 per share (20-day VWAP as of April 22, 2026).
- Shares issued under Section 3(a)(9) exemption; no commissions paid; shares are unregistered and restricted.
- Note represented prior advances from Sep-Dec 2025, not new borrowings; cancelled immediately upon exchange.