Helio Corp settles $879K in promissory notes via stock leak-out agreement with Sean Wolf

Helio Corp /FL/

Settlement covers two 9.75% notes from Oct 2024; principal+interest of $879,163.
Wolf may sell Helio stock under leak-out: up to 4,000 shares or 12% of daily volume (whichever greater) once volume >=20,000.
Upon uplisting or July 5, 2026, daily sale limit increases to 25% of volume.
Wolf provides brokerage statements; net proceeds reduce debt; Helio must remove legend on 225K shares and help with 275K Pitman shares.
If Fidelity declines shares, Helio must find alternative broker within 7 business days or agreement void.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

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

Helio Corp /FL/ entered into Wolf Settlement Agreement with Sean Wolf valued at $879,163 (effective 2026-04-27).

Action: entry
Agreement: settlement
Counterparty: Sean Wolf
Value: $879,163
Effective: 2026-04-27

Exact text from the filing

On April 27, 2026, Helio Corporation (the “ Company ”) entered into a binding settlement agreement (the “ Wolf Settlement Agreement” ) with Sean Wolf (“ Wolf ”)

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119 material agreements filed in the last 30 days. Browse all material agreements →

Helio Corp /FL/ filing history →

Source: SEC EDGAR

accession 0001213900-26-051035

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