secwatch.observer — SEC 8-K summary
======================================

Issuer:     Helio Corp /FL/ (HLEO)
CIK:        0001953988
Form:       8-K
Filed at:   2026-05-15T20:01:32+00:00
Accession:  0001213900-26-057683
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Helio Corporation shareholders approve reverse stock split to facilitate exchange uplisting
--------------------------------------------------------------------------------

- Written consent from holders of 64.44% of shares (16.33M of 25.34M) approving reverse split at ratio of 1.25:1 to 5:1.
- Three majority shareholders: Gregory Delory (22.10%), Paul Turin (30.50%), Edward Cabrera (11.84%).
- Board to determine exact ratio and timing within 12 months; split intended to meet $4.00 minimum bid price for Nasdaq or NYSE listing.
- Company also plans an underwritten public offering in conjunction with the uplisting.
- Fractional shares will be rounded up to nearest whole share or paid in cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1953988/000121390026057683/0001213900-26-057683-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1953988/000121390026057683/ea0291156-8k_helio.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-057683

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