{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-004788","form_type":"8-K","ticker":"HSDT","cik":"0001610853","company_name":"Solana Co","filed_at":"2024-04-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.247936+00:00","generated_at":"2026-06-04T01:49:35.006843+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Helius Medical receives Nasdaq delisting notice for failing minimum equity requirement","bullets":["Stockholders' equity fell below $2.5M as of Dec 31, 2023, triggering Nasdaq Listing Rule 5550(b)(1) non-compliance.","Company has 45 days until May 20, 2024 to submit a plan to regain compliance.","If plan accepted, Nasdaq may grant up to 180-day extension from notice date.","No immediate delisting; common stock continues trading under symbol HSDT."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-004788","json":"https://secwatch.observer/filing/0001558370-24-004788.json","markdown":"https://secwatch.observer/filing/0001558370-24-004788.md","text":"https://secwatch.observer/filing/0001558370-24-004788.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1610853/000155837024004788/0001558370-24-004788-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1610853/000155837024004788/hsdt-20240404x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T01:49:35.006843+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dd5848accf2d7df64478f6f5078a8bb68ae58ff1","claim":"Solana Co received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).","evidence_excerpt":"April 4, 2024, Helius Medical Technologies, Inc. (the “Company”) received written notice from the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company no longer complies with the minimum stockholders’ equity requirement under Nasdaq Listing Rule 5550(b)(1) for continued listing on The Nasdaq Stock Market LLC because the Company’s stockholders' equity, as reported in the Company’s Annual Report on Form 10-K for the fourth quarter and year ended December 31, 2023, has fallen below $2.5 million. The notice also indicates that the Company does not meet the alternative compliance standards.","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1610853/000155837024004788/0001558370-24-004788-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"stockholders equity"},{"label":"Rules","value":"5550(b)(1)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}