---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-011764"
form_type: "8-K"
ticker: "HSDT"
cik: "0001610853"
company_name: "Solana Co"
filed_at: "2024-08-09T23:59:59+00:00"
generated_at: "2026-05-31T10:23:59.940429+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Helius Medical receives Nasdaq delisting notice for bid price below $1.00 for 30 days

## Summary
- Nasdaq letter dated Aug 9, 2024; compliance period until Feb 5, 2025 to regain minimum bid price.
- Class A common stock (HSDT) must close at or above $1.00 for 10 consecutive business days.
- If not cured by Feb 5, 2025, Company may qualify for additional 180-day extension by meeting other listing standards.
- Company will monitor and consider options but cannot assure regaining compliance.

## SEC filing metadata
- accession: 0001558370-24-011764
- form_type: 8-K
- ticker: HSDT
- cik: 0001610853
- company_name: Solana Co
- filed_at: 2024-08-09T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1610853/000155837024011764/0001558370-24-011764-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1610853/000155837024011764/hsdt-20240809x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-011764
- JSON: https://secwatch.observer/filing/0001558370-24-011764.json
- Plain text: https://secwatch.observer/filing/0001558370-24-011764.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.