secwatch.observer — SEC 8-K summary
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Issuer:     Solana Co (HSDT)
CIK:        0001610853
Form:       8-K
Filed at:   2025-02-07T23:59:59+00:00
Accession:  0001558370-25-000717
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 5.08, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Helius Medical faces Nasdaq delisting; to appeal, sets 2025 annual meeting for April 21
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- Received Nasdaq delisting notice on Feb 7, 2025 for continued bid price below $1; intends to appeal, hearing stays delisting.
- On Jan 21, 2025, entered warrant inducement to exercise existing warrants at $0.751/share for 4.97M shares, issuing new warrants for up to 6.21M shares pending stockholder approval.
- 2025 Annual Meeting set for April 21, 2025; record date March 12, 2025; stockholder proposal and director nomination deadline is Feb 17, 2025.
- No assurance of regaining compliance; common stock remains listed on Nasdaq pending hearing outcome.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1610853/000155837025000717/0001558370-25-000717-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1610853/000155837025000717/hsdt-20250207x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-000717

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