{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-005939","form_type":"8-K","ticker":"HSDT","cik":"0001610853","company_name":"Solana Co","filed_at":"2025-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.013516+00:00","generated_at":"2026-05-23T02:23:05.452334+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Helius announces 1-for-15 reverse stock split effective May 1 to maintain Nasdaq listing","bullets":["Reverse split approved by board at 1-for-15 ratio, effective 5:00 pm ET on May 1, 2025.","Outstanding shares will reduce from ~7.9M to ~0.5M; authorized shares unchanged at 150M.","Common stock to trade split-adjusted on Nasdaq under symbol HSDT starting May 2, 2025.","Fractional shares rounded down for cash; exercise prices of options/warrants adjusted proportionately.","Split is intended to comply with Nasdaq continued listing requirements."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-005939","json":"https://secwatch.observer/filing/0001558370-25-005939.json","markdown":"https://secwatch.observer/filing/0001558370-25-005939.md","text":"https://secwatch.observer/filing/0001558370-25-005939.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1610853/000155837025005939/0001558370-25-005939-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1610853/000155837025005939/hsdt-20250430x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T02:23:05.452334+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}