---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-008132"
form_type: "8-K"
ticker: "HSDT"
cik: "0001610853"
company_name: "Solana Co"
filed_at: "2025-05-23T23:59:59+00:00"
generated_at: "2026-05-20T14:26:06.269668+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Helius Medical stockholders approve reverse stock split and share authorization increase

## Summary
- Reverse stock split (1:2 to 1:250) approved; already effected on May 2, 2025 (votes: 4,126,134 for, 262,889 against).
- Authorized shares increased to up to 800M shares (votes: 4,204,034 for, 154,412 against).
- Approval to issue up to 148,621,326 shares in potential financing under Nasdaq rules (votes: 2,434,917 for, 113,603 against, 1.83M broker non-votes).
- Amendment to 2022 Equity Incentive Plan approved (votes: 2,382,565 for, 148,780 against).
- Adjournment authorization approved to solicit more proxies if needed (votes: 4,195,183 for).

## SEC filing metadata
- accession: 0001558370-25-008132
- form_type: 8-K
- ticker: HSDT
- cik: 0001610853
- company_name: Solana Co
- filed_at: 2025-05-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1610853/000155837025008132/0001558370-25-008132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1610853/000155837025008132/hsdt-20250523x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-008132
- JSON: https://secwatch.observer/filing/0001558370-25-008132.json
- Plain text: https://secwatch.observer/filing/0001558370-25-008132.txt

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