Helius regains Nasdaq equity compliance with $6.6M equity after $8.1M offering

Solana Co

Stockholders' equity of $6.561M as of June 17, 2025, above Nasdaq's $2.5M minimum.
Public offering closed June 6, 2025, net proceeds of approximately $8.1M.
Cash and cash equivalents $6.414M; total assets $8.246M, total liabilities $1.685M.
Company awaits Nasdaq formal confirmation of continued listing on The Nasdaq Capital Market.
Previously disclosed deficiency extended to June 30, 2025; compliance achieved before deadline.

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