secwatch.observer — SEC 8-K summary
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Issuer:     Solana Co (HSDT)
CIK:        0001610853
Form:       8-K
Filed at:   2025-06-23T23:59:59+00:00
Accession:  0001558370-25-008785
Event type: regulatory
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1610853/000155837025008785/0001558370-25-008785-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1610853/000155837025008785/hsdt-20250623x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-008785

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