other
confidence high
sentiment neutral
materiality 0.50
Helius Medical Technologies announces 1-for-50 reverse stock split effective June 30, 2025 to regain Nasdaq compliance
Solana Co
- Reverse split ratio 1-for-50; effective 5:00 p.m. ET June 30, 2025; split-adjusted trading begins July 1.
- Outstanding shares reduced from ~33.8M to ~0.7M; authorized shares unchanged at 150M.
- Proportional adjustments to per-share exercise price and shares underlying options, RSUs, and warrants.
- New CUSIP number 42328V 876; ticker HSDT and par value $0.001 unchanged.
- Split approved by board on June 20, 2025, after stockholder authorization on May 23, 2025.
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