---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-008942"
form_type: "8-K"
ticker: "HSDT"
cik: "0001610853"
company_name: "Solana Co"
filed_at: "2025-06-27T23:59:59+00:00"
generated_at: "2026-05-18T15:51:57.989913+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Helius Medical Technologies announces 1-for-50 reverse stock split effective June 30, 2025 to regain Nasdaq compliance

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-25-008942
- form_type: 8-K
- ticker: HSDT
- cik: 0001610853
- company_name: Solana Co
- filed_at: 2025-06-27T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1610853/000155837025008942/0001558370-25-008942-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1610853/000155837025008942/hsdt-20250627x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-008942
- JSON: https://secwatch.observer/filing/0001558370-25-008942.json
- Plain text: https://secwatch.observer/filing/0001558370-25-008942.txt

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