secwatch.observer — SEC 8-K summary
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Issuer:     Solana Co (HSDT)
CIK:        0001610853
Form:       8-K
Filed at:   2025-06-27T23:59:59+00:00
Accession:  0001558370-25-008942
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1610853/000155837025008942/0001558370-25-008942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1610853/000155837025008942/hsdt-20250627x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-008942

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