SOLANA COMPANY 8-K Summary (Oct 30, 2025)

The company, formerly Helius Medical Technologies, Inc., held a Special Meeting of Stockholders and approved several critical proposals:

• Governance: Elected Cosmo Jiang as a new director.
• Equity Issuance Approval: Stockholders approved two actions requiring Nasdaq Rule 5635(a) compliance:
  • Issuance of Class A Common Stock upon exercise of Strategic Advisor Warrants (Pantera/Summer Wisdom).
  • Issuance of Class A Common Stock upon exercise of Cryptocurrency Warrants used in a prior private placement involving