TL;DR: Solana Company (HSDT) Material Corporate Update (Filed Oct 30/Nov 5, 2025)
Solana Company, a NASDAQ-listed Delaware corporation (HSDT), disclosed significant governance changes and a major capital return initiative via an 8-K filing.
Governance and Management Changes: Effective October 30, 2025, Jeffrey S. Mathiesen resigned as Executive Chairman and Director. Concurrently, Cosmo Jiang was elected to the Board. Chee Choon Wee commenced as Chairman and CEO on October 30, 2025.
Executive Compensation: Chee Choon Wee’s employment agreement, governed by Hong Kong law, specifi
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