07/24/2026 | Press release | Distributed by Public on 07/24/2026 14:22
| Item 5.03 | Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. |
On July 20, 2026, Helio Corporation, a Florida corporation (the "Company"), filed Articles of Amendment to its Articles of Incorporation (the "Articles of Amendment") with the Secretary of State of the State of Florida to effect a one-for-five (1-for-5) reverse stock split of the Company's issued and outstanding shares of common stock (the "Reverse Stock Split"). The Articles of Amendment amended Article IV of the Company's Articles of Incorporation. Pursuant to its terms, the Articles of Amendment, and the Reverse Stock Split effected thereby, became effective at 12:01 a.m. Eastern Time on July 20, 2026.
As a result of the Reverse Stock Split, every five shares of the Company's issued and outstanding common stock were automatically combined into one share of common stock, without any action required on the part of the Company's shareholders.
The foregoing description of the Articles of Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Articles of Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.