Helio Corporation enacts 1-for-5 reverse stock split
Helio Corporation, a Florida corporation, implemented a one-for-five (1-for-5) reverse stock split of its issued and outstanding common stock.
Rhea-AI Filing Summary
Helio Corporation, a Florida corporation, implemented a one-for-five (1-for-5) reverse stock split of its issued and outstanding common stock. This change was effected through Articles of Amendment to its Articles of Incorporation filed with the Florida Secretary of State and 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 issued and outstanding common stock were automatically combined into one share, with no action required from shareholders. The amendment modified Article IV of the company’s Articles of Incorporation, and a copy of the amendment is included as an exhibit.
Positive
- None.
Negative
- None.
Filing Explained
The completed one-for-five reverse split changes the denomination of Helio’s common stock: each five shares became one, with a proportional per-share price increase; the split itself does not change the company’s value.
8-K Event Classification
Key Figures
Key Terms
Reverse Stock Split financial
Articles of Amendment regulatory
Articles of Incorporation regulatory
FAQ
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