Helio Corporation (HLEO) implements 1-for-5 reverse stock split effective July 20, 2026
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
2 items: 5.03, 9.01
2 items
Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Reverse stock split ratio: 1-for-5
Effective date: July 20, 2026
Effective time: 12:01 a.m. Eastern Time
+1 more
4 metrics
Reverse stock split ratio
1-for-5
Each five issued and outstanding common shares were combined into one share
Effective date
July 20, 2026
Date the reverse stock split and Articles of Amendment became effective
Effective time
12:01 a.m. Eastern Time
Time the reverse stock split became effective
Commission File Number
000-56744
SEC file number associated with Helio Corporation
Key Terms
Reverse Stock Split, Articles of Amendment, Articles of Incorporation
3 terms
Reverse Stock Split financial
"to effect a one-for-five (1-for-5) Reverse Stock Split of the Company’s issued"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Articles of Amendment regulatory
"filed Articles of Amendment to its Articles of Incorporation with the Secretary"
Articles of amendment are official documents a corporation files with the government to record changes to its foundational details, such as its name, share structure, authorized capital, or bylaws. Think of them like updating a company’s recipe or blueprint so everyone knows the new ingredients and rules; investors use them to track structural shifts that can affect ownership, voting power, dilution risk, or a company’s strategic flexibility.
Articles of Incorporation regulatory
"Articles of Amendment to its Articles of Incorporation with the Secretary of State"
A formal legal document filed with a government authority that creates a corporation and sets its basic rules — for example the company name, business purpose, how many ownership shares can exist, and who can receive legal notices. It matters to investors because it defines ownership structure, voting rights, and limits on liability, shaping who controls the company and how future shares or dividends can affect an investor’s stake; think of it as the company’s birth certificate and rulebook.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What corporate action did Helio Corporation (HLEO) take on July 20, 2026?
Helio Corporation implemented a 1-for-5 reverse stock split of its issued and outstanding common stock. Every five existing common shares were automatically combined into one share, changing share counts but not involving any direct action or cash transaction by shareholders.
What is the ratio of Helio Corporation (HLEO)’s reverse stock split?
The reverse stock split was conducted at a 1-for-5 ratio. This means each block of five issued and outstanding Helio common shares was automatically consolidated into a single share, reducing the number of shares outstanding without requiring shareholder instructions.
When did Helio Corporation (HLEO)’s reverse stock split become effective?
The reverse stock split became effective at 12:01 a.m. Eastern Time on July 20, 2026. From that moment, issued and outstanding common shares were reflected on a post-split basis under the amended Articles of Incorporation filed in Florida.
How did Helio Corporation (HLEO) effect the reverse stock split legally?
Helio Corporation filed Articles of Amendment to its Articles of Incorporation with the Florida Secretary of State. These Articles of Amendment changed Article IV and formally implemented the 1-for-5 reverse stock split of issued and outstanding common stock.