Welcome to our dedicated page for Helio SEC filings (Ticker: HLEO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Helio Corporation’s SEC filings document material agreements, capital-structure changes, governance actions, and reporting obligations for an emerging growth company with no securities registered under Section 12(b). Recent Form 8-K filings cover note settlements and exchanges, convertible preferred stock financing, promissory note obligations, Regulation FD press releases, auditor changes, and board appointments.
The filing record also includes Form 12b-25 notices tied to delayed annual and quarterly reports while financial statements and related disclosures were being completed or reviewed. Company disclosures address accounting and audit matters, going-concern language in prior audit reports, preferred-stock terms, common-stock issuance mechanics, and the company’s space-based solar power and NASA SBIR-related technology updates.
Helio Corporation entered into an Exchange Agreement with its Chief Technology Officer, Gregory T. Delory, on April 22, 2026. Promissory notes held by Delory with an aggregate outstanding principal of $327,629 were cancelled in exchange for 149,979 shares of common stock, using a $2.1845 volume-weighted average price based on the prior twenty trading days.
On the same date, Helio issued a zero-interest, on-demand promissory note for $327,629 to Delory to document past advances, which was immediately included in the Exchange Agreement and cancelled concurrently with the share issuance obligation. On April 28, 2026, the 149,979 shares were issued to Delory in an unregistered transaction relying on Section 3(a)(9) of the Securities Act, with no commissions paid and the shares classified as restricted and control securities under Rule 144.
Helio Corporation reported a sharp deterioration in results for the three months ended January 31, 2026. Revenue fell to $495,550 from $1,427,576 a year earlier, while net loss widened to $3,733,728 compared with $919,142, reflecting lower contract volume and higher operating costs.
Cash was $282,061 against total liabilities of $5,028,519, leaving a shareholders’ deficit of $3,886,719. The company carries substantial notes payable of $1,727,432 and convertible notes payable of $481,517, and discloses substantial doubt about its ability to continue as a going concern.
Helio Corporation entered into a Securities Purchase Agreement with an investor to sell 1,000 shares of Series B Convertible Preferred Stock for $931,500. Each preferred share has a stated value of $931.50 and is initially convertible into common stock at a $931.50 conversion price, subject to adjustment.
The Series B Preferred Stock carries a liquidation preference equal to 100% of its stated value, pays no cash dividends, and may be redeemed by the company at the stated value. Conversion is limited by a 4.99% beneficial ownership cap, and holders have no voting rights other than as required by law or for adverse amendments.
The investor’s sales of the underlying common stock are subject to a leak-out provision that ties daily sales to a percentage of trading volume. The Board also designated 1,000 authorized preferred shares as Series B Convertible Preferred Stock via a Certificate of Designations, which becomes effective upon filing with the Florida Department of State.
Helio Corporation reported that its Board dismissed Astra Audit & Advisory, LLC as its independent registered public accounting firm effective February 21, 2026, and engaged Hacker, Johnson & Smith PA to audit its financial statements for the fiscal year ending October 31, 2026.
Astra’s audit reports for the years ended October 31, 2025 and 2024 contained no adverse or qualified opinions, but did include explanatory paragraphs expressing substantial doubt about Helio’s ability to continue as a going concern. The company states there were no disagreements or reportable events with Astra during this period.
The new auditor, a PCAOB-registered firm, will also review Helio’s interim financial statements for fiscal 2026. In a related press release, Helio links this engagement to preparations for a planned uplisting to the NYSE and to strengthening its financial reporting and governance framework.
Helio Corporation reports sharply weaker results and severe liquidity pressure for the year ended October 31, 2025. Revenue fell 44% to $3.9 million from $6.9 million as NASA-related work slowed, while cost of sales rose to 75% of revenue, compressing margins.
The company’s net loss more than doubled to $4.0 million from $1.9 million, and year-end cash dropped to $7,305, leaving a shareholders’ deficit of $4.1 million. Helio carries significant related-party and third‑party debt and has received multiple default notices on promissory notes maturing in late 2025.
Auditors highlighted “substantial doubt” about Helio’s ability to continue as a going concern. Management is pursuing new debt and equity financing while trying to diversify away from heavy U.S. government revenue concentration and developing a long-term space-based solar power strategy.
Helio Corporation reported that on February 7, 2026 it received default and demand-for-payment notices from holders of certain promissory notes, each alleging default and seeking immediate repayment of principal plus accrued interest, with potential legal action if amounts are not paid within 15 days. The company is evaluating these notices and discussing them with the noteholders, and states it cannot predict the outcome.
Separately, Helio highlighted continued progress under its Phase II NASA Small Business Innovation Research program to commercialize its QuasiStatic Release Mechanism, including extensive upcoming testing. It also appointed Oliver Fildes as Lead Systems Engineer for its space-based solar power program and commented on growing global momentum behind space-based solar power as a future energy infrastructure.
Helio Corporation announced the appointment of three new independent directors to its Board. On January 21, 2026, the Board named Vikas “Vik” Parti as a director and Chairman of Intellectual Property. On January 26, 2026, Mario Martinez and Bruce T. Campbell were appointed as directors.
Martinez was named Chairman of the Audit Committee and qualifies as an “audit committee financial expert,” while Campbell was named Chairman of the Compensation Committee. Each director will receive annual equity compensation valued at $100,000, issued as quarterly restricted stock awards of $25,000 beginning January 30, 2026, and will serve until the 2026 annual meeting, with indemnification and expense reimbursement rights.
Helio Corporation appointed Mark Knauf as its new Chief Financial Officer effective January 19, 2026. Knauf is a 61-year-old Certified Public Accountant with more than 32 years of experience in business and tax accounting and economic consulting, including prior service as a CFO and long tenure leading his own accounting firm.
Under a new Executive Employment Agreement, he will serve an initial one-year term with automatic one-year renewals. His compensation includes up to 100,000 shares of Helio common stock over one year, vesting in quarterly installments of 25,000 shares beginning January 20, 2026, as restricted stock valued using the 30-day moving average trading price before each grant. He is eligible for a $120,000 annual base salary, or $10,000 per month, but cash salary becomes payable only after Helio raises at least $10.0 million in aggregate gross proceeds. The agreement provides three months of salary and benefits as severance for certain terminations and includes standard confidentiality and arbitration terms.