Helio Corp /FL/

Helio Corporation entered a binding settlement agreement with Sean Wolf on April 27, 2026, to resolve an $879,163 outstanding obligation from two promissory notes. The debt will be satisfied through net proceeds from Wolf's sales of Helio common stock, subject to specific leak-out terms, and direct company payments. The agreement includes provisions for share transfers, legend removal, and brokerage firm cooperation, with the agreement becoming void if an alternate brokerage firm cannot be secured under certain conditions.

Helio Corp entered into an Exchange Agreement with Gregory T. Delory to convert outstanding promissory notes totaling $327,629 into common stock. The conversion will be executed at a price of $2.1845 per share, determined by the 20-day volume-weighted average price. This transaction will result in the issuance of 149,979 shares to Delory, effectively canceling the company's debt obligations under the notes.