- Helio Corporation entered into Stockholder Pledge Agreements on **July 2, 2025**, with Joseph Pitman and Paul Turin, to secure **$900,000** in outstanding promissory notes owed to Blackwolf Venture Group LLC and Sean Wolf.  **[1953988_0001213900-25-080564_ea0254036-8k_helio.htm:1]** **[1953988_0001213900-25-080564_ea025403601ex10-1_helio.htm:0]** **[1953988_0001213900-25-080564_ea025403601ex10-2_helio.htm:0]** 
- As collateral, Joseph Pitman and Paul Turin each pledged **1,000,000 shares** of Helio Corporation's common stock.  **[1953988_0001213900-25-080564_ea0254036-8k_helio.htm:1]** **[1953988_0001213900-25-080564_ea025403601ex10-1_helio.htm:1]** **[1953988_0001213900-25-080564_ea025403601ex10-2_helio.htm:1]** 
- The agreements require the pledged shares to maintain a collateral coverage ratio of **400%** of the outstanding principal amount of the notes, based on a **$4.00 per share** valuation.  **[1953988_0001213900-25-080564_ea0254036-8k_helio.htm:1]** **[1953988_0001213900-25-080564_ea025403601ex10-2_helio.htm:13]** **[1953988_0001213900-25-080564_ea025403601ex10-1_helio.htm:13]** 
- Helio Corporation **disputes** a recital in the Pledge Agreements claiming it failed to make an interest payment, asserting the payment for the quarter ended June 30, 2025, was made on **July 3, 2025**, within the required timeframe.  **[1953988_0001213900-25-080564_ea0254036-8k_helio.htm:1]** **[1953988_0001213900-25-080564_ea0254036-8k_helio.htm:2]**

Helio Corp /FL/ (HLEO)