- Helio Corporation entered into a Securities Purchase Agreement on **August 26, 2025**, to issue a promissory note with a principal amount of **$275,000** for a purchase price of **$250,000**, reflecting a **$25,000** original issue discount.  **[1953988_0001213900-25-083484_ea025561001ex10-1_helio.htm:0]** **[1953988_0001213900-25-083484_ea025561001ex10-2_helio.htm:0]** **[1953988_0001213900-25-083484_ea0255610-8k_helio.htm:1]** 
- The note bears interest at **10% per annum** and matures **12 months from its issue date** (August 26, 2026).  **[1953988_0001213900-25-083484_ea025561001ex10-2_helio.htm:0]** **[1953988_0001213900-25-083484_ea0255610-8k_helio.htm:1]** 
- As additional consideration for the purchase of the note, the company issued **25,000 unregistered shares of common stock** to the buyer.  **[1953988_0001213900-25-083484_ea025561001ex10-1_helio.htm:0]** **[1953988_0001213900-25-083484_ea0255610-8k_helio.htm:1]** 
- Helio Corporation received approximately **$200,000** in net proceeds from the sale of the note, after deducting legal and placement agent fees, which it intends to use for **general corporate and working capital purposes**.  **[1953988_0001213900-25-083484_ea0255610-8k_helio.htm:1]** 
- The note is convertible into common stock at a price equal to **90% of the lowest closing price** during the 10 trading days prior to conversion, with monthly amortization payments commencing on **February 26, 2026**.  **[1953988_0001213900-25-083484_ea0255610-8k_helio.htm:1]** **[1953988_0001213900-25-083484_ea025561001ex10-2_helio.htm:4]**

Helio Corporation issues **$275,000** convertible promissory note

- 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)