Helio Corp /FL/ 8-K

What Happened
Helio Corporation filed an 8-K dated January 27, 2026 reporting that its Board appointed Vikas “Vik” Parti (effective Jan 21, 2026), and Mario Martinez and Bruce T. Campbell (both effective Jan 26, 2026) as directors. The Board named Mr. Parti Chairman of Intellectual Property, Mr. Martinez Chairman of the Audit Committee, and Mr. Campbell Chairman of the Compensation Committee. Each will serve for a one-year term or until the next annual meeting and has been determined to be independent under SEC and exchange standards.

Key Details

• Appointment dates: Vikas Parti — Jan 21, 2026; Mario Martinez and Bruce T. Campbell — Jan 26, 2026.
• Committee roles: Parti — Chair, Intellectual Property; Martinez — Chair, Audit Committee (designated an “audit committee financial expert”); Campbell — Chair, Compensation Committee.
• Director compensation: each director is eligible for equity compensation with an aggregate annual value of $100,000, payable as quarterly restricted stock awards of $25,000 each (shares sized by market price at quarter end). Awards cover service beginning Jan 30, 2026 through the 2027 annual meeting, subject to approval and continued service.
• Governance protections: Company will reimburse reasonable director expenses, provide indemnification to the fullest extent permitted, and maintain directors’ & officers’ liability insurance. No related-party arrangements or family relationships were disclosed.

Why It Matters
These board additions add expertise in intellectual property, finance/accounting, and operational/compensation matters—areas that can affect Helio’s strategy, financial oversight, and executive pay governance. Martinez’s audit committee financial expert designation is relevant to investors because it signals added financial oversight on accounting and controls. The announced equity-based director pay (annual value $100,000) is a concrete governance cost and will result in future stock awards if approved. Overall, the filing is a governance update that may influence investors’ view of the company’s oversight and strategic capabilities.