Helio Corporation Announces 1-for-5 Reverse Stock Split

What Happened

• Helio Corporation (Florida) filed Articles of Amendment on July 20, 2026 to effect a one-for-five (1-for-5) reverse stock split of its issued and outstanding common stock. The amendment to Article IV of the company’s Articles of Incorporation became effective at 12:01 a.m. Eastern Time on July 20, 2026. No action was required by shareholders for the combination of shares.

Key Details

• Reverse split ratio: 1 new share for every 5 existing shares.
• Effective date/time: July 20, 2026 at 12:01 a.m. Eastern Time.
• Corporate filing: Articles of Amendment filed with the Florida Secretary of State; copy included as Exhibit 3.1 to the Form 8-K.
• Shareholder action: Automatic; shareholders did not need to surrender certificates or vote for the change.

Why It Matters

• The reverse split reduces the number of outstanding shares and proportionally increases the per-share price; your total ownership percentage (absent other transactions) should remain the same.
• Investors should expect their brokerage accounts or share certificates to reflect the adjusted share counts after the split. The filing does not detail treatment of fractional shares or other operational effects, so holders should check communications from the company or their brokers for settlement details.
• This is a corporate capitalization change, not an earnings or management announcement; it may affect liquidity and share price appearance but does not by itself change the company’s underlying business or financial results.