Helio Corp. Files S-1/A Amendment

Ticker: HLEO · Form: S-1/A · Filed: Jan 31, 2025 · CIK: 1953988

Helio CORP /Fl/ S-1/A Filing Summary
FieldDetail
CompanyHelio CORP /Fl/ (HLEO)
Form TypeS-1/A
Filed DateJan 31, 2025
Risk Levelmedium
Pages13
Reading Time16 min
Key Dollar Amounts$4.00, $5.00, $350, $1, $2.3
Sentimentneutral

Sentiment: neutral

Topics: ipo, registration-statement, sec-filing

TL;DR

Helio Corp (formerly WEB3 Corp) filed an S-1/A, signaling a step closer to going public.

AI Summary

Helio Corp. filed an S-1/A amendment on January 31, 2025, for its registration statement. The company, formerly known as WEB3 Corp and Stirling Bridge Group Inc., is incorporated in Florida and headquartered in Berkeley, California. This filing relates to the company's public offering of securities.

Why It Matters

This S-1/A filing indicates Helio Corp. is moving forward with its public offering, which could provide capital for growth or acquisitions and impact its stock valuation.

Risk Assessment

Risk Level: medium — As an S-1 filing, it represents a company seeking to raise capital through public markets, which inherently carries risks related to market reception and execution.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of this S-1/A filing for Helio Corp?

The S-1/A filing is an amendment to a registration statement, indicating Helio Corp. is proceeding with its public offering of securities.

What were Helio Corp.'s previous names?

Helio Corp. was formerly known as WEB3 Corp and Stirling Bridge Group Inc.

When was this amendment filed with the SEC?

This amendment (S-1/A) was filed on January 31, 2025.

Where is Helio Corp. headquartered?

Helio Corp. is headquartered at 2448 Sixth Street, Berkeley, CA 94710.

Who is the CEO of Helio Corporation?

Gregory T. Delory is the Chief Executive Officer of Helio Corporation.

Filing Stats: 4,039 words · 16 min read · ~13 pages · Grade level 16.1 · Accepted 2025-01-31 17:24:06

Key Financial Figures

Filing Documents

Risk Factors

Risk Factors   14

Forward Looking Statements

Forward Looking Statements   26

Use of Proceeds

Use of Proceeds   28 Dividend Policy   29 Capitalization   30

Dilution

Dilution   32 Management, Discussion and Analysis of Financial Condition and Results of Operation   34 Description of Business   41 Directors, Executive Officers, and Control Persons   51

Executive Compensation

Executive Compensation   56

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management   60 Certain Relationships and Related Transactions   61

Description of Capital Stock

Description of Capital Stock   63 Shares Eligible for Future Sales   66 U.S. Federal Income Tax Considerations   67

Underwriting

Underwriting   70 Legal Matters   77 Experts   77 Disclosure of SEC Position on Indemnification for Securities Act Liabilities   77 Where You Can Find More Information   78

Financial Statements

Financial Statements   F-1 i Table of Contents ABOUT THIS PROSPECTUS You should rely only on the information provided in this prospectus. Neither we nor the underwriters have authorized anyone to provide you with any additional information or information different from that contained in this prospectus filed with the Securities and Exchange Commission (the “SEC”). We take no responsibility for and can provide no assurances as to the reliability of any other information that others may give you. The underwriters are offering to sell, and seeking offers to buy, our securities only in jurisdictions where offers and sales are permitted. The information contained in this prospectus is accurate only as of the date of those respective documents, regardless of the time of delivery of this prospectus or any sale of our securities. Our business, financial condition, results of operations and prospects may have changed since that date. We have not done anything that would permit this offering or possession or distribution of this prospectus in any jurisdiction where action for that purpose is required, other than in the United States. Persons outside the United States who come into possession of this prospectus must inform themselves about and observe any restrictions as to this offering of securities and the distribution of this prospectus applicable to that jurisdiction. You should read this prospectus in its entirety before making an investment decision. You should also read and consider the information in the documents to which we have referred you in the sections entitled “Where You Can Find More Information.” The information provided in this prospectus contains estimates and other statistical data made by independent parties and by us relating to market size and growth and other data about our industry. We obtained the industry and market data in this prospectus from our own research as well as from industry an

View Full Filing

View this S-1/A filing on SEC EDGAR

View on Read The Filing