Helio Corp. Files S-1 Registration

TL;DR

Helio Corp. (space vehicles) filed S-1, prepping for IPO.

AI Summary

Helio Corp. (formerly WEB3 Corp and Stirling Bridge Group Inc.) filed an S-1 registration statement with the SEC on December 27, 2024. The company, incorporated in Florida and headquartered in Berkeley, CA, is involved in the Guided Missiles & Space Vehicles & Parts industry. The filing indicates a potential public offering, though specific dollar amounts and dates for such an event are not detailed in this initial document.

Why It Matters

This S-1 filing signals Helio Corp.'s intent to potentially raise capital through a public offering, which could significantly impact its growth and market presence in the aerospace sector.

Risk Assessment

Risk Level: medium — As an S-1 filing, it represents a company seeking to go public, which inherently carries risks associated with market reception, regulatory hurdles, and operational scaling.

Key Numbers

• 3760 — SIC Code (Indicates industry focus on Guided Missiles & Space Vehicles & Parts.)
• 1031 — Fiscal Year End (The company's financial reporting cycle concludes on October 31st.)

Key Players & Entities

• Helio Corp. (company) — Issuer
• WEB3 Corp (company) — Former company name
• Stirling Bridge Group Inc (company) — Former company name
• Gregory T. Delory (person) — Chief Executive Officer
• James S. Byrd, Esq. (person) — Legal Counsel
• Rakesh Gopalan, Esq. (person) — Legal Counsel
• David S. Wolpa, Esq. (person) — Legal Counsel
• 3760 (dollar_amount) — Standard Industrial Classification Code
• 920286004 (dollar_amount) — IRS Employer Identification Number
• 333-284062 (dollar_amount) — SEC File Number

FAQ

Key Financial Figures

• $4.00 — initial offering price will be between $4.00 and $5.00 per share. We have applied t
• $5.00 — ffering price will be between $4.00 and $5.00 per share. We have applied to have our
• $4.50 — or our stock on the OTC Pink Market was $4.50 per share. We are an “emerging
• $350 billion — e marketplace is projected to grow from $350 billion today to over $1 trillion by 2040 (Morg
• $1 — to grow from $350 billion today to over $1 trillion by 2040 (Morgan Stanley, Citi
• $2.3 billion — have an average market size per year of $2.3 billion for Science & Technology, $750 million
• $750 million — $2.3 billion for Science & Technology, $750 million for Earth Observation, $5.2 billion for
• $5.2 billion — gy, $750 million for Earth Observation, $5.2 billion for Space Domain Awareness and $1.5 bil
• $1.5 billion — billion for Space Domain Awareness and $1.5 billion for In-Orbit Services from 2025 through
• $10 million — ations. Project sizes range from large, $10 million+ contracts under cost-plus or fixed pri
• $100,000 — small low-cost solutions costing in the $100,000 – $200,000 range performed under
• $200,000 — lutions costing in the $100,000 – $200,000 range performed under purchase order te
• $11.8 million — conducted from 2017-2024 pursuant to an $11.8 million cost plus contract. These radar antenna
• $1.1 million — ered over a 2-year period pursuant to a $1.1 million contract. Deployable sensors and mech
• $1.3 million — ngoing with combined contract values of $1.3 million. We provided four deployable antennas

Filing Documents

• ea0225697-s1_heliocorp.htm (S-1) — 1271KB
• ea022569701ex23-1_heliocorp.htm (EX-23.1) — 2KB
• ea022569701ex-fee_heliocorp.htm (EX-FILING FEES) — 18KB
• image_001.jpg (GRAPHIC) — 12KB
• image_002.jpg (GRAPHIC) — 442KB
• image_003.jpg (GRAPHIC) — 84KB
• image_004.jpg (GRAPHIC) — 55KB
• image_005.jpg (GRAPHIC) — 56KB
• image_006.jpg (GRAPHIC) — 84KB
• image_007.jpg (GRAPHIC) — 55KB
• image_008.jpg (GRAPHIC) — 56KB
• image_009.jpg (GRAPHIC) — 5KB
• image_010.jpg (GRAPHIC) — 5KB
• image_011.jpg (GRAPHIC) — 3KB
• 0001213900-24-113092.txt ( ) — 2472KB

TABLE OF CONTENTS

ITEM 2. TABLE OF CONTENTS Page Prospectus Summary 1 Summary of the Offering 10

Forward Looking Statements

Forward Looking Statements 24

Use of Proceeds

Use of Proceeds 25 Dividend Policy 26 Capitalization 27

Dilution

Dilution 28 Management, Discussion and Analysis of Financial Condition and Results of Operation 29 Description of Business 35 Directors, Executive Officers, and Control Persons 43

Executive Compensation

Executive Compensation 47

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 49 Certain Relationships and Related Transactions 50

Description of Capital Stock

Description of Capital Stock 51 Shares Eligible for Future Sales 54 U.S. Federal Income Tax Considerations 55

Underwriting

Underwriting 57 Legal Matters 64 Experts 64 Disclosure of SEC Position on Indemnification for Securities Act Liabilities 64 Where You Can Find More Information 65

Financial Statements

Financial Statements F-1 Other Expenses of Issuance and Distribution II-1 Recent Sale of Unregistered Securities II-2 Exhibits II-3 Undertakings II-4

Signatures

Signatures II-6 i 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 and general publications, surveys and studies conducted by t

View Full Filing

View this S-1 filing on SEC EDGAR