Solana Co. Appoints New Auditor, CohnReznick LLP
Ticker: HSDT · Form: 8-K · Filed: Oct 16, 2025 · CIK: 1610853
| Field | Detail |
|---|---|
| Company | Solana Co (HSDT) |
| Form Type | 8-K |
| Filed Date | Oct 16, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
Solana Co. swapped auditors from EisnerAmper to CohnReznick, no drama reported.
AI Summary
Solana Co. announced on October 15, 2025, that it has appointed a new independent registered public accounting firm, CohnReznick LLP, effective immediately. This change follows the resignation of the company's former auditor, EisnerAmper LLP, on October 14, 2025. The company stated that the decision to change auditors was not a result of any disagreements with EisnerAmper LLP.
Why It Matters
A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, potentially impacting investor confidence.
Risk Assessment
Risk Level: low — The filing is a routine change of auditor and explicitly states no disagreements, indicating low immediate risk.
Key Players & Entities
- Solana Co. (company) — Registrant
- CohnReznick LLP (company) — Newly appointed independent registered public accounting firm
- EisnerAmper LLP (company) — Former independent registered public accounting firm
- October 15, 2025 (date) — Effective date of new auditor appointment
- October 14, 2025 (date) — Date of former auditor's resignation
FAQ
When was the change in certifying accountant effective?
The change was effective immediately as of October 15, 2025.
Who is Solana Co.'s new independent registered public accounting firm?
Solana Co.'s new independent registered public accounting firm is CohnReznick LLP.
When did Solana Co.'s former auditor resign?
Solana Co.'s former auditor, EisnerAmper LLP, resigned on October 14, 2025.
Were there any disagreements between Solana Co. and its former auditor?
No, the filing explicitly states that the decision to change auditors was not prompted by any disagreements between Solana Co. and EisnerAmper LLP.
What is Solana Co.'s state of incorporation and fiscal year end?
Solana Co. is incorporated in Delaware and its fiscal year ends on December 31.
Filing Stats: 913 words · 4 min read · ~3 pages · Grade level 14.9 · Accepted 2025-10-16 16:05:11
Key Financial Figures
- $0.001 — hich registered Class A Common Stock, $0.001 par value HSDT The Nasdaq Stock Mar
Filing Documents
- hsdt-20251015x8k.htm (8-K) — 45KB
- hsdt-20251015xex16d1.htm (EX-16.1) — 6KB
- hsdt-20251015x8k001.jpg (GRAPHIC) — 6KB
- 0001104659-25-100076.txt ( ) — 181KB
- hsdt-20251015.xsd (EX-101.SCH) — 3KB
- hsdt-20251015_lab.xml (EX-101.LAB) — 16KB
- hsdt-20251015_pre.xml (EX-101.PRE) — 10KB
- hsdt-20251015x8k_htm.xml (XML) — 5KB
01 Changes in Registrant's Certifying Accountant
Item 4.01 Changes in Registrant's Certifying Accountant. (a) Resignation of Previous Independent Registered Public Accounting Firm On October 15, 2025, the Audit Committee (the "Committee") of the Board of Directors of Solana Corporation (formerly known as Helius Medical Technologies, Inc.) (the "Company") received the resignation of Baker Tilly US, LLP ("Baker Tilly") as the Company's independent registered public accounting firm, effective immediately. The Committee accepted Baker Tilly's resignation. The reports of Baker Tilly on the Company's consolidated financial statements for each of the two most recent fiscal years ended December 31, 2024 and 2023 did not contain an adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope, or accounting principles, except that such reports contained an explanatory paragraph expressing substantial doubt as to the Company's ability to continue as a going concern. During the Company's two most recent fiscal years ended December 31, 2024 and 2023 and the subsequent interim period through October 15, 2025, there were (a) no "disagreements" (as that term is described in Item 304(a)(1)(iv) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended ("Regulation S-K") and the related instructions) with Baker Tilly on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Baker Tilly, would have caused it to make reference to the subject matter of the disagreements in connection with its reports and (b) no "reportable events," as defined in Item 304(a)(1)(v) of Regulation S-K and the related instructions. The Company provided Baker Tilly with a copy of the foregoing disclosures and requested that Baker Tilly furnish a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the statements made
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 16.1 Letter from Baker Tilly US, LLP to the Securities and Exchange Commission, dated October 16, 2025 . 104 Cover Page Interactive Data File (embedded within Inline XBRL document). 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SOLANA COMPANY. Dated: October 16, 2025 By: /s/ Jeffrey S. Mathiesen Jeffrey S. Mathiesen Chief Financial Officer, Treasurer and Secretary 3