Helius Medical Technologies has rebranded as Solana Company following board approval, while retaining its NASDAQ stock symbol HSDT. The company has signed a non-binding letter of intent with the Solana Foundation, committing to conduct all on-chain activities exclusively on the Solana blockchain. This partnership includes co-hosting events and forming institutional partnerships.
As part of the agreement, Solana Company will have the opportunity to purchase Solana tokens at a discount, contingent upon meeting specific conditions. The company plans to leverage its recent $500 million PIPE financing to accumulate Solana tokens, aligning with its digital asset treasury strategy to generate on-chain revenue.
Helius Rebrands as Solana Company, Partners with Solana Foundation
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