Company: HSDTW
Filing Date: 2025-11-05
Form Type: 8-K
Source: 0001104659-25-106730
Chunk: 3

Company: Solana Co
Filing Date: 2025-11-05
Form: 8-K
Item: Item 8.01
Chunk 3
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Item 8.01

Other Events.

On November 3, 2025, the Company’s Board authorized a stock repurchase program for the purchase of up to $100 million of the Company’s outstanding Common Stock. Repurchases of Common Stock may be made in the open market (including through Rule 10b-18 compliant transactions), in privately negotiated transactions, in block trades, through one or more accelerated share repurchase transactions, through one or more trading plans intended to comply with Rule 10b5-1, through tender offers, or by any combination of the foregoing. The Company has no obligation to repurchase any shares under the Stock Repurchase Plan and may modify, suspend or discontinue the plan at any time.

  Item 9.01      Financial Statements and Exhibits.  

(d) Exhibits

  Exhibit No.      Description                                                                                                               
         10.1      Employment Agreement by and between Solana Company (Hong Kong) Limited and Joseph Chee effective as of October 30, 2025.  
         99.1      Resignation letter dated October 30, 2025 from Jeffrey S. Mathiesen.                                                      
         99.2      Press Release, dated November 5, 2025.                                                                                    
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          104      Cover Page Interactive Data File (embedded within Inline XBRL document).                                                  

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: November 5, 2025      By:                  /s/ Jeffrey S. Mathiesen                          
                                                    Jeffrey S. Mathiesen                              
                                                    Chief Financial Officer, Treasurer and Secretary