Company: HSDTW
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001104659-25-035130
Chunk: 34

Company: Solana Co
Filing Date: 2025-04-15
Form: DRS
Chunk 34
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 terminated upon the occurrence of certain events specified in the underwriting agreement. Furthermore, pursuant to the underwriting agreement, the underwriter’s obligations are subject to customary conditions, representations and warranties contained in the underwriting agreement, such as receipt by the underwriter of officer’s certificates and legal opinions. Delivery of the common stock, prefunded warrants and common warrants offered hereby is expected on or about , 2025, against payment in immediately available funds and subject to customary closing conditions, which is the first business day following the date of this prospectus. Under Rule 15c6-1 under the Exchange Act, trades in the secondary market generally are required to settle in one business day unless the parties to any such trade expressly agree otherwise. We have agreed to indemnify the underwriter against certain liabilities, including liabilities under the Securities Act and liabilities arising from breaches of representations and warranties contained in the underwriting agreement, or to contribute to payments that the underwriter may be required to make in respect of those liabilities. The underwriter is offering the securities subject to various conditions and may reject all or part of any order. The underwriter has advised us that it proposes to offer the securities directly to the public at the public offering price that appears on the cover page of this prospectus. Underwriting Discounts and Commissions The following table provides information regarding the amount of the underwriting discounts and commissions to be paid to the underwriter by us and the proceeds, before expenses, to us in connection with this offering:

| ​                                         | ​ | ​ | Per Share andAccompanyingCommon Warrant |   |     |   | ​ | ​ | Per Pre-FundedWarrant andAccompanyingCommon Warrant |   |     |   | ​ | ​ | Total |   |   |   | ​ |
|:------------------------------------------|:--|:--|:----------------------------------------|:--|:----|:--|:--|:--|:----------------------------------------------------|:--|:----|:--|:--|:--|:------|:--|:--|:--|:--|
| Public offering price(1)                  | ​ | ​ | ​                                       | $ |     | ​ | ​ | ​ | ​                                                   | $ |     | ​ | ​ | ​ | ​     | $ |   | ​ | ​ |
| Underwriting discounts and commissions(1) | ​ | ​ | ​                                       | $ |     | ​ | ​ | ​ | ​                                                   | $ |