Company: HSDTW
Filing Date: 2025-03-25
Form Type: S-8
Source: 0001104659-25-027809
Chunk: 1

Company: Solana Co
Filing Date: 2025-03-25
Form: S-8
Chunk 1
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)(2)(B) of the Securities Act.¨

<div align='center'>EXPLANATORY NOTE</div>

2022 Equity Incentive Plan

This Registration Statement on Form S-8 is being filed by Helius
Medical Technologies, Inc. (the “Company,”the “Registrant,” “we,” “us,”or “our”), for the purpose of registering an additional 614,678 shares
of Class A common stock, par value $0.001 per share (the “Common Stock”) issuable pursuant to an “evergreen
provision” of the Helius Medical Technologies, Inc. 2022 Equity Incentive Plan (the “2022 Equity Incentive Plan”)
”), as amended by the First Amendment to the 2022 Equity Incentive Plan (the “Amendment”). The Amendment
was approved by the Company’s stockholders at the Registrant’s Annual Meeting of Stockholders on June 27, 2024.

Pursuant to General Instruction E to Form S-8, this Registration Statement is being filed for the purpose of increasing the number of securities of the same class as other securities for which Registration Statements of the Company on Form S-8 relating to the 2022 Equity Incentive Plan, respectively, are effective, and the Company’s Registration Statements on Form S-8 previously filed with the Securities and Exchange Commission (the “ Commission”) on May 31, 2022 ( File No. 333-265324),
January 19, 2023 (File No. 333-269305)
and July 24, 2024 (File No. 333-280978)
registering shares of Common Stock issuable under the 2022 Equity Incentive Plan are incorporated by reference and made part of this
Registration Statement, except as amended hereby.

<div align='center'>PART I

INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</div>

The information specified in Part I of Form S-8 is omitted
from this Registration Statement in accordance with the provisions of Rule 428 under the Securities Act of 1933, as amended (the
“Securities Act”) and the introductory note to Part I of Form S-8. The documents containing the information
specified in Part I of Form S-8 will be delivered to the participants in the plan covered by this Registration Statement as
specified by Rule 428(b)(1) under the Securities Act.

<div align='center'>PART II