Company: HLX
Filing Date: 2025-10-28
Form Type: S-3ASR
Source: 0001140361-25-039546
Chunk: 11

Company: HELIX ENERGY SOLUTIONS GROUP INC
Filing Date: 2025-10-28
Form: S-3ASR
Chunk 11
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 shareholders, at any time to:

| • | issue from time to time shares of preferred stock in one or more series of preferred stock; |

| • | determine the designation for any series by number, letter or title that shall distinguish the series from any other series of preferred stock; and |

| • | determine the number of shares in any series. |

Our board of directors is authorized to determine, and any applicable prospectus supplement will set forth, the terms with respect to the series of preferred stock being offered, which may include (without limitation) the following:

| • | preferential rights to receive dividends, if any; |

| • | preferential rights to assets upon liquidation, if any; |

| • | rights of conversion into common stock or other securities, if any; |

| • | any redemption or sinking fund provisions; |

| • | special voting rights, if any; and |

| • | the terms of any other applicable preferences, limitations or relative rights, if any. |

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**Any preferred stock we offer and sell under this prospectus will be fully paid and nonassessable.

As described under “Description of Depositary Shares” below, we may elect to offer depositary shares of preferred stock represented by depositary receipts. If we so elect, a depositary share may represent a fractional interest, to be specified in any applicable prospectus supplement, in a share of preferred stock. If we issue depositary shares representing interests in preferred stock, those shares of preferred stock will be deposited with a depositary.

The issuance of preferred stock, while providing flexibility in connection with possible acquisitions and other corporate purposes, could, among other things, have the effect of delaying, deterring, or preventing a change in control, including through a third party’s acquiring or attempting to acquire a majority of our outstanding shares of stock entitled to vote generally in the election of directors (“voting stock”), or otherwise seeking to effect a change of control. The issuance of preferred stock could also have the effect of restricting dividends on our common stock, diluting the voting power and other rights of our common stock, and impairing the liquidation rights of our common stock. Such issuance could have the effect of decreasing the market price of our common stock. We currently have no plans to issue any shares of preferred stock.

Anti-Takeover and Other Provisions Contained in Our Articles of Incorporation and By-Laws

Our Articles of Incorporation and By-laws contain a number of provisions that