Company: HSDTW
Filing Date: 2025-05-23
Form Type: S-1
Source: 0001104659-25-052494
Chunk: 41

Company: Solana Co
Filing Date: 2025-05-23
Form: S-1
Chunk 41
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 in lieu thereof) will be offered at a fixed price and are expected to be issued in a single closing. We expect to deliver the securities being offered pursuant to this prospectus on , 2025. Placement Agent Fees, Commissions and Expenses Upon the closing of this offering, we will pay the placement agent a cash transaction fee equal to 7% of the aggregate gross cash proceeds to us from the sale of the securities in the offering. We have also agreed to pay up to $150,000 to B. Riley Securities for financial advisory services, which we be deducted from the cash transaction fee to the placement agent. In addition, we will reimburse the placement agent for its out-of-pocket expenses incurred in connection with this offering, including the fees and expenses of the counsel for the placement agent, up to $100,000. The following table shows the public offering price, placement agent fees and proceeds, before expenses, to us, assuming the purchase of all the securities we are offering.

| ​                                | ​ | ​ | Per Share andAccompanyingCommon Warrant |   |     |   | ​ | ​ | Per Pre-FundedWarrant andAccompanyingCommon Warrant |   |     |   | ​ | ​ | Total |   |   |   | ​ |
|:---------------------------------|:--|:--|:----------------------------------------|:--|:----|:--|:--|:--|:----------------------------------------------------|:--|:----|:--|:--|:--|:------|:--|:--|:--|:--|
| Public offering price            | ​ | ​ | ​                                       | $ |     | ​ | ​ | ​ | ​                                                   | $ |     | ​ | ​ | ​ | ​     | $ |   | ​ | ​ |
| Placement agent fees             | ​ | ​ | ​                                       | $ |     | ​ | ​ | ​ | ​                                                   | $ |     | ​ | ​ | ​ | ​     | $ |   | ​ | ​ |
| Proceeds to us (before expenses) | ​ | ​ | ​                                       | $ |     | ​ | ​ | ​ | ​                                                   | $ |     | ​ | ​ | ​ | ​     | $ | ​ | ​ | ​ |

Placement Agent Warrants We have agreed to issue to Maxim (or its permitted assignees) warrants to purchase a number of shares of common stock equal to 5.0% of the total number of