Company: HSDTW
Filing Date: 2025-04-22
Form Type: PRE 14A
Source: 0001104659-25-037535
Chunk: 4

Company: Solana Co
Filing Date: 2025-04-22
Form: PRE 14A
Chunk 4
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 or “

#### us
”) is soliciting your proxy, as a holder of our Class A common stock (the “

#### Common Stock
”), for use at the special meeting of stockholders to be held on May 23, 2025, at 9:00 a.m. Eastern Time, virtually at www.virtualshareholdermeeting.com/ HSDT2025SM and any adjournment or postponement of such meeting (the “

#### Special Meeting
”).

The Notice of Special Meeting of Stockholders (the “

#### Notice
”), proxy statement and form of proxy card are expected to be first mailed to stockholders of record on or about , 2025.

#### What is the purpose of the Special Meeting?
At the Special Meeting, you will be voting on:

•

Proposal 1: To approve an amendment to our Certificate of Incorporation to effect a reverse split of our outstanding Class A common stock at a ratio of 1-to-2 to 1-to-250 to be determined at the discretion of our Board of Directors, whereby each outstanding 2 to 250 shares would be combined, converted and changed into 1 share of our Class A common stock, to enable the Company to comply with the Nasdaq Stock Market’s continued listing requirements;

•

Proposal 2: To approve an amendment to our Certificate of Incorporation, to increase the number of authorized shares of our Common Stock to up to 800,000,000 shares, with such number to be determined at the Board’s discretion (the “

#### Authorized Share Increase Proposal
”);

•

Proposal 3: To approve the potential issuance of 800,000,000 shares of Common Stock pursuant to one or more potential non-public transactions in accordance with Nasdaq Listing Rule 5635(d) (the “

#### Potential Financing Issuances Proposal
”);

•

Proposal 4: To authorize one or more adjournments of the Special Meeting to solicit additional proxies in the event there are insufficient votes to approve Proposals 1, 2, or 3.

The Board unanimously recommends that you vote

#### FOR
Proposals 1, 2, 3, and 4.

Except as noted herein, share numbers are provided as of the record date and on a pre-reverse stock split basis.

#### Who is entitled to vote?
**You may vote if you owned shares of our Common Stock at the close of business on April 25, 2025, the record date, provided such shares are held directly