Company: HSDTW
Filing Date: 2025-11-18
Form Type: POSASR
Source: 0001104659-25-113339
Chunk: 32

Company: Solana Co
Filing Date: 2025-11-18
Form: POSASR
Chunk 32
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ell the shares in one or more transactions, including in negotiated transactions at a fixed public offering price or at varying prices determined at the time of sale;

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purchases by a broker-dealer as principal and resale by such broker-dealer for its own account pursuant to this prospectus;

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ordinary brokerage transactions and transactions in which the broker solicits purchasers;

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transactions in which the broker-dealer solicits purchasers on a best efforts basis;

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block trades in which the broker-dealer so engaged will attempt to sell the shares as agent but may position and resell a portion of the block as principal to facilitate the transaction;

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an over-the-counter distribution in accordance with the rules of the Nasdaq Stock Market;

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through trading plans entered into by a Selling Stockholder pursuant to Rule 10b5-1 under the Exchange Act, that are in place at the time of an offering pursuant to this prospectus and any applicable prospectus supplement that provide for periodic sales of its securities on the basis of parameters described in such trading plans;

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short sales or through the settlement of short sales (including short sales “against the box”), subject to compliance with the Securities Act and other applicable securities laws;

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distribution to employees, members, limited partners or stockholders of a Selling Stockholder;

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through the writing or settlement of standardized or over-the-counter options, swaps or other hedging or derivative transactions, whether through an options exchange or otherwise;

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in other ways not involving market makers or established trading markets, including direct sales to purchasers or sales effected through agents;

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by pledge of securities for any loan or obligation (including obligations associated with derivative transactions), including pledges to brokers or dealers who may from time to time effect distributions of securities, and in the case of any collateral call or default on such loan or obligation, pledges or sales of securities by such pledgee or secured parties;

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delayed delivery arrangements providing for payment and delivery on a specified date in the future;

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in “at the market” offerings, as defined in Rule 415 under the Securities Act, at negotiated prices, at prices prevailing at the time of sale or at prices related to such prevailing market prices, including sales made directly on a national securities exchange or sales made through a market maker other than on an exchange or other similar offerings through sales agents;

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in privately negotiated transactions;

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through dividends or other distributions made by a Selling Stockholder to its partners, members or stockholders;

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in options transactions;

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through a combination of any of the above methods of sale; or