Company: HSDTW
Filing Date: 2025-11-12
Form Type: NT 10-Q
Source: 0001104659-25-110338
Chunk: 2

Company: Solana Co
Filing Date: 2025-11-12
Form: NT 10-Q
Chunk 2
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 of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s).                                                                                                                                                                                                                                                                                                                                                                                   |     |            |     |                   |
|     | x Yes ¨ No                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |     |            |     |                   |
| (3) | Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? x Yes ¨ No                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |     |            |     |                   |
|     | If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     |            |     |                   |
|     | As previously disclosed in the Registrant’s Current Report on Form 8-K on September 15, 2025, as a result of the Registrant’s PIPE Offerings adoption of a Solana-centric Digital Asset Treasury and the related transactions, the Registrant anticipates significant changes in its results of operations for the quarter ended September 30, 2025, as will be reflected in the Form 10-Q. However, until the review is complete and the results are evaluated by the Registrant’s management and its independent registered public accounting firm, the Registrant cannot currently quantify these changes to its preliminary results of operations or financial condition for the quarter ended September 30, 2025. |     |            |     |                   |

Forward-Looking Statements

Certain statements made herein are “forward-looking statements”
within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words and phrases such as “will”, “may”, “should”, “future”,
“promptly”, “expect”, “estimate”, “anticipate,” “intends”, “plans”,
“subject to”, and “change” and other similar expressions that predict or indicate future events or trends or that
are not statements of historical fact. Such statements may include, but are not limited to, the filing of the Form 10-Q and the results
of the ongoing review. These statements