# EDGAR Filing Document

**Accession Number:** 0002079712
**File Stem:** 0001213900-26-061030
**Filing Date:** 2026-5
**Character Count:** 19093
**Document Hash:** 095db7a86bd1c6e509145ed5596a46a6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-061030.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0001213900-26-061030

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Solana Co
- **CENTRAL INDEX KEY:** 0001610853
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 364787690
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-89397
- **FILM NUMBER:** 261020100

**BUSINESS ADDRESS:**
- **STREET 1:** 1650 MARKET STREET
- **STREET 2:** SUITE 3600
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103
- **BUSINESS PHONE:** 215-944-6100

**MAIL ADDRESS:**
- **STREET 1:** 1650 MARKET STREET
- **STREET 2:** SUITE 3600
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HELIUS MEDICAL TECHNOLOGIES, INC.
- **DATE OF NAME CHANGE:** 20180525

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HELIUS MEDICAL TECHNOLOGIES, INC
- **DATE OF NAME CHANGE:** 20180517

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HELIUS MEDICAL TECHNOLOGIES, INC.
- **DATE OF NAME CHANGE:** 20140613
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Morehead Daniel Wayne
- **CENTRAL INDEX KEY:** 0002079712

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **STREET 1:** 5 BRYANT PARK
- **STREET 2:** 34TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Solana Company**

*(Name of Issuer)*

**Class A Common Stock, $0.001 par value per share**

*(Title of Class of Securities)*

**—**

*(CUSIP Number)*

**Daniel W. Morehead**<br>c/o Pantera Capital Management LP<br>600 Montgomery St, 45th Floor<br>San Francisco CA 94111<br>1 650 854 7000

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**05/21/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Daniel W. Morehead** | Name of reporting person<br>**Daniel W. Morehead** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**10000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**4987319.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**10000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**4987319.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**4997319.00** | Aggregate amount beneficially owned by each reporting person<br>**4997319.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**8.4%** | Percent of class represented by amount in Row (11)<br>**8.4%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Based upon 58,386,675 shares of Common Stock issued and outstanding as of May 12, 2026 as reported by the Company, adjusted to include the exercise of 1,100,000 warrants and related issuance of 1,100,000 shares.

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Pantera Capital Partners LP** | Name of reporting person<br>**Pantera Capital Partners LP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**4987319.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**4987319.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**4987319.00** | Aggregate amount beneficially owned by each reporting person<br>**4987319.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**8.4%** | Percent of class represented by amount in Row (11)<br>**8.4%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

**Comment for Reporting Person:** Based upon 58,386,675 shares of Common Stock issued and outstanding as of May 12, 2026 as reported by the Company, adjusted to include the exercise of 1,100,000 warrants and related issuance of 1,100,000 shares.

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Pantera Blockchain Fund LP** | Name of reporting person<br>**Pantera Blockchain Fund LP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**4260680.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**4260680.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**4260680.00** | Aggregate amount beneficially owned by each reporting person<br>**4260680.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**7.16%** | Percent of class represented by amount in Row (11)<br>**7.16%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IC** | Type of Reporting Person (See Instructions)<br>**IC** | |

---

**Comment for Reporting Person:** Based upon 58,386,675 shares of Common Stock issued and outstanding as of May 12, 2026 as reported by the Company, adjusted to include the exercise of 1,100,000 warrants and related issuance of 1,100,000 shares.

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Pantera DAT Opportunities Master Fund SP** | Name of reporting person<br>**Pantera DAT Opportunities Master Fund SP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**CAYMAN ISLANDS** | Citizenship or place of organization<br>**CAYMAN ISLANDS** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**581311.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**581311.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**581311.00** | Aggregate amount beneficially owned by each reporting person<br>**581311.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.98%** | Percent of class represented by amount in Row (11)<br>**0.98%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IC** | Type of Reporting Person (See Instructions)<br>**IC** | |

---

**Comment for Reporting Person:** Based upon 58,386,675 shares of Common Stock issued and outstanding as of May 12, 2026 as reported by the Company, adjusted to include the exercise of 1,100,000 warrants and related issuance of 1,100,000 shares.

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Pantera Liquid Token Fund LP** | Name of reporting person<br>**Pantera Liquid Token Fund LP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**145328.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**145328.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**145328.00** | Aggregate amount beneficially owned by each reporting person<br>**145328.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.24%** | Percent of class represented by amount in Row (11)<br>**0.24%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IC** | Type of Reporting Person (See Instructions)<br>**IC** | |

---

**Comment for Reporting Person:** Based upon 58,386,675 shares of Common Stock issued and outstanding as of May 12, 2026 as reported by the Company, adjusted to include the exercise of 1,100,000 warrants and related issuance of 1,100,000 shares.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A Common Stock, $0.001 par value per share

**(b) Name of Issuer:**
Solana Company

**(c) Address of Issuer's Principal Executive Offices:**
642 Newtown Yardley Road, Suite 100, Newtown, PA, 18940

This Amendment No. 1 to Schedule 13D (this "Amendment") amends and supplements the Schedule 13D originally filed with the Securities and Exchange Commission on September 25, 2025 (the "Statement") by Pantera Capital Partners LP ("Pantera"), Pantera Blockchain Fund LP ("Blockchain Fund"), Pantera DAT Opportunities Master Fund SP ("DAT Opportunities Fund"), Pantera Liquid Token Fund LP ("Liquid Token Fund" and, together with Blockchain Fund and DAT Opportunities Fund, the "Funds"), and Daniel W. Morehead, Founder and Managing Partner of Pantera. Unless otherwise noted herein, capitalized terms used in this Amendment shall have the meanings ascribed to them in the Statement. Unless amended or supplemented below, the information in the Statement remains unchanged.

**Item 4. Purpose of Transaction**

Item 4 of the Statement is hereby amended and supplemented as follows:

The information set forth or incorporated in Item 3 and Item 6 of this Amendment is hereby incorporated by reference in its entirety into this Item 4.

On May 21, 2026, Blockchain Fund exercised its Strategic Advisory Warrants for 1,100,000 Class A Common Shares at an exercise price of $0.01 per share, for an aggregate cash payment to the Issuer of $1,100. Other than as described in this Item 4, none of the Reporting Persons presently has any additional plans or proposals that relate to or that would result in any of the transactions or other matters specified in clauses (a) through (j) of Item 4 of this Schedule 13D, but depending on the factors discussed herein, the Reporting Persons may change their purpose or formulate different plans or proposals with respect their investment in the Issuer at any time.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Item 5 of the Statement is hereby amended and restated as follows:

On the date of this Amendment , Pantera, as investment manager of the Funds, and Mr. Morehead, as the Founder, Managing Partner and control person of Pantera, may be deemed to indirectly beneficially own, and have sole voting and dispositive power over, an aggregate of 4,997,319 shares of Common Stock, which is approximately 8.4% of the Common Stock issued and outstanding, comprising of:

(1) 4,260,680 shares of Common Stock directly held by Blockchain Fund (or 7.16% of the Common Stock issued and outstanding);

(2) 581,311 shares of Common Stock directly held by DAT Opportunities Fund (or 0.98% of the Common Stock issued and outstanding);

(3) 145,328 shares of Common Stock directly held by Liquid Token Fund (or 0.24% of the Common Stock issued and outstanding); and

(4) 10,000 shares of Common Stock directly held by Mr. Morehead (or 0.02% of the Common Stock issued and outstanding).

The calculation of the percentage of Common Shares beneficially owned by Mr. Morehead and Pantera are based on the 58,386,675 Common Shares issued and outstanding as of May 12, 2026, as confirmed by the Issuer's transfer agent on such date, adjusted to include the exercise of 1,100,000 warrants and related issuance of 1,100,000 shares.

**(b)**
The information contained on the cover pages to this Amendment is incorporated by reference into this Item 5(b).

**(c)**
Except the information set forth in this Amendment, no transactions in any of the Common Stock have been effected by the Reporting Persons during the past sixty days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

The information set forth or incorporated in Item 3, Item 4 and Item 5 is hereby incorporated by reference in its entirety into this Item 6.

The foregoing description of the Advisory Warrant does not purport to be complete and is qualified in its entirety by the full text of the Advisory Warrant that is incorporated by reference herein.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Daniel W. Morehead

**Signature:** /s/ Daniel W. Morehead

**Name/Title:** Daniel W. Morehead

**Date:** 05/26/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Pantera Capital Partners LP

**Signature:** /s/ Katrina Paglia

**Name/Title:** Katrina Paglia, Authorized Signatory

**Date:** 05/26/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Pantera Blockchain Fund LP

**Signature:** /s/ Katrina Paglia

**Name/Title:** Katrina Paglia, Authorized Signatory

**Date:** 05/26/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Pantera DAT Opportunities Master Fund SP

**Signature:** /s/ Katrina Paglia

**Name/Title:** Katrina Paglia, Authorized Signatory

**Date:** 05/26/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Pantera Liquid Token Fund LP

**Signature:** /s/ Katriana Paglia

**Name/Title:** Katrina Paglia, Authorized Signatory

**Date:** 05/26/2026