Solana Company (HSDT) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
18 May, 2026Executive summary
Supplement provides updates on director nominee withdrawal and management transitions for the 2026 annual meeting.
Changes follow recent resignations and appointments at the executive and board level.
Voting matters and shareholder proposals
Votes for the withdrawn nominee, Dane C. Andreeff, will be disregarded; six remaining nominees stand for election.
Shareholders may continue to use existing proxy cards; instructions for changing votes are provided.
Board recommends voting "FOR" all six remaining director nominees.
Board of directors and corporate governance
Dane C. Andreeff resigned as CEO, President, and director; board size reduced from nine to six.
Joseph Chee appointed as Chairman, CEO, and President, effective May 12, 2026.
Four director nominees remain from Proposal 1, two from Proposal 3, all standing for re-election.
Latest events from Solana Company
- All director nominees and the auditor appointment were approved without shareholder questions.HSDT
AGM 202625 May 2026 - Q1 2026 revenue surged on staking, but SOL volatility drove a $99.8M net loss.HSDT
Q1 202615 May 2026 - Shareholders will vote on director elections, auditor ratification, and board changes at the virtual annual meeting.HSDT
Proxy filing1 May 2026 - Q4 2025 delivered strong staking rewards, $325.6M net income, and 14% SOL per share growth.HSDT
Q4 202530 Apr 2026 - Annual meeting to elect directors, ratify auditor, and reinforce governance and sustainability.HSDT
Proxy filing10 Apr 2026 - First third-party reimbursement and Medicare rates expected to drive late-2024 revenue growth.HSDT
Q2 20241 Feb 2026 - CMS pricing delays hinder access and commercialization, prompting strategic review and regulatory focus.HSDT
Status Update13 Jan 2026 - 6.2 million shares registered for resale after warrant exercises; no proceeds to the company.HSDT
Registration Filing16 Dec 2025 - Registering 6.2M shares for resale after $3.7M in warrant exercises, amid Nasdaq compliance risks.HSDT
Registration Filing16 Dec 2025