tm2612780-1_424b5 - none

424B5 1 tm2612780-1_424b5.htm 424B5 tm2612780-1_424b5 - none - 4.8906604s

Filed Pursuant to Rule 424(b)(5)

Registration No. 333-290429

PROSPECTUS SUPPLEMENT
(To Prospectus dated March 31, 2026)

3,076,922 Shares

Class A Common Stock

We are offering to purchasers 3,076,922 shares of our Class A common stock, par value $0.001 per share, at a purchase price of $2.60 per share, in a registered direct offering.

Our Class A common stock is listed on The Nasdaq Capital Market (“Nasdaq”) under the symbol “HSDT.” On April 24, 2026, the last reported sale price of our Class A common stock on Nasdaq was $2.16 per share.

Investing in our Class A common stock involves a high degree of risk. See “Risk Factors” on page S-4 of this prospectus supplement and in the documents incorporated by reference into this prospectus supplement and the accompanying prospectus.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus supplement or the accompanying prospectus. Any representation to the contrary is a criminal offense.

	Per Share			Total Offering Price
Offering Price		$	2.60		$	7,999,997.20
Proceeds to Solana Company Before Expenses		$	2.60		$	7,999,997.20

Delivery of shares of Class A common stock is expected to be made on or about April 28, 2026.

The date of this prospectus supplement is April 27, 2026.

	Page
ABOUT THIS PROSPECTUS SUPPLEMENT		S-ii
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS		S-iv
PROSPECTUS SUPPLEMENT SUMMARY		S-1
THE OFFERING		S-3
RISK FACTORS		S-4
USE OF PROCEEDS		S-5
PLAN OF DISTRIBUTION		S-6
LEGAL MATTERS		S-7
EXPERTS		S-7
WHERE YOU CAN FIND ADDITIONAL INFORMATION		S-7
INCORPORATION OF CERTAIN INFORMATION BY REFERENCE		S-8

	ABOUT THIS PROSPECTUS					1
	SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS					2
	THE COMPANY					3
	RISK FACTORS					4
	DESCRIPTION OF CAPITAL STOCK					6
	DESCRIPTION OF DEBT SECURITIES					10
	DESCRIPTION OF WARRANTS					17
	DESCRIPTION OF UNITS					18
	GLOBAL SECURITIES					19
	PLAN OF DISTRIBUTION					22
	LEGAL MATTERS					24
	EXPERTS					24
	WHERE YOU CAN FIND MORE INFORMATION; INCORPORATION BY REFERENCE					24

SEC Form 424B5 filed by Solana Company