Helio Corporation (OTC PINK:HLEO) announced that it has engaged a senior capital markets advisor with more than 20 years of experience to help the company prepare for a potential listing on the New York Stock Exchange or NASDAQ.
The engagement is intended to strengthen corporate governance, improve financial reporting standards, and advance institutional readiness for a national securities exchange listing. The advisor will work with Helio’s management to develop a comprehensive plan for meeting the regulatory, reporting, and governance requirements of a major exchange.
Helio has been pursuing an uplisting for several years. In May 2025 the company filed an amended S‑1 registration statement for a NYSE American listing, and in January 2026 it completed a board restructuring to align with NYSE listing standards. The company also engaged Hacker, Johnson & Smith PA, a PCAOB‑registered public accounting firm, to audit its fiscal year ending October 31 2026, further positioning it for a major exchange listing. Concurrently, Helio has undertaken significant financial restructuring, reducing debt, raising equity, and improving its cash position, while appointing independent directors to bolster governance.
Chief Executive Officer and Chairman Ed Cabrera said, "Access to capital is a critical enabler of our long‑term strategy. Engaging an advisor with deep experience navigating the requirements of national exchanges strengthens our ability to access broader pools of institutional capital, which is essential to executing our strategy and maintaining a first‑mover advantage in the deployment of space‑based solar power and lunar infrastructure." He added, "By aggressively reducing debt, strengthening our capital base, and enhancing our leadership and governance, we are building a more resilient and scalable company. These actions position Helio to accelerate execution of our space‑based energy strategy and create long‑term value for our shareholders." Cabrera also noted, "This board structure reflects our commitment to strong governance, financial discipline, and long‑term shareholder value creation. As we continue to mature as a public company, independent oversight and experienced leadership are essential to building credibility with investors and executing our growth strategy."
The advisor’s role will include mapping out a timeline and specific milestones for meeting listing requirements, coordinating with the new auditor, and aligning Helio’s financial reporting and governance practices with the standards expected by the NYSE or NASDAQ. These steps, combined with the company’s recent financial restructuring and governance improvements, signal a concerted effort to transition from the OTC Pink market to a major exchange, potentially enhancing Helio’s access to capital and investor base.
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