HELIO STRENGTHENS LEADERSHIP WITH APPOINTMENT OF NEW CFO AS COMPANY ADVANCES TOWARD NYSE UPLIST

Core Viewpoint - Helio Corporation has appointed Mark Knauf as Chief Financial Officer to enhance financial governance and support its planned uplisting to the New York Stock Exchange [1][2][3] Group 1: Appointment and Responsibilities - Mark Knauf will oversee Helio's financial operations, capital planning, internal controls, and strategic budgeting as the company scales its space-based energy initiatives [2] - His appointment is seen as a critical step for sustainable growth and increasing institutional credibility, aimed at long-term shareholder value creation [3] Group 2: Financial Governance and Compliance - The appointment supports Helio's remediation plan to address material weaknesses in internal controls, emphasizing the need for improved financial reporting expertise and segregation of duties [3] - Helio is strengthening its financial organization to ensure adherence to GAAP, SEC reporting standards, and NYSE listing requirements [3] Group 3: Company Background and Vision - Helio is focused on pioneering space-based power systems that capture solar energy and deliver carbon-free electricity [6] - The company collaborates with various space agencies and organizations, positioning itself as a trusted partner in the space industry [6]