Solana Co
Close on Oct 19, 2026
- Market cap
- $178.66M
- P/E (TTM)
- –
- Dividend yield
- –
About Solana
Finance Services, SIC 6199
Solana Company operates primarily as a digital asset treasury focused on acquiring, holding, and managing Solana tokens, while also engaging in network staking and yield-generation activities across the blockchain ecosystem. To a smaller extent, the enterprise functions as a neurotechnology and medical device developer. Its flagship healthcare product is the Portable Neuromodulation Stimulator (PoNS), a non-implantable medical device combining a controller and mouthpiece with supervised exercise therapy to treat neurological balance and gait deficits. The organization's target customers comprise public market investors seeking cryptocurrency exposure, institutional blockchain partners such as market makers and exchanges, as well as adult physical therapy and rehabilitation patients.
The business maintains regulatory authorizations and commercial operations across the United States, Canada, and Australia. It employs 21 full-time workers, including 18 located in the United States, two in Canada, and one in Hong Kong. In addition, its digital asset reserves are stored with two custodians in the United States. Corporate headquarters are located in Newtown, Pennsylvania.
Summary of the business section of Solana's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Solana Co
- Founded
- 2014
- Headquarters
- Philadelphia, PA
- Address
- 1650 Market Street, Suite 3600 19103
- Phone
- (215) 944-6100
- Website
- solanacompany.co
- Employees
- 21, Dec 31, 2025
- Industry
- Finance Services
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Baker Tilly US, LLP, Minneapolis, Minnesota
Stock & identifiers
- Ticker
- HSDT
- Exchange
- Nasdaq
- Shares outstanding
- 60M, Aug 12, 2026
- Public float
- $6.19M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-758 reverse, Aug 14, 2025; 1-for-50 reverse, Jul 1, 2025; 1-for-15 reverse, May 2, 2025; 1-for-104 reverse, Nov 9, 2023; 1-for-50 reverse, Aug 17, 2023; 1-for-35 reverse, Jan 4, 2021; 1-for-35 reverse, Dec 31, 2020; 1-for-5 reverse, Jan 23, 2018; 1-for-5 reverse, Jan 22, 2018
- SEC CIK
- 1610853
- CUSIP
- 42328V876
- ISIN
- US42328V8761
- LEI
- 549300BWJLIT2S349463
- EIN
- 36-4787690
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Choon Wee Chee | CEO and President, Director | 13,316,645 |
| Jeffrey S. Mathiesen | CFO and Treasurer, Director | 11,948 |
| Dane Andreeff | President and CEO, Director | 22,619 |
| Agustina Gani Tjandrasuwita | See Remarks | – |
| Pelt Antonella R. Favit-Van | Chief Medical Officer | – |
| Cosmo Yi Jiang | Director | 1,005,040 |
| Michel Kai Tai Lee | Director | 6,360 |
| Blane Walter | Director | 2,182 |
| Sergio Mello | Director | 6,360 |
| Edward M. Straw | Director | 2,182 |
| Paul Buckman | Director | 92,004 |
| Sherrie L. Perkins | Director | 92,220 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Andreeff | $2.13M | $1.79M | $4.21M | $0 | – |
| FY2024 Mr. Andreeff | $1.27M | $876.79K | $814.74K | $0 | – |
| FY2023 Mr. Andreeff | $1.64M | $1.05M | $922.50K | $1 | – |
| FY2022 Mr.Andreeff | $602.74K | $44.74K | $494.84K | $2 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 21 full-time employees, of which 18 are located in the United States, two are located in Canada and one is located in Hong Kong.”
Corporate history
Events identified from SEC filings