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Filing Flows › Solana (HSDT) › Takeover & LBO

Is Solana (HSDT) a takeover target?

A leveraged buyout does not work for Solana on its latest figures: the figures a buyout model needs (revenue, EBITDA, the share count and the price) are not all on file. Latest signal (2026-10-29): Solana co-founder warns firms opposing tokenized stocks to go private.

Why a leveraged buyout does not fit

The buyout model needs Solana's revenue, EBITDA, share count and share price; not all of them are on file, so it gives no buyout price.

What a takeover could cost

Takeovers in its sector paid a median premium of 14.9% over the share price before the deal (the middle half 9.5% to 33.6%), according to the 17 merger proxies and tender-offer responses on EDGAR that state a premium.

Rumors and deal signals

Solana's latest quarter

Solana, Q2 2026: revenue $2.5M (59× year over year), net loss $30.3M, operating cash flow −$11.9M. The chart follows the revenue to costs, profit and cash.

Questions

Is Solana being acquired?

The latest signal on file is from 2026-10-29: Solana co-founder warns firms opposing tokenized stocks to go private. A headline is not a deal; Filing Flows lists the news, 8-K filings and 13D filings about a sale.

Could private equity buy Solana?

A leveraged buyout does not work for Solana on its latest figures: the figures a buyout model needs (revenue, EBITDA, the share count and the price) are not all on file. The model gives no buyout price until they are.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.