From Yahoo Finance: 2025-04-10 18:16:00

Nova Labs, parent company of Helium blockchain, pays $200,000 to SEC to settle securities fraud charges of misleading investors about big-name customers like Nestle, Salesforce, and Lime. Actual relationships with these companies were limited. Settlement drops claims that Helium tokens were securities. SEC must approve settlement filed in Southern District of New York.



Read more at Yahoo Finance: Helium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors