Note Amendment dated April 25, 2025, for Promissory Note issued to Scott Nealey on March 12, 2024, as amended, in the principal amount of $150,000, bearing interest at 9.75% per annum
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EX-10.6 7 ea023965801ex10-6_helio.htm NOTE AMENDMENT DATED APRIL 25, 2025, FOR PROMISSORY NOTE ISSUED TO SCOTT NEALEY ON MARCH 12, 2024, AS AMENDED, IN THE PRINCIPAL AMOUNT OF $150,000, BEARING INTEREST AT 9.75% PER ANNUM
Exhibit 10.6
Extension to Promissory Note Maturity
This is an Amendment to that certain Promissory Note in the amount of One Hundred Fifty Thousand Dollars ($150,000) hereinafter referred to as (the “Note”) dated March 12, 2024 by and between Helio Corporation (“Maker”) and Scott Nealey (“Payee”).
| 1. | The Maker and Payee hereby Amend the Note to provide that the Note, including all principal and accrued interest, will be paid in full by Maker at the earlier of: (i) such time as Maker is able to achieve a listing on a national stock exchange (NYSE or Nasdaq); or (ii) June 30, 2025. |
| 2. | Other than as specifically amended hereby, all other terms and provisions of the Note dated March 12, 2024 remain in full force and effect. |
| Helio Corporation | |||
| By: | /s/ Greg Delory | /s/ Scott Nealey | |
| Greg Delory, CEO | Scott Nealey | ||
