The share repurchase program reflects the Board's confidence in the underlying value of Helio's business and long-term growth strategy. The Board believes the program represents a prudent use of capital that provides additional flexibility to manage the Company's capital structure while supporting its strategic initiatives during a pivotal phase of growth.

The Company believes the repurchase program may help mitigate periods of market volatility and contribute to a more orderly trading environment for the Company's common stock. However, the Company does not intend the program to influence the market price of its securities, and there can be no assurance regarding the effect of any repurchases on the trading price of the Company's common stock.