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Helium

HNT

DePIN · Built in San Francisco, CA · Nova Labs, Inc.

$0.5082

25.12% up24h

Under review

Under editorial review since 2026-09-14

Nova Labs' San Francisco headquarters rests on the SEC's January 2025 complaint; its 2025 letters to the SEC use 2261 Market Street, Ste 10194, which appears to be a mail-receiving address. Confirm a current physical headquarters, and whether Nova Labs still leads Helium development after the June 2026 sale of Helium Mobile.

Price

Why it’s on the board

Pathway: US operating company. Needs Tests 1 and 4, plus 2 or 3.

  1. Test 1 · passes on primary documents

    Headquartered in the United States

    Nova Labs, Inc. is headquartered in San Francisco, CA.

    1 source· 1 primary
  2. Test 4 · passes on primary documents

    Registered in a US state

    Nova Labs, Inc. is registered in DE.

    2 sources· 2 primary
  3. Test 2 · not met

    American founding team

    0 of 1 named founders are established US persons holding operational roles today; a majority is required.

  4. Test 3 · passes on primary documents

    Primary operations in the United States

    Nova Labs, Inc. and the Helium Foundation met with SEC Crypto Task Force staff on July 9, 2025, and Nova Labs submitted written input and proposed legislative language on DePIN token regulation to the Task Force. The Helium Foundation (Decentralized Wireless Foundation Inc) is a US 501(c)(6) organization located in Jackson, Wyoming.

    3 sources· 3 primary

Legal entities

Nova Labs, Inc.

Delaware · operating company · San Francisco, CA

5 sources· 4 primary

Decentralized Wireless Foundation Inc

Wyoming · foundation · Jackson, WY

2 sources· 1 primary

Founders

Amir Haleem

Founder; chairman of Nova Labs since June 2026 · US status not established · no operating role today

1 source

Regulatory posture

SEC

The SEC sued Nova Labs, Inc. in the Southern District of New York on January 17, 2025 under Securities Act Section 17(a)(2), alleging misleading statements to prospective equity investors about companies using the Helium Network. Without admitting or denying, Nova Labs consented to a final judgment entered April 23, 2025 with a $200,000 civil penalty.

1 source· 1 primary

Notable US investors

Andreessen Horowitz

Co-led the $200M Series D (2022) with Tiger Global.

1 source

Tiger Global

Co-led the $200M Series D (2022) with Andreessen Horowitz.

1 source

GV (Google Ventures)

Participated in the 2022 Series D.

1 source

Record history

  1. 2026-09-14 · review opened

    Review opened to confirm Nova Labs' current physical headquarters and its continuing role in Helium after the Helium Mobile sale.

  2. 2026-09-14 · correction

    Nova Labs, Inc. recorded as a Delaware corporation headquartered in San Francisco (SEC complaint, January 2025; EDGAR lists former name Helium Systems, Inc.), and SEC Crypto Task Force engagement (July 2025 meeting and written submissions) added as Test 3 evidence.

  3. 2026-09-14 · correction

    Amir Haleem stepped down as Nova Labs CEO in June 2026 and became chairman (Mario Di Dio is CEO); Nova Labs sold Helium Mobile to Noble Mobile on June 2, 2026.

  4. 2026-09-14 · correction

    Series D lead corrected to Tiger Global and Andreessen Horowitz (co-leads); Khosla Ventures and co-founder Sean Carey and Shawn Fanning entries removed pending sources; novalabs.io source removed (unrelated Italian company).

  5. 2026-09-14 · correction

    Disclosed SEC v. Nova Labs (SDNY, filed January 17, 2025; consent judgment April 23, 2025, $200,000 civil penalty).

Full registry changelog
Last verified 2026-09-14Verified by USCC research pass 2026-09-14 (AI-assisted; pending editorial sign-off)

About Helium

Helium is a decentralized wireless network created by Nova Labs, which renamed itself from Helium in 2022 alongside a $200M Series D. The SEC's 2025 action against Nova Labs ended in a consent judgment with a $200,000 penalty. In June 2026 Nova Labs sold Helium Mobile to Noble Mobile, and founder Amir Haleem moved from CEO to chairman.