Financing ·
NewHydrogen, Inc. entered into an Equity Financing Agreement with GHS Investments, LLC on September 8, 2026, securing…
NEWHNewHydrogen, Inc.
NewHydrogen, Inc. entered into an Equity Financing Agreement with GHS Investments, LLC on September 8, 2026, securing a commitment of up to $3,000,000 in funding contingent upon the effectiveness of a Form S-1 registration statement. The agreement allows NewHydrogen to deliver puts to GHS for shares valued at 92.5% of the ten-day average trading price, with proceeds delivered as shares representing 112.5% of the put amount. As consideration for the commitment, NewHydrogen issued 980,713 restricted common shares to GHS, representing 0.5% of the commitment amount at a price equal to 95% of the preceding day's volume-weighted average price. The company must file the registration statement within thirty days and achieve effectiveness within ninety days. NewHydrogen operates in the clean energy sector, focusing on hydrogen fuel cell technology.