SunHydrogen, Inc.: buys NewHydrogen securities for $2,999,764.50

What happened The filing reports that on Oct 23, 2026 SunHydrogen, Inc. entered into and closed a securities purchase agreement with NewHydrogen, Inc. Under the Purchase Agreement, NewHydrogen issued and sold to SunHydrogen 203,650,000 shares of NewHydrogen common stock and warrants to purchase up to 407,300,000 shares, for an aggregate purchase price of $2,999,764.50 (or $0.01473 per share). The filing states the Warrants are exercisable immediately for a period of 5 years with an exercise price of $0.016203 per share.

Key details

• Purchase date: Oct 23, 2026.
• Shares acquired: 203,650,000 shares of NewHydrogen common stock.
• Warrants: exercisable immediately for 5 years to purchase up to 407,300,000 shares; exercise price $0.016203 per share.
• Aggregate purchase price: $2,999,764.50 (equivalent to $0.01473 per share).

Why it may matter Item 1.01 (entry into a material definitive agreement) was reported; this item covers the Purchase Agreement by which SunHydrogen acquired NewHydrogen common stock and warrants on the terms described above. The filing does not show why the insider traded or why the company acted.