NewHydrogen Raises $3M From SunHydrogen at $0.01473/Share Plus 407.3M Warrants
NEWH sits 90% above its 52-week low of $0.012 on elevated volume (1.8× avg).
Summary
NewHydrogen closed a $3.0M private placement with SunHydrogen at $0.01473 per share for 203,650,000 shares, bundled with a warrant for 407,300,000 more at a $0.016203 strike. The cash extends a thin runway, but the warrant roughly doubles the potential share issuance from this deal alone.
Key Events · Financing and Capital Events · NEWH
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SunHydrogen Buys $3M Block at Deep Discount
203,650,000 shares sold at $0.01473 per share for $2,999,764.50, versus today's $0.022625 quote.
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Warrant Covers Twice the Shares Sold
407,300,000-share warrant at a $0.016203 strike, exercisable immediately and expiring October 23, 2031; full exercise would add 610,950,000 shares from this deal.
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Cash Buys Time Against Going-Concern Doubt
Proceeds go to general corporate purposes and working capital, following the August 10-Q's four-month runway and substantial-doubt language.
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Deal Closed October 26, 2026
Purchase agreement dated October 23, 2026; closing completed three days later under Regulation D accredited-investor exemption.
Analysis · NEWH · Industrial Applications And Services
NewHydrogen sold 203,650,000 shares to SunHydrogen, Inc. for $2,999,764.50, or $0.01473 per share, and included a warrant for another 407,300,000 shares at a $0.016203 strike. Both prices sit well below today's $0.022625 quote, so the buyer is getting a large block at a steep discount to the current market. The cash is a lifeline for a company that reported a four-month runway and going-concern doubt in its August 10-Q, but the warrant alone covers twice the share count just sold, and full exercise would add 610,950,000 shares on top of the existing base. Proceeds are earmarked for general corporate purposes and working capital, not debt paydown.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 38.5% of the 1020 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, NEWH was trading at $0.02 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $18.5M. The 52-week trading range was $0.01 to $0.04. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.