Form 8-K - Current report

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 10, 2024

 

NEWHYDROGEN, INC.

(Exact name of registrant as specified in its charter)

 

Nevada		000-54819		20-4754291
(State or other jurisdiction		(Commission		(IRS Employer
of incorporation)		File Number)		Identification No.)

 

27936 Vista Canyon Blvd., Suite 202, Santa Clarita, CA 91387

(Address of principal executive offices and Zip Code)

 

Registrant’s telephone number, including area code: [phone]

 

N/A

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class		Ticker symbol(s)		Name of each exchange on which registered
N/A		N/A		N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b2 of the Securities Exchange Act of 1934 (§240.12b2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Item 8.01 Other Events.

 

On September 10, 2024, NewHydrogen, Inc. (the “Company”) issued a press release announcing that in a recent podcast the Company’s Chief Executive Officer, Steve Hill, spoke with Dr. Walter van Schalkwijk, a renowned battery expert and Northwest leader in lithium-ion battery research and development and an Affiliate Professor of Chemical Engineering at the University of Washington. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit Number		Description
99.1		Press Release dated September 10, 2024
101		Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language)
104		Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101)

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

	NewHydrogen, Inc.
Date: September 10, 2024	/s/ David Lee
	David Lee
	Chairman and President

 

 

Exhibit 99.1

 

NewHydrogen’s CEO and University of Washington Energy Expert Explore Thermal Approach to Green Hydrogen Production

 

Dr. Walter van Schalkwijk says thermochemical hydrogen production is the key to meeting future energy demands

 

SANTA CLARITA, Calif. (September 10, 2024) — NewHydrogen, Inc. (OTCMKTS:NEWH), the developer of ThermoLoop^™, a breakthrough technology that uses water and heat rather than electricity to produce the world’s cheapest green hydrogen, today announced a podcast featuring CEO Steve Hill and Dr. Walter van Schalkwijk, a renowned battery expert and Northwest leader in lithium-ion battery research and development and an Affiliate Professor of Chemical Engineering at the University of Washington. Dr. van Schalkwijk believes that a thermal approach to hydrogen production is the key to unlocking a sustainable and scalable green energy future. He has been working in the battery field for decades and even helped build the first manufacturable lithium-ion batteries, sees hydrogen as the next big thing, but not through traditional electrolysis methods.

 

“You’re not going to invent a light bulb by making incremental improvements to the candle, and you’re not going to make large enough volumes of hydrogen by doing incremental changes to electrolyzers,” Dr. van Schalkwijk stated during a recent podcast. “This is a new approach; this is the only kind of thing that can be sustainable and produce large volumes of hydrogen is doing this thermally.” He points to the high energy consumption and reliance on rare earth materials in current electrolysis methods, estimating that only 10% of energy needs could be met using these techniques.

 

His vision for the future involves a more localized approach, with hydrogen production happening in individual homes or even businesses. He suggests that sand, a readily available and inexpensive material, could be heated using excess solar energy to generate hydrogen.

 

“If you had a small silo about 2 meters high and a meter in diameter and you filled it with something incredibly cheap like sand… you can heat up that sand and sand will melt at over a range between 1500 and 1650 degrees C,” he explained. “That heated sand becomes an opportunity to generate hydrogen locally, right in your own driveway.”

 

This decentralized approach, Dr. van Schalkwijk believes, could offer a way to bypass dependence on imported energy sources and create a more resilient energy infrastructure. It would also provide a more sustainable alternative to the current battery technology which relies on energy-intensive mining practices and the use of rare earth materials.

 

“The key to it is being able to get past the energy-intensive use of resources to just produce energy,” he concluded. “It needs a new way to make that hydrogen.”

 

Dr. Walter van Schalkwijk is a Northwest leader and consultant in the lithium-ion battery research and development community and an Affiliate Professor of Chemical Engineering at the University of Washington with extensive research supporting advanced batteries for the tech industry, power sources for mobile and wearable technologies and electrochemical devices that enable reliable operation of data center infrastructure. He has been under contract as Microsoft’s “Principal Battery Scientist” since 2016 and is also under contract to Duracell Corporation as a battery manufacturing specialist. Dr. van Schalkwijk’s edited volume, “Advances in Lithium-Ion Batteries”, is one of the foundational books for the field. In addition to papers and patents in battery technology, he also has patents in the field of kidney dialysis with local company, Advanced Renal Technologies.

 

 

Watch the full discussion on the NewHydrogen Podcast featuring Dr. Walter van Schalkwijk at Dr Walter Van Schalkwijk | Newhydrogen.

 

For more information about NewHydrogen, please visit https://newhydrogen.com/.

 

About NewHydrogen, Inc.

 

NewHydrogen is developing ThermoLoop™ – a breakthrough technology that uses water and heat rather than electricity to produce the world’s lowest cost green hydrogen. Hydrogen is the cleanest and most abundant element in the universe, and we can’t live without it. Hydrogen is the key ingredient in making fertilizers needed to grow food for the world. It is also used for transportation, refining oil and making steel, glass, pharmaceuticals and more. Nearly all the hydrogen today is made from hydrocarbons like coal, oil, and natural gas, which are dirty and limited resources. Water, on the other hand, is an infinite and renewable worldwide resource. Currently, the most common method of making green hydrogen is to split water into oxygen and hydrogen with an electrolyzer using green electricity produced from solar or wind. However, green electricity is and always will be very expensive. It currently accounts for 73% of the cost of green hydrogen. By using heat directly, we can skip the expensive process of making electricity, and fundamentally lower the cost of green hydrogen. Inexpensive heat can be obtained from concentrated solar, geothermal, nuclear reactors and industrial waste heat for use in our novel low-cost thermochemical water splitting process. Working with a world class research team at UC Santa Barbara, our goal is to help usher in the green hydrogen economy that Goldman Sachs estimated to have a future market value of $12 trillion.

 

Safe Harbor Statement

 

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, the impact on the national and local economies resulting from terrorist actions, the impact of public health epidemics on the global economy and other factors detailed in reports filed by the Company with the United States Securities and Exchange Commission.

 

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

 

Investor Relations Contact:

 

NewHydrogen, Inc.

[e-mail]

 

Cover	Sep. 10, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Sep. 10, 2024
Entity File Number	000-54819
Entity Registrant Name	NEWHYDROGEN, INC.
Entity Central Index Key	0001371128
Entity Tax Identification Number	20-4754291
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	27936 Vista Canyon Blvd.
Entity Address, Address Line Two	Suite 202
Entity Address, City or Town	Santa Clarita
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	91387
City Area Code	(661)
Local Phone Number	251-0001
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false

---