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 24, 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 24, 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. William Scheideler, Associate Professor at Dartmouth College’s Thayer School of Engineering, on scalable nanomanufacturing and 3D materials for energy applications, Perovskite solar cells, green hydrogen generation through electrocatalysis, and hydrogen energy storage. 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 24, 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 24, 2024	/s/ David Lee
	David Lee
	Chairman and President

 

 

Exhibit 99.1

 

New Hydrogen CEO Steve Hill and Dartmouth Energy Expert Discuss Scalable Nanomanufacturing and 2D Materials for Energy Applications

 

Dr. William Scheideler elaborates on Perovskite solar cells and green hydrogen generation through electrocatalysts

 

SANTA CLARITA, Calif. (September 24, 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. William Scheideler, Associate Professor at Dartmouth College’s Thayer School of Engineering, on scalable nanomanufacturing and 3D materials for energy applications, Perovskite solar cells, green hydrogen generation through electrocatalysis, and hydrogen energy storage.

 

Dr. Scheideler briefly introduced the work being done at his research group. Perovskite solar cells are a new breed of ultra-thin, lightweight solar cells that can be manufactured using printing techniques, offering the potential for low cost and high efficiency. His research group is developing earth-abundant materials for electrocatalysis, aiming to replace expensive platinum and iridium oxide catalysts used in water electrolysis. Dr. Scheideler said, “We are somewhere in between the basic science and the applied sciences, and in terms of energy, we work on two major renewable energy topics: Perovskite solar cells and the generation of green hydrogen through electrocatalysis and water splitting.”

 

Hydrogen is presented as a promising solution for storing intermittent renewable energy, offering an alternative to battery storage and pumped hydro systems. Regarding hydrogen production cost of $1/kg, an aggressive target set by the United States Department of Energy, Dr. Scheideler said, “We should use earth abundant materials that may be little bit less active, but can be much more commercially viable. Our approach is to create an ordered structure so that the hydrogen and oxygen bubbles can work their way through in a systematic way rather than a random way thus increase the efficiency.”

 

As for the storage of energy, Dr. Scheideler said, “Batteries are still too expensive to really compete at scale. Hydrogen is a better approach especially if you have times of the day where you have excess energy generation from renewable energy including wind and solar.”

 

Dr. William Scheideler graduated with BSE degrees in electrical engineering and biomedical engineering from Duke University, and a PhD in electrical engineering from UC Berkeley. He then worked as a postdoctoral scholar in the Department of Materials Science & Engineering at Stanford University. His research focuses on developing new materials and nanomanufacturing methods for high-performance printed and flexible devices, including low-power sensors and energy harvesting for hybrid electronics.

 

Dr. Scheideler is listed as Google Scholar at https://scholar.google.com/citations?user=OvFn77MAAAAJ.

 

Watch the full discussion on the NewHydrogen Podcast featuring Dr. William Scheideler at Professor William Scheideler Dartmouth College | 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. 24, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Sep. 24, 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

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