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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): November 5, 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: (661) 251-0001
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
November 5, 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. Jackson Ewing, Director of Energy and
Climate Policy at Duke University. 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 November 5, 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:
November 5, 2024 |
/s/
David Lee |
|
David
Lee |
|
Chairman
and President |
Exhibit
99.1
New
Hydrogen CEO Steve Hill and Duke University Energy Policy Expert Discuss the Challenges and Opportunities of the Hydrogen Sector in the
United States
Dr.
Jackson Ewing emphasizes the need for a robust policy framework to incentivize green hydrogen production and adoption
SANTA
CLARITA, Calif. (November 5, 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. Jackson Ewing, Director
of Energy and Climate Policy at Duke University.
Dr.
Ewing highlighted the ‘Catch-22’ dynamic in the hydrogen sector, where the lack of demand hinders investment in supply, and
vice versa. He emphasized the need for a comprehensive approach, including incentives, infrastructure development, and market mechanisms
to address this challenge. Promising demand drivers for hydrogen were identified, such as ammonia, long-haul trucking, and industrial
processes, where green hydrogen could replace traditional fossil fuels.
As
an advocate for policy interventions, Dr. Ewing discusses the importance of production tax credits, permitting reform, carbon pricing
mechanisms, and low-carbon fuel standards to accelerate green hydrogen adoption. He argues that the hydrogen sector has the potential
to thrive under various political climates, stressing the need for a robust and durable policy framework to ensure long-term investment
and growth.
Dr.
Ewing emphasized the importance of bipartisan support and collaboration in developing a vibrant green hydrogen sector, recognizing its
significance for national energy security and climate goals.
Dr.
Jackson Ewing holds a Doctorate in Environmental Security and Master’s Degree in International Relations from Australia’s
Bond University, and a Bachelor’s Degree in Political Science from the College of Charleston. He is currently Director of Energy
and Climate Policy at the Nicholas Institute of Energy, Environment & Sustainability at Duke University. He holds additional appointments
as an Adjunct Associate Professor at the Nicholas School of the Environment, a Faculty Affiliate with the Duke Center for International
Development at the Sanford School of Public Policy and the Duke Asian/Pacific Studies Center, and Faculty Lead for the Duke Kunshan University
International Masters of Environmental Policy program. Dr. Ewing’s work seeks to help facilitate energy transitions internationally
and in the United States. His current projects focus on international climate finance and just energy transition partnerships, systems-level
changes needed to meet net-zero goals in the United States, international carbon pricing and clubs, and US-China climate relations. He
has worked in more than 20 countries, and collaborates closely with actors in government, the private sector, civil society, and international
organizations. He publishes widely and contributes to radio, television, and print media. Prior to joining Duke, Dr. Ewing was Director
of Asian Sustainability at the Asia Society Policy Institute in New York, where he led projects on Asian carbon market cooperation and
sustainable resource development in the ASEAN Economic Community. He also previously served as a MacArthur Non-Traditional Security Fellow
for Environment, Climate Change and Food Security at Singapore’s S. Rajaratnam School of International Studies.
Dr.
Ewing is listed as Google Scholar at https://scholar.google.com/citations?user=E4bAXpMAAAAJ.
Watch
the full discussion on the NewHydrogen Podcast featuring Dr. Jackson Ewing at https://newhydrogen.com/videos/ceo-podcast/jackson-ewing-phd-duke-university.
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.
ir@newhydrogen.com
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