NEWH NewHydrogen Inc (PK)

 

 

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 19, 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 19, 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. Kaushik Rajashekara, a Distinguished Professor of Engineering at the University of Houston. 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 19, 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 19, 2024	/s/ David Lee
	David Lee
	Chairman and President

 

 

Exhibit 99.1

 

New Hydrogen CEO Steve Hill and University of Houston Expert Discuss Hydrogen Adoption and Current State of Hydrogen Vehicles

 

Dr. Kaushik Rajashekara shares his experience in electric and hybrid propulsion systems stemming from his career at General Motors and Rolls-Royce

 

SANTA CLARITA, Calif. (November 19, 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. Kaushik Rajashekara, a Distinguished Professor of Engineering at the University of Houston.

 

Dr. Rajashekara discusses his early work at GM in the late 1980s on electric vehicles, transitioning technology from prototype to production, particularly focusing on the EV1, and his involvement in fuel cell technology, including developing the first gasoline reformer-based fuel cell vehicle and the shift towards using hydrogen fuel cells without onboard reformers. He also briefly touches on his work on solid oxide fuel cells for Rolls-Royce, focusing on power generation rather than propulsion.

 

On the challenges in hydrogen adoption, Dr. Rajashekara addresses the “chicken and egg” problem of fuel cell vehicle infrastructure versus vehicle availability, noting slow progress due to high costs and lack of refueling stations. He believes that hydrogen fuel cells are better suited for heavy-duty vehicles like buses, trucks, and ships, while battery electric vehicles are more efficient for passenger transport.

 

Dr. Rajashekara also outlines potential applications of hydrogen in aviation, including the Joby aircraft’s use of hydrogen power, and emphasizes the advantages of hydrogen over batteries in aircraft due to quicker refueling and lighter weight for larger distances.

 

He concludes with optimism about hydrogen’s role in sustainable transportation, particularly for heavy-duty and aviation applications, while recognizing challenges in passenger vehicle markets.

 

Dr. Kaushik Rajashekara received a Ph.D. in Electrical Engineering from Indian Institute of Science, Bangalore. He is currently a Distinguished Professor of Engineering at the University of Houston. He previously held many positions including a Distinguished Professor of Engineering at the University of Texas at Dallas, and Chief Technologist for Electric Power & Control Systems at Rolls-Royce Corporation. Dr. Rajashekara is a recipient of 2022 Global Energy Prize for outstanding contributions to transportation electrification and energy efficiency technologies while reducing power generation emissions, a Member of the U.S. National Academy of Engineering (NAE) for contributions to electric power conversion systems in transportation. His research interests include power electronics and drive systems, subsea electrical systems, transportation electrification, electric, hybrid, and fuel cell vehicle, electric and hybrid electric aircraft, and flying cars, renewable energy and microgrids. Dr. Rajashekara is listed as Google Scholar at ‪Kaushik Rajashekara - ‪Google Scholar.

 

Watch the full discussion on the NewHydrogen Podcast featuring Dr. Kaushik Rajashekara at https://newhydrogen.com/videos/ceo-podcast/dr-kaushik-rajashekara-university-of-houston.

 

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

 

 

v3.24.3

Cover	Nov. 19, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Nov. 19, 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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