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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): September 13 2023
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
Lost Canyon Road, 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
September 13, 2023, NewHydrogen, Inc. (the “Company”) issued a press release announcing that in
a recent podcast the Company’s Chief Executive Officer, Steve Hill, discussed hydrogen’s sustainable energy potential with
Stanford University expert Dr. Naomi Boness. 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 13, 2023 |
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 13, 2023 |
/s/
David Lee |
|
David
Lee |
|
Chairman
and President |
Exhibit
99.1
NewHydrogen
CEO Steve Hill Discussed Hydrogen’s Sustainable Energy
Potential with Stanford University Energy Expert
Dr.
Naomi Boness commented on the exciting potential of hydrogen in the sustainable energy industry
SANTA
CLARITA, Calif. (September 13, 2023) — NewHydrogen, Inc. (OTCMKTS:NEWH), the developer of a breakthrough technology that uses clean
energy and water to produce the world’s cheapest green hydrogen, today announced that in a recent podcast, the company’s
CEO, Steve Hill, spoke with Stanford University energy expert Dr. Naomi Boness.
Dr.
Boness shared her insights into the growing interest in hydrogen as an alternative energy source and explained that hydrogen is projected
to make up about 18% of total energy use in the coming decades. With increasing energy costs and concerns about climate change, hydrogen
offers an affordable, safe, and environmentally friendly solution. She highlighted the potential applications of hydrogen in various
sectors, including transportation and heavy industries like steel, oil and gas, glass making, and pharmaceuticals.
“Hydrogen,
much like natural gas, could provide resilience to the electric grid,” said Dr. Boness. “We could make it from curtailed
wind and solar, such as during the middle of the day and during the summer, and then use it when wind and solar are not available. Using
hydrogen in that capacity is an exciting application.”
Dr.
Boness continued, “We live in a world where we still have close to a billion people who do not have electricity. This is one of
the big problems that we still have to solve. One of the really exciting things about hydrogen is how we can use it. Energy is typically
created in huge volumes and then it is transported by various means all over the world. Renewables are changing the way we think about
energy. We are seeing more microgrids. Hydrogen, particularly when it is generated from renewable resources, fits in nicely with this
idea of small scale, decentralized solutions that don’t require huge capital investment upfront, are easy to maintain and provide
reliability.”
Dr.
Boness also discussed the challenges of transitioning to hydrogen production from fossil fuels and the importance of establishing demand
side incentives to accelerate the growth of the hydrogen economy. She encouraged individuals and investors to educate themselves about
the energy sector as hydrogen infrastructure will impact communities and play a significant role in our lives.
Dr.
Naomi Boness is the Managing Director of the Natural Gas Initiative (NGI) at Stanford University, an affiliates program that conducts
research on natural gas to maximize the environmental, social and economic benefits. She is also Co-Managing Director of the Stanford
Hydrogen Initiative. Dr. Boness is an experienced practitioner in the energy sector with a focus on using her background in reservoir
geophysics and technoeconomic modeling to develop technology solutions related to natural gas, hydrogen, and decarbonization in both
the developed and the developing world. In addition to her research, she teaches classes in earth science and energy engineering, most
recently co-designing a graduate class on the Hydrogen Economy. She is passionate about connecting technology developers with industry
to accelerate the deployment of new decarbonization technologies at scale and is an advisor to a number of energy startups.
Prior
to Stanford, Dr. Boness held a variety of technical and management positions at Chevron. She is also a Board Director at Aemetis, a renewable
fuels company; a member of the Renewable Natural Gas Coalition Advisory Committee; a member of the Partnership to Address Global Emissions
Advisory Council; a member of the Open Hydrogen Initiative Independent Expert Panel; a past invited member of the United Nations Expert
Group on Resource Classification; and a past Chair of the Society of Exploration Geophysicists Oil and Gas Reserves Committee. As an
advocate for women and gender equality, she is proud to be an Ambassador for the Women in Clean Energy, Education and Empowerment (C3E)
Initiative.
Dr.
Boness holds a Ph.D. in geophysics from Stanford University, a M.Sc. in geological sciences from Indiana University and a B.Sc. in geophysics
from the University of Leeds. Dr. Boness is listed as a Google Scholar at
https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=Naomi+Boness&btnG=
Watch
the full discussion on the NewHydrogen Podcast featuring Dr. Naomi Boness at
https://newhydrogen.com/naomi-boness-stanford.php.
For
more information about NewHydrogen, please visit https://newhydrogen.com/.
About
NewHydrogen, Inc.
NewHydrogen
is developing a breakthrough technology that uses clean energy and water 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. However, extracting hydrogen from water is an expensive process.
Working with research teams at UCLA and UC Santa Barbara, NewHydrogen is helping to advance the green hydrogen revolution. We are developing
NewHydrogen ThermoLoop™, a breakthrough water splitting technology that uses clean energy and water to produce unlimited quantities
of the world’s cheapest green hydrogen. 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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