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): August 28, 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 August 28, 2024, NewHydrogen, Inc. issued a press release reporting its progress on its collaboration with the University of California Santa Barbara (UCSB) in developing ThermoLoop^TM. 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 August 28, 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: August 29, 2024	/s/ David Lee
	David Lee
	Chairman and President

 

 

 

 

Exhibit 99.1

 

NewHydrogen Reports Progress in Developing Cost-Effective Green Hydrogen Technology

 

Collaboration with UC Santa Barbara marks key progress in reducing hydrogen production costs with innovative ThermoLoop™ technology

 

SANTA CLARITA, Calif. (August 28, 2024) — NewHydrogen, Inc. (OTCMKTS:NEWH), provided an update on its breakthrough ThermoLoop™ technology, which uses water and heat rather than electricity to produce the world’s cheapest green hydrogen. The company shared progress on its collaboration with the University of California Santa Barbara (UCSB) in developing ThermoLoop^TM.

 

The prevailing method for producing green hydrogen is to split water into oxygen and hydrogen with an electrolyzer using green electricity produced from solar or wind, which is expensive and contributes approximately 73% of the total production cost.

 

“In collaboration with UC Santa Barbara’s world class research team, we are developing ThermoLoop^TM, a novel low-cost thermochemical process that uses inexpensive heat, instead of costly electricity to split water,” said Steve Hill, CEO of NewHydrogen. “Existing thermochemical approaches require extremely high temperatures (around 2,000°C), or an inefficient multi-step process. Our goal with ThermoLoop^TM is to achieve an efficient, chemical looping redox process that operates under 1000°C.”

 

Since the project’s inception in August 2023, the UCSB team has made significant strides, including:

 

	●	Designing and building a reactor test stand that has successfully generated hydrogen and oxygen from water using a thermochemical reaction cycle, allowing for performance testing of synthesized materials under varying conditions.
	●	Conducting thermodynamic screenings to identify and select promising new candidate materials and reaction conditions, with research to understand hydrogen and oxygen generation mechanisms and the effects on material structures.
	●	Validating the foundational science behind ThermoLoop™ by synthesizing and testing materials cited in key publications, testing to demonstrate repeated cycles of hydrogen and oxygen production, and disproving certain claims from prior research publications.
	●	Identifying key co-reactants that provide driving forces to enable water splitting under 1000°C and with small temperature differentials between hydrogen and oxygen production steps.

 

Looking ahead, the team plans to:

 

	●	Explore novel material systems for thermochemical cycles to enhance hydrogen production efficiency while minimizing the temperature difference between hydrogen and oxygen generation.
	●	Upgrade the experimental test stand to allow higher throughput screening of materials and broaden the search for optimal candidates.
	●	Develop a conceptual process model for a technoeconomic analysis (TEA) of the water splitting process, incorporating material cost data and reaction kinetics to estimate hydrogen production costs at scale.

 

 

●

Select the material compositions that optimize performance, reduce energy input, and lower operating temperatures, thereby significantly reducing green hydrogen production costs.

 

Mr. Hill concluded, “We are very pleased with the UCSB team’s progress and their methodical approach in developing a cost-effective thermochemical process for producing green hydrogen. Their efforts are pivotal in achieving our goal of delivering the world’s cheapest green hydrogen.”

 

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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Cover	Aug. 28, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Aug. 28, 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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