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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): December 19, 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
December 19, 2023, the Company issued a press release announcing that in a recent podcast the Company’s Chief Executive Officer,
Steve Hill, spoke with Dr. Valerie M. Thomas, Georgia Tech Andersen Interface Chair of Natural Systems in the H. Milton Stewart School
of Industrial and Systems Engineering and in the School of Public Policy regarding the challenges and opportunities in evaluating the
carbon footprint of different fuels. 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 December 19, 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: December 19, 2023 |
/s/ David
Lee |
|
David Lee |
|
Chairman and President |
Exhibit
99.1
NewHydrogen
CEO Steve Hill Discusses Hydrogen’s Role in Future Fuels with Georgia Tech Energy and Environment Expert
Dr.
Valerie Thomas explores hydrogen’s potential to decarbonize the global energy system
SANTA
CLARITA, Calif. (December 19, 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 Dr. Valerie M. Thomas, Georgia Tech Andersen Interface Chair of Natural Systems in the H. Milton Stewart School
of Industrial and Systems Engineering and in the School of Public Policy regarding the challenges and opportunities in evaluating the
carbon footprint of different fuels. Their discussion provided a comprehensive overview of the current state and future possibilities
of hydrogen as a pivotal component in the global transition to sustainable energy.
The
podcast began with an exploration of the complexities surrounding the assessment of carbon footprints, especially in the context of low
carbon fuel standards. Dr. Thomas said, “The conclusion of our recent National Academies study was not about which fuel was better,
but rather about the ability to evaluate different methods and the need for further research. Rather, I would like to emphasize the need
for robust evaluation methods and further research in the field.”
Both
Mr. Hill and Dr. Thomas underscored the inevitability of a diverse fuel landscape. Dr. Thomas said, “A mix of fuels would likely
be necessary, with the need for change and acceleration towards lower carbon emitting fuels recognizing the critical role of advancements
in technology and policy frameworks.”
A
significant highlight of the conversation was Dr. Thomas’s insights into the potential of using ammonia as a hydrogen carrier for
transportation. She emphasized its feasibility for energy storage and shared details about an ongoing demonstration at the Port of Savannah,
where ammonia is being explored as a low carbon fuel. The demonstration aims to showcase the practical applications of ammonia in maritime
transportation.
Mr.
Hill expressed enthusiasm about these groundbreaking developments and delved into the process of deconstructing ammonia back into hydrogen.
Dr. Thomas added, “In this specific application, the ammonia would be combusted directly as a fuel, eliminating the need to separate
hydrogen.” Both concurred on the efficiency and practicality of ammonia as an energy carrier, given its existing infrastructure
and higher energy value.
The
podcast concluded with a forward-looking discussion on the current state and future trajectory of renewable energy, with a particular
focus on hydrogen as a key fuel. Mr. Hill and Dr. Thomas painted an optimistic picture of a future where sustainable and innovative energy
solutions play a central role in addressing global energy challenges.
Dr.
Thomas received a PhD in physics from Cornell University. She is the Georgia Tech Anderson-Interface Chair of Natural Systems in the
H. Milton Stewart School of Industrial and Systems Engineering, and in the School of Public Policy. Her research is in environmental
lifecycle analysis, energy systems analysis, industrial ecology, and sustainability. She chaired the U.S. National Academies’ Committee
on Current Methods for Life Cycle Analyses of Low Carbon Transportation Fuels in the United States and has been a member of the US EPA
Science Advisory Board. Dr. Thomas is listed as a Google Scholar at https://scholar.google.com/citations?user=KgIcD3cAAAAJ&hl=en
The
full podcast episode featuring Dr. Valerie Thomas is available on https://newhydrogen.com/single-video.php?id=DcKvQOTSxYs.
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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