IPO - NewHydrogen, Inc.

Form Type: CORRESP

Filing Date: 2025-05-29

Corporate Action: Ipo

Type: New

Accession Number: 000164117225012835

Filing Summary: NewHydrogen, Inc. has submitted a request for the acceleration of the effectiveness of their Registration Statement on Form S-1, aiming for it to become effective at 4:00 PM Eastern Time on May 30, 2025, or as soon as practicable. This step is a critical move towards their planned Initial Public Offering (IPO). The request is made in accordance with Rule 461 of the Securities Act of 1933.

Form Type: S-1

Filing Date: 2025-05-19

Corporate Action: Ipo

Type: New

Accession Number: 000164117225011460

Filing Summary: NewHydrogen, Inc. filed Registration Statement No. 333- under Form S-1 with the SEC on May 19, 2025, to register 235,000,000 shares of common stock for resale by a selling stockholder, GHS Investments, LLC. The company focuses on the development of clean energy technologies, particularly a thermochemical process for producing green hydrogen aimed at reducing costs. The GHS Financing Agreement allows the company to sell up to $3 million in common stock to GHS over a two-year term. The offering price of shares sold will be determined based on market conditions. The filing emphasizes risks associated with investing, including the company's history of losses and lack of revenue, along with the challenges inherent in developing and marketing new technologies. The common stock is currently traded on the OTCQB under the symbol 'NEWH.'