SunHydrogen Invests About $3 Million in NewHydrogen Shares and Warrants
SunHydrogen closed a private placement to acquire 203.65 million NewHydrogen shares and warrants to purchase up to 407.3 million additional shares for approximately $3.0 million.
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08:04:04 PM UTC
SquawkNews
SunHydrogen, Inc. said it made a strategic investment in NewHydrogen, Inc., taking a 19.9% ownership position with rights to purchase additional shares.Material DetailsContext by AI AnalystThis is an early-stage strategic move to broaden SunHydrogen’s footprint beyond distributed production. A larg…