Hyperliquid Strategies Inc 8K
0001193125-26-378589
View on SEC EDGARHyperliquid Strategies Inc amended its stock purchase agreement with Chardan Capital Markets LLC to expand and clarify a $2.5 billion equity financing facility subject to a 19.99% Exchange Cap and stockholder-approval thresholds.
On September 1, 2026, Hyperliquid Strategies Inc entered into Amendment No. 1 to its ChEF Purchase Agreement with Chardan Capital Markets LLC, increasing the total commitment for the common stock purchase facility to up to $2.5 billion, clarifying that share issuances are capped by both this total commitment and an Exchange Cap tied to 19.99% of the company’s pre-amendment outstanding voting power, and specifying that, after $1 billion in sales, further issuances below $12.02 per share cannot exceed 42,641,847 shares absent stockholder approval under applicable exchange rules; the amendment also tightens related purchase and Exchange Cap provisions, and obligates the company to reimburse up to $15,000 of investor expenses for entering into the amendment.
Filing Facts
- CIK
- 2078856
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001193125-26-378589
- Alert Tier
- 7