Hyperliquid Strategies expands ChEF purchase agreement to $2.5B from $1.0B

Hyperliquid Strategies Inc

Amendment No. 1 to ChEF Purchase Agreement with Chardan Capital Markets increases Total Commitment to $2.5B from $1.0B.
After $1.0B sold, Exchange Cap of 42,641,847 shares (19.99% of outstanding) applies for sales below $12.02/share unless stockholder approval.
Company reimburses Chardan costs up to $15,000 for amendment.
Agreement dated Sept 1, 2026; shares of common stock (PURR) to be issued under facility.

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