---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-378589"
form_type: "8-K"
ticker: "PURR"
cik: "0002078856"
company_name: "Hyperliquid Strategies Inc"
filed_at: "2026-09-01T21:00:27+00:00"
generated_at: "2026-09-01T21:02:06.759061+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-378589
- form_type: 8-K
- ticker: PURR
- cik: 0002078856
- company_name: Hyperliquid Strategies Inc
- filed_at: 2026-09-01T21:00:27+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2078856/000119312526378589/0001193125-26-378589-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2078856/000119312526378589/purr-20260901.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-378589
- JSON: https://secwatch.observer/filing/0001193125-26-378589.json
- Plain text: https://secwatch.observer/filing/0001193125-26-378589.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.