---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-389910"
form_type: "8-K"
ticker: "PURR"
cik: "0002078856"
company_name: "Hyperliquid Strategies Inc"
filed_at: "2026-09-14T12:56:10+00:00"
generated_at: "2026-09-14T13:00:30.005393+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Hyperliquid Strategies amends ChEF purchase agreement; new VWAP pricing at 98.5%/97%

## Summary
- Amendment No. 2 to ChEF Purchase Agreement with Chardan Capital Markets dated Sep 14, 2026.
- New VWAP Purchase Price set at 98.5% of VWAP for VWAP/Intraday purchases, 97.0% for Off-Hour purchases.
- Replaces prior definition of VWAP Purchase Price; agreement originally dated Oct 22, 2025 and amended Sep 1, 2026.
- Agreement allows company to sell common stock to Chardan at a discount subject to adjustments.

## SEC filing metadata
- accession: 0001193125-26-389910
- form_type: 8-K
- ticker: PURR
- cik: 0002078856
- company_name: Hyperliquid Strategies Inc
- filed_at: 2026-09-14T12:56:10+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2078856/000119312526389910/0001193125-26-389910-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2078856/000119312526389910/purr-20260914.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-389910
- JSON: https://secwatch.observer/filing/0001193125-26-389910.json
- Plain text: https://secwatch.observer/filing/0001193125-26-389910.txt

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