secwatch.observer — SEC 8-K summary
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Issuer:     Hyperliquid Strategies Inc (PURR)
CIK:        0002078856
Form:       8-K
Filed at:   2026-09-14T12:56:10+00:00
Accession:  0001193125-26-389910
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2078856/000119312526389910/0001193125-26-389910-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2078856/000119312526389910/purr-20260914.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-389910

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