secwatch.observer — SEC 8-K summary
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Issuer:     SUNHYDROGEN, INC. (HYSR)
CIK:        0001481028
Form:       8-K
Filed at:   2022-02-02T23:59:59+00:00
Accession:  0001213900-22-004928
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SunHydrogen CEO receives 51% voting control; authorized shares doubled to 10B; reverse split up to 1:500 approved
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- CEO Timothy Young received 1,000 Series A Preferred shares granting 51% voting control; shares auto-redeem at $0.001 after 60 days or departure.
- Authorized common shares increased from 5B to 10B via written consent of majority shareholder.
- Board authorized to effect reverse stock split of 1:100 to 1:500 at any time within one year.
- 2022 Equity Incentive Plan adopted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1481028/000121390022004928/0001213900-22-004928-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1481028/000121390022004928/ea154818-8k_sunhydrogen.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-004928

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer