secwatch.observer — SEC 8-K summary
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Issuer:     SUNHYDROGEN, INC. (HYSR)
CIK:        0001481028
Form:       8-K
Filed at:   2023-04-13T23:59:59+00:00
Accession:  0001213900-23-029271
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SunHydrogen creates Series C Preferred Stock with $100 stated value, convertible at $0.00095 per share.
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- Filed amended Series C Certificate of Designation on April 7, 2023; 12,000 shares designated at $100 stated value.
- Each Series C share convertible into common stock at conversion price of $0.00095 per share.
- Holders receive cumulative 10% annual dividend, payable in cash or common stock, senior to common dividends.
- No voting rights except on matters materially affecting Series C preferences.
- Liquidation preference: greater of $100 plus accrued dividends or as-if-converted amount.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1481028/000121390023029271/0001213900-23-029271-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1481028/000121390023029271/ea176883-8k_sunhydro.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-029271

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