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Bullboard - Stock Discussion Forum SunHydrogen Inc HYSR

SunHydrogen, Inc. is developing technologies to make, store and use green hydrogen. Its SunHydrogen Panel technology, in development, uses sunlight and any source of water to produce low-cost green hydrogen. By developing, acquiring and partnering with other critical technologies, it intends to enable emission-free hydrogen production for all industrial applications such as fertilizer and... see more

OTCQB:HYSR - Post Discussion

SunHydrogen Inc > Registered Direct Offering of 120 Million Shares at $.075
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Post by TrueCanuck1 on Dec 09, 2020 5:49pm

Registered Direct Offering of 120 Million Shares at $.075

The Company intends to use the net proceeds primarily to accelerate the development of its breakthrough nanoparticle hydrogen generation technology, as well as for working capital and general corporate purposes.

Warrants to purchase one share at $.075 and are immediately exercisable.  Will they wait to exercise at much higher share prices in 30 months?
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