Sichenzia Ross Ference LLP Represents SunHydrogen in $9.0 Million Warrant Exercise Transaction
Press Release – New York, New York – December 30, 2020 – Sichenzia Ross Ference LLP announced today that it represented SunHydrogen, Inc. (OTC: HYSR), in a transaction in which a warrant holder exercised its registered warrants for the purchase of 120,000,000 shares of common stock at an exercise price of $0.075 per share, and received unregistered warrants to purchase up to 132,000,000 shares of common stock at an exercise price of $0.075 per share. The shares issued upon exercise of the registered warrants were registered on a shelf registration statement on Form S-3. H.C. Wainwright & Co., LLC acted as the exclusive placement agent for the transaction.
The gross proceeds from the transaction were $9,000,000.
The Sichenzia Ross Ference LLP team was led by Partners Gregory Sichenzia and Jeff Cahlon.
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