NewsMV
The ChEF Purchase Agreement between Hyperliquid Strategies Inc (Nasdaq: PURR) and Chardan Capital Markets LLC expanded by $1.5 billion on September 1, 2026, with Amendment No.
1 lifting the total commitment from $1.0 billion to $2.5 billion in aggregate gross purchase price of newly issued common stock.
Alongside that expansion, the amendment installs a share issuance ceiling tied to a $12.02 price floor, and crossing that ceiling requires a stockholder vote under Nasdaq rules.
The cap mechanics The original ChEF Purchase Agreement was executed on October 22, 2025.
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