D1 Capital reports 3.2% stake in Hyperliquid Strategies | PURR SEC Filing

Merchandise 1. (a) Title of issuer:

Hyperliquid Strategies Inc.

(b) Handle of issuer’s principal government workplaces:

477 Madison Avenue, twenty second Ground, New York, NY 10022

Merchandise 2. (a) Title of individual submitting:

This assertion is filed by D1 Capital Companions L.P. (the “Funding Supervisor”) and Daniel Sundheim (the “Mr. Sundheim”). The foregoing individuals are hereinafter generally known as the “Reporting Individuals.”

The Funding Supervisor is a registered funding adviser and serves because the funding supervisor of personal funding automobiles and accounts, together with D1 Capital Companions Grasp LP (the “Funding Automobile”), and could also be deemed to beneficially personal the shares of frequent inventory, par worth $0.01 per share (the “Widespread Inventory”) of Hyperliquid Strategies Inc. (the “Firm”) held by the Funding Automobile and/or its subsidiary. Mr. Sundheim not directly controls the Funding Supervisor and could also be deemed to beneficially personal the shares of Widespread Inventory held by the Funding Automobile and/or its subsidiary.

The submitting of this assertion shouldn’t be construed as an admission that any Reporting Particular person is, for the needs of Part 13 of the Securities Trade Act of 1934, as amended, the helpful proprietor of the securities reported herein.

(b) Handle or principal enterprise workplace or, if none, residence:

D1 Capital Companions L.P.
9 West 57th Avenue, thirty sixth Ground
New York, New York 10019

Daniel Sundheim
c/o D1 Capital Companions L.P.
9 West 57th Avenue, thirty sixth Ground
New York, New York 10019

(c) Citizenship:

Funding Supervisor – Delaware
Mr. Sundheim – United States of America

(d) Title of sophistication of securities:

Widespread Inventory, par worth $0.01 per share

(e) CUSIP No.:

44916Y106

Merchandise 3. If this assertion is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), verify whether or not the individual submitting is a: (a) Dealer or supplier registered beneath part 15 of the Act (15 U.S.C. 78o); (b) Financial institution as outlined in part 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance coverage firm as outlined in part 3(a)(19) of the Act (15 U.S.C. 78c); (d) Funding firm registered beneath part 8 of the Funding Firm Act of 1940 (15 U.S.C. 80a-8); (e) An funding adviser in accordance with § 240.13d-1(b)(1)(ii)(E); (f) An worker profit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) A father or mother holding firm or management individual in accordance with § 240.13d-1(b)(1)(ii)(G); (h) A financial savings associations as outlined in Part 3(b) of the Federal Deposit Insurance coverage Act (12 U.S.C. 1813); (i) A church plan that’s excluded from the definition of an funding firm beneath part 3(c)(14) of the Funding Firm Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. establishment in accordance with § 240.13d-1(b)(1)(ii)(J). If submitting as a non-U.S. establishment in accordance with § 240.13d-1(b)(1)(ii)(J),

please specify the kind of establishment: (ok) Group, in accordance with Rule 240.13d-1(b)(1)(ii)(Okay). Merchandise 4. Possession (a) Quantity beneficially owned:

The knowledge required by Merchandise 4(a) is ready forth in Row 9 of the duvet web page for every of the Reporting Individuals and is integrated herein by reference.

The proportion set forth in this Schedule 13G is calculated based mostly upon an mixture of 196,553,055 shares of Widespread Inventory reported to be excellent as of June 15, 2026, as reported in the Firm’s Registration Assertion on Kind S-1/A, filed with the Securities and Trade Fee on June 25, 2026.

(b) % of sophistication:

3.2%

(c) Variety of shares as to which the individual has:
(i) Sole energy to vote or to direct the vote:

The knowledge required by Merchandise 4(c)(i) is ready forth in Row 5 of the duvet web page for every of the Reporting Individuals and is integrated herein by reference.

(ii) Shared energy to vote or to direct the vote:

The knowledge required by Merchandise 4(c)(ii) is ready forth in Row 6 of the duvet web page for every of the Reporting Individuals and is integrated herein by reference.

(iii) Sole energy to dispose or to direct the disposition of:

The knowledge required by Merchandise 4(c)(iii) is ready forth in Row 7 of the duvet web page for every of the Reporting Individuals and is integrated herein by reference.

(iv) Shared energy to dispose or to direct the disposition of:

The knowledge required by Merchandise 4(c)(iv) is ready forth in Row 8 of the duvet web page for every of the Reporting Individuals and is integrated herein by reference.

Merchandise 5. Possession of 5 % or Much less of a Class.

Possession of 5 % or much less of a category

Merchandise 6. Possession of greater than 5 % on Behalf of One other Particular person.

If every other individual is understood to have the suitable to obtain or the ability to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a press release to that impact must be included in response to this merchandise and, if such curiosity pertains to greater than 5 % of the category, such individual must be recognized. An inventory of the shareholders of an funding firm registered beneath the Funding Firm Act of 1940 or the beneficiaries of worker profit plan, pension fund or endowment fund just isn’t required.

See Merchandise 2(a).

Merchandise 7. Identification and Classification of the Subsidiary Which Acquired the Safety Being Reported on by the Mother or father Holding Firm or Management Particular person.

Not Relevant

Merchandise 8. Identification and Classification of Members of the Group.

Not Relevant

Merchandise 9. Discover of Dissolution of Group.

Not Relevant