8-K

UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of the earliest event reported): October 20, 2024 (October 20, 2024)

GREENWAY

TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

1521North Cooper Street, Suite 205

Arlington,Texas 76011

(Address of principal executive offices) (Zip Code)

Registrant’s

telephone number, including area code: 561-809-4644

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Securities registered pursuant to Section 12(b) of the Act:

On October 23, 2024, Greenway Technologies, Inc. issued a press release announcing that it has developed a new version of its existing G-Reformer, named the H-Reformer. The new technology converts natural gas into hydrogen and carbon dioxide. Depending on the quality of the natural gas, either blue or green hydrogen will be produced.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

Date: October 23, 2024

Exhibit99.1

GreenwayTechnologies Announces Gas to Hydrogen System H-Reformer®

ARLINGTON, Texas October 23, 2024 - Greenway Technologies, Inc. (OTC: GWTI), (“Greenway”), is an advanced gas-to-liquids (“GTL”) and gas-to-hydrogen (“GTH”) technology development company. Greenway has developed and marketed a patented system, the G-Reformer®, that converts natural gas (methane) from various sources to a mixture of hydrogen and carbon monoxide (syngas). Continued ongoing research has developed a new version of the G-Reformer®, named the “H-Reformer®,” which converts natural gas to hydrogen and carbon dioxide. The H-Reformer® system is modular and small enough to be deployed in areas close to consumption, eliminating the cost of compressing and transporting the resultant hydrogen while separating and removing created carbon dioxide.

Two significant changes have been made to the original G-Reformer® to make a reforming system focused on hydrogen creation rather than syngas creation. First, enhancements to the controlling software have modified the G-Reformer® to convert approximately 50% of the created carbon monoxide to carbon dioxide while also producing additional hydrogen. The H-Reformer® also includes an extension to the reforming vessel used in the G-Reformer®. This module will house the physical components needed to convert the remaining carbon monoxide to hydrogen and carbon dioxide within the reforming unit. The result is the generation of considerably more hydrogen per unit of natural gas input than the original G-Reformer® produces and high conversion of carbon monoxide to carbon dioxide. Carbon dioxide is externally separated from resultant hydrogen by commercially available processes, yielding highly pure hydrogen and liquid carbon dioxide, which will be removed, sold, or sequestered. This new reforming system is named the H-Reformer®.

Created hydrogen will be available for use at the point of manufacture. Hydrogen compression or liquefaction costs are also eliminated for applications that do not need compressed hydrogen (e.g., electrical power generation). In cases where compressed hydrogen is required, the hydrogen can undergo the compression process at the consumption site while eliminating hydrogen transportation.

Unlike other natural gas-to-hydrogen technologies, the Greenway reforming process does not require external heating sources, resulting in a highly efficient and lower carbon-generating process. When pipeline-quality fossil natural gas is the input, the system will make “blue hydrogen.” When renewable pipeline-quality methane is the input, the system will make “green hydrogen.” These distinctions are important for associated clean air credits, which depend on the input natural gas source and the resultant carbon’s disposition.

The Greenway system is modular and can be scaled by adding additional H-Reformer® modules. The system produces hydrogen at an extremely low cost per unit compared to other technologies.

Currently, Greenway is in discussions with several prospective parties interested in creating hydrogen for various potential uses.

NoticeRegarding Forward-Looking Statements:

Thisnews release contains “forward-looking statements,” as that term is defined in Section 27A of the United States SecuritiesAct of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical areforward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Suchforward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding Greenway’sproprietary gas-to-liquids system, potential business developments and future interest in our clean fuel technologies.

Actualresults could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others,general economic and political conditions, the continuation of the JV withThe University of Texas at Arlington, and the ongoing impactof the pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to updatethe forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-lookingstatements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, therecan be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all theinformation set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for themost recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities andExchange Commission.

CONTACT:

Robert Kevin Jones

Greenway Technologies, Inc.

kevin.jones@gwtechinc.com

For more information, visit GWTI’s website: www.gwtechinc.com