{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-11T08:12:50.425641+00:00","company":{"ticker":"SHFS","cik":1854963,"company_name":"SHF Holdings, Inc."},"pagination":{"limit":100,"returned":66,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). 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(the “Company”) received notice from the Nasdaq Listing Qualifications Department\n(the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) advising that the Staff determined the Company is eligible\nfor an additional 180 calendar day period, or until March 11, 2024, to regain compliance with its minimum bid price requirement rule\nunder Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) pursuant to the Nasdaq Listing Rule 5810(c)(3)(A). The\nnotification has no immediate effect on the listing of the Company’s common stock, and its common stock will continu","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-23-033071","anchor_url":"https://secwatch.observer/filing/0001493152-23-033071#claim-682bf64d99c11e8f5eb84a21876a5fda90155b30","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315223033071/0001493152-23-033071-index.htm"},{"fact_type":"earnings_release","fact_key":"4ecb7aa7c817718ed084b155a03c507c016378ff","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2023-08-14T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the quarter ended June 30, 2023","report_date":"2023-08-14","result_type":"reported_results","revenue_text":"$4.6 million"},"claim":"SHF Holdings, Inc. reported the quarter ended June 30, 2023 results: revenue $4.6 million.","evidence_excerpt":". Cautionary\nStatement Regarding\n\n--- EX-99.2 () ---\n\nEX-99.2 3 ex99-2.htm Exhibit\n99.2 Safe\nHarbor Financial Announces Second Quarter 2023 Results Revenue\nof $4.6 million Second\nconsecutive quarter of more than $1.1 billion in processed deposits; monthly average Balances on Deposit increased 60% versus the same\nperiod last year Closed\nover $15","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-23-028450","anchor_url":"https://secwatch.observer/filing/0001493152-23-028450#claim-4ecb7aa7c817718ed084b155a03c507c016378ff","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315223028450/0001493152-23-028450-index.htm"},{"fact_type":"material_agreement","fact_key":"4576f9b2f768e4c03a5729e1c3794062de0e0e2c","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2023-07-21T23:59:59+00:00","payload":{"action":"termination","agreement_name":"Master Services and Revenue Sharing Agreement","agreement_type":"other","counterparty":"Central Bank","effective_date":"2023-10-01","item_codes_triggered":["1.02"],"value_text":null},"claim":"SHF Holdings, Inc. terminated Master Services and Revenue Sharing Agreement with Central Bank (effective 2023-10-01).","evidence_excerpt":"On July 20, 2023, SHF Holdings, Inc. (the “Company”) agreed to terminate the Master Services and Revenue Sharing Agreement with Central Bank. Under the agreement, Company provided expertise and intellectual property that allowed Company and Central Bank to jointly serve the deposit banking needs of cannabis related businesses primarily located in Arkansas. The agreement was originally executed by Rockview Digital Solutions, LLC, which was acquired by the Company in October 2022. The parties have agreed that termination will be effective as of October 1, 2023, allowing for an orderly transition that will have minimal impact on customer operations.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-23-025246","anchor_url":"https://secwatch.observer/filing/0001493152-23-025246#claim-4576f9b2f768e4c03a5729e1c3794062de0e0e2c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315223025246/0001493152-23-025246-index.htm"},{"fact_type":"shareholder_vote","fact_key":"1cfa64dbf22f24c979e074444c65fa040de13aae","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2023-05-19T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-18","outcome":"passed","proposal_text":"Ratification of Auditors — The appointment of Marcum LLP as the Company’s independent auditors for the 2023 fiscal year","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"13,561","votes_against":"3,117","votes_for":"17,127,002","votes_withheld":null}]},"claim":"SHF Holdings, Inc. shareholders approved Ratification of Auditors — The appointment of Marcum LLP as the Company’s independent auditors for the 2023 fiscal year at the 2023-05-18 meeting.","evidence_excerpt":"Proposal 2 — Ratification of Auditors — The appointment of Marcum LLP as the Company’s independent auditors for the 2023 fiscal year.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-23-018360","anchor_url":"https://secwatch.observer/filing/0001493152-23-018360#claim-1cfa64dbf22f24c979e074444c65fa040de13aae","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315223018360/0001493152-23-018360-index.htm"},{"fact_type":"shareholder_vote","fact_key":"7ebc2cd805450033e063c01324df4305a120cee4","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2023-05-19T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-18","outcome":"passed","proposal_text":"Election of Class II Directors","proposal_type":"director_election","results":[{"broker_non_votes":null,"subject":"Jonathon F. 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Mr. Mann’s resignation was not due to any disagreement with the Company, its Board of Directors, or management on any matter related to the Company’s operations, policies, or practices.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001493152-23-011244","anchor_url":"https://secwatch.observer/filing/0001493152-23-011244#claim-b9445a3fe8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315223011244/0001493152-23-011244-index.htm"},{"fact_type":"material_agreement","fact_key":"f2e7a29b297b12f698492414de6cb42ed02d91d6","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2023-03-30T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Commercial Alliance Agreement","agreement_type":"other","counterparty":"Partner Colorado Credit Union","effective_date":"2023-03-29","item_codes_triggered":["1.01"],"value_text":null},"claim":"SHF Holdings, Inc. entered into Commercial Alliance Agreement with Partner Colorado Credit 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Safe\nHarbor Financial Announces Preliminary Fourth Quarter and Full Year 2022 Financial Results -\nFull year revenue increased 34% to $9.4 million, number of active accounts increased 82% to 1040 compared to 2021 - -\nRecent agreement to resolve $64.7 million in payment obligations significantly strengthens balance sheet,","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-23-009734","anchor_url":"https://secwatch.observer/filing/0001493152-23-009734#claim-ba7869e015885099270b14539881544589874e03","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315223009734/0001493152-23-009734-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"a53e0d21fb9249578182c50ea89fd0fee1c82cf7","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, 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The\nnotice has no immediate effect on the listing of the Company’s common stock or warrants, and the Company’s common stock and\nwarrants continue to trade on The Nasdaq Global Market under the symbols “SHFS” and “SHFSW,” respectivel","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001493152-23-008134","anchor_url":"https://secwatch.observer/filing/0001493152-23-008134#claim-a53e0d21fb9249578182c50ea89fd0fee1c82cf7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315223008134/0001493152-23-008134-index.htm"},{"fact_type":"debt_financing","fact_key":"3cf0ddd3432eeaf4e7fc4c07e0f51c9615bdefc1","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2023-03-14T23:59:59+00:00","payload":{"counterparty":"EF Hutton, division of Benchmark Investments, LLC","effective_date":"2023-03-10","event":"default","instrument_type":"loan","interest_rate_text":null,"item_codes_triggered":["2.04"],"maturity_text":null,"principal_text":"$2,166,250"},"claim":"SHF Holdings, Inc. reported a default on loan of $2,166,250 with EF Hutton, division of Benchmark Investments, LLC.","evidence_excerpt":"As previously disclosed in a Current Report on Form 8-K filed with the SEC by SHF Holdings, Inc. (“SHF” or the “Company”) on November 8, 2022, EF Hutton, division of Benchmark Investments, LLC (“EF Hutton”), notified the Company on November 2, 2022 that it was in default on a promissory note in the total amount of $2,166,250 executed on September 28, 2022 (the “Note”). On March 10, 2023, SHF and EF Hutton agreed to fully resolve the balance due, as well as all obligations set forth in the Note, for the total sum of $550,000 (the “Resolution Payment”). SHF made the Resolution Payment on March 10, 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-23-007532","anchor_url":"https://secwatch.observer/filing/0001493152-23-007532#claim-3cf0ddd3432eeaf4e7fc4c07e0f51c9615bdefc1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315223007532/0001493152-23-007532-index.htm"},{"fact_type":"auditor_change","fact_key":"7ad4eadc9d60cc8c75f93486da1fc439ba145619","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2022-12-23T23:59:59+00:00","payload":{"action":"engagement","auditor_name":"Marcum LLP","disagreement_text":null,"effective_date":"2022-12-23","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"SHF Holdings, Inc. engaged Marcum LLP as its auditor.","evidence_excerpt":"approved the engagement of Marcum LLP (\"Marcum\") as the Company's independent registered public accounting firm, effective December 23, 2022, to audit the Company's consolidated financial statements for the year ending December 31, 2022.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-22-036504","anchor_url":"https://secwatch.observer/filing/0001493152-22-036504#claim-7ad4eadc9d60cc8c75f93486da1fc439ba145619","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315222036504/0001493152-22-036504-index.htm"},{"fact_type":"auditor_change","fact_key":"2de93965b82ae545ee9f583123ee699193f7f563","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2022-12-23T23:59:59+00:00","payload":{"action":"dismissal","auditor_name":"Elliott Davis, PLLC","disagreement_text":null,"effective_date":"2022-12-23","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":"Marcum LLP"},"claim":"SHF Holdings, Inc. dismissed Elliott Davis, PLLC as its auditor.","evidence_excerpt":"dismissed Elliott Davis, PLLC (\"Elliot Davis\") as the Company's independent registered public accounting firm, effective as of December 23, 2022.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-22-036504","anchor_url":"https://secwatch.observer/filing/0001493152-22-036504#claim-2de93965b82ae545ee9f583123ee699193f7f563","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315222036504/0001493152-22-036504-index.htm"},{"fact_type":"ma_transaction","fact_key":"733521531f4bfaaebfa34edac630beb70c08de56","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2022-11-16T23:59:59+00:00","payload":{"action":"acquisition","closing_date":"2022-11-15","consideration_text":"$30,000,000 of cash and Parent Common Stock","counterparty":"Rockview Digital Solutions, Inc. d/b/a Abaca","effective_date":"2022-11-15","item_codes_triggered":["2.01"]},"claim":"SHF Holdings, Inc. completed an acquisition involving Rockview Digital Solutions, Inc. d/b/a Abaca for $30,000,000 of cash and Parent Common Stock (closed 2022-11-15).","evidence_excerpt":"II was renamed Rockview Digital Solutions, Inc., a d/b/a Abaca. Pursuant\nto the Merger Agreement, the consideration for the transaction provides the Company shareholders with $30,000,000 of cash and Parent\nCommon Stock. The stock consideration consists of 2,100,000 shares of Parent Common Stock at the Closing Date and $12,600,000 (minus\nthe note balance of","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001493152-22-032662","anchor_url":"https://secwatch.observer/filing/0001493152-22-032662#claim-733521531f4bfaaebfa34edac630beb70c08de56","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315222032662/0001493152-22-032662-index.htm"},{"fact_type":"material_agreement","fact_key":"537222426fbd624b0db5bc9e06d24093a263aba0","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2022-11-16T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Amendment to the Merger Agreement and Plan of Merger","agreement_type":"merger","counterparty":"Rockview Digital Solutions, Inc., d/b/a Abaca, and Dan Roda as representative","effective_date":"2022-11-11","item_codes_triggered":["1.01"],"value_text":null},"claim":"SHF Holdings, Inc. amended Amendment to the Merger Agreement and Plan of Merger with Rockview Digital Solutions, Inc., d/b/a Abaca, and Dan Roda as representative (effective 2022-11-11).","evidence_excerpt":"On November 11, 2022, SHF Holdings, Inc. (the “Parent”) entered into an Amendment to the Merger Agreement and Plan of Merger (the “Amendment”) to that certain Agreement and Plan of Merger, dated as of October 29, 2022, by and among the Parent, SHF Merger Sub I, a Delaware corporation and a direct wholly-owned subsidiary of Parent (“Merger Sub I”), SHF Merger Sub II, LLC, a Delaware limited liability company and a direct wholly-owned subsidiary of Parent (“Merger Sub II” and, together with Merger Sub I, the “Merger Subs”), Rockview Digital Solutions, Inc., a Delaware corporation, d/b/a Abaca (the “Company”) and Dan Roda, solely in such individual’s capacity as the representative of the Company Security Holders (the “Company Stockholders’ Representative”) (the “Original Agreement” and collectively with the Amendment, the “Merger Agreement”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-22-032662","anchor_url":"https://secwatch.observer/filing/0001493152-22-032662#claim-537222426fbd624b0db5bc9e06d24093a263aba0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315222032662/0001493152-22-032662-index.htm"},{"fact_type":"auditor_change","fact_key":"e2405b639fd2ba3a72ba9a6376bf0b4662a3e868","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2022-11-15T23:59:59+00:00","payload":{"action":"engagement","auditor_name":"Elliott Davis, PLLC","disagreement_text":null,"effective_date":"2022-11-14","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"SHF Holdings, Inc. engaged Elliott Davis, PLLC as its auditor.","evidence_excerpt":"On November 8, 2022, the Audit Committee approved the engagement of Elliott Davis, PLLC (“Elliot Davis”) as the Company’s independent registered public accounting firm, effective November 14, 2022, to audit the Company’s consolidated financial statements for the year ending December 31, 2022.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-22-032546","anchor_url":"https://secwatch.observer/filing/0001493152-22-032546#claim-e2405b639fd2ba3a72ba9a6376bf0b4662a3e868","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315222032546/0001493152-22-032546-index.htm"},{"fact_type":"auditor_change","fact_key":"6cdcd026fcb58901f7cd5676995843035474cf5c","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2022-11-15T23:59:59+00:00","payload":{"action":"dismissal","auditor_name":"Marcum LLP","disagreement_text":null,"effective_date":"2022-11-14","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":"Elliott Davis, PLLC"},"claim":"SHF Holdings, Inc. dismissed Marcum LLP as its auditor.","evidence_excerpt":"On November 8, 2022, the Audit Committee of the board of directors (the “Audit Committee”) of SHF Holdings, Inc. (the “Company”), dismissed Marcum LLP (“Marcum”) as the Company’s independent registered public accounting firm, effective as of November 14, 2022, following the filing of the Company’s Form 10-Q for the quarter ended September 30, 2022.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-22-032546","anchor_url":"https://secwatch.observer/filing/0001493152-22-032546#claim-6cdcd026fcb58901f7cd5676995843035474cf5c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315222032546/0001493152-22-032546-index.htm"},{"fact_type":"earnings_release","fact_key":"56294f462c32eca34d9d3d70631b60edd0606391","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2022-11-14T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$1,056,235","period_text":"Three Months Ended September 30, 2022","report_date":"2022-11-14","result_type":"reported_results","revenue_text":"$2,379,314"},"claim":"SHF Holdings, Inc. reported Three Months Ended September 30, 2022 results: revenue $2,379,314, net income $1,056,235.","evidence_excerpt":"For the quarter ended September 30, 2022, total revenue increased 38.6% to $2.37 million, compared to $1.72 million in the same period last year. This increase was the result of increased investment income related to higher interest rates and increased loan interest income. For the third quarter of 2022, the Company sourced six new loans. For the nine months ended September 30, 2022, total revenue increased 11.4% to $5.90 million, compared to $5.30 million in the same period in 2021. For the quarter ended September 30, 2022, net income was $1.06 million, compared to $946 thousand in the same three month period ended September 30, 2021.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001493152-22-032298","anchor_url":"https://secwatch.observer/filing/0001493152-22-032298#claim-56294f462c32eca34d9d3d70631b60edd0606391","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315222032298/0001493152-22-032298-index.htm"},{"fact_type":"material_agreement","fact_key":"493acacd880041e76d40eb0c1b2972262b82e84a","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2022-11-10T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Agreement and Plan of Merger","agreement_type":"merger","counterparty":"Rockview Digital Solutions, Inc. d/b/a Abaca","effective_date":"2022-10-29","item_codes_triggered":["1.01"],"value_text":"cash consideration of $9,000,000 paid in installments; $21,000,000 of common stock"},"claim":"SHF Holdings, Inc. entered into Agreement and Plan of Merger with Rockview Digital Solutions, Inc. d/b/a Abaca valued at cash consideration of $9,000,000 paid in installments; $21,000,000 of common stock (effective 2022-10-29).","evidence_excerpt":"On October 29, 2022, SHF Holdings, Inc., a Delaware corporation (the “ Parent ” or “ SHF ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) by and among the Parent, SHF Merger Sub I, a Delaware corporation and a direct wholly-owned subsidiary of Parent (“ Merger Sub I ”), SHF Merger Sub II, LLC, a Delaware limited liability company and a direct wholly-owned subsidiary of Parent (“ Merger Sub II ” and, together with Merger Sub I, the “ Merger Subs ”), Rockview Digital Solutions, Inc., a Delaware corporation, d/b/a Abaca (the “ Company ”) and Dan Roda, solely in such individual’s capacity as the representative of the Company Security Holders (the “ Company Stockholders’ Representative ”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001493152-22-031438","anchor_url":"https://secwatch.observer/filing/0001493152-22-031438#claim-493acacd880041e76d40eb0c1b2972262b82e84a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315222031438/0001493152-22-031438-index.htm"},{"fact_type":"debt_financing","fact_key":"4b0058628b99ed4ade2c00a2aa0cb0669deabb8f","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2022-11-08T23:59:59+00:00","payload":{"counterparty":"EF Hutton, a division of Benchmark Investments, LLC","effective_date":"2022-11-02","event":"default","instrument_type":"unknown","interest_rate_text":"24% per annum","item_codes_triggered":["2.04"],"maturity_text":"January 31, 2023","principal_text":"$2,166,250"},"claim":"SHF Holdings, Inc. reported a default on debt of $2,166,250 with EF Hutton, a division of Benchmark Investments, LLC at 24% per annum maturing January 31, 2023.","evidence_excerpt":"promissory note (the “Note”) with EF Hutton, a division of Benchmark Investments, LLC (“EF Hutton”).\nPursuant to the Note, the Company is indebted to EF Hutton in the amount of $2,166,250. The\nNote provides that SHF was obligated to pay EF Hutton the principal sum of $2,166,250 on the following schedule: (i) $715,750 on October\n14, 2022 and (ii) $362,625 on each","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-22-031002","anchor_url":"https://secwatch.observer/filing/0001493152-22-031002#claim-4b0058628b99ed4ade2c00a2aa0cb0669deabb8f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315222031002/0001493152-22-031002-index.htm"},{"fact_type":"material_agreement","fact_key":"06869eb0281c9bff2ac48976f41ffc00380e9206","cik":1854963,"ticker":"SHFS","company_name":"SHF Holdings, Inc.","filed_at":"2022-11-01T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Forbearance Agreement","agreement_type":"other","counterparty":"Partner Colorado Credit Union","effective_date":"2022-10-26","item_codes_triggered":["1.01"],"value_text":"Deferral of approximately $56.9 million in cash proceeds payment obligation for six months, includin"},"claim":"SHF Holdings, Inc. entered into Forbearance Agreement with Partner Colorado Credit Union valued at Deferral of approximately $56.9 million in cash proceeds payment obligation for six months, includin (effective 2022-10-26).","evidence_excerpt":"On October 26, 2022, SHF Holdings, Inc., a Delaware corporation (the “ Parent ” or “ SHF ”), entered into a Forbearance Agreement (the “Forbearance Agreement”) with Partner Colorado Credit Union (“PCCU”), a Colorado credit union, and Luminous Capital USA Inc. 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