secwatch / observer
8-K filed October 31, 2022, 7:59 PM ET ticker SHFS CIK 0001854963
M&A confidence high sentiment positive materiality 0.75

Safe Harbor (SHFS) acquires Abaca for $30M in cash and stock

SHF Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

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 (payable $3,000,000 at Closing, $3,000,000 at one-year anniversary, (effective 2022-10-31).

Action
entry
Agreement
merger
Counterparty
Rockview Digital Solutions, Inc., d/b/a Abaca
Value
Cash consideration of $9,000,000 (payable $3,000,000 at Closing, $3,000,000 at one-year anniversary,
Effective
2022-10-31
Exact text from the filing
On October 31, 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 ”).
View on SEC.gov

281 material agreements filed in the last 30 days. Browse all material agreements →

SHF Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-22-030016
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