---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-030111"
form_type: "8-K"
ticker: "SHFS"
cik: "0001854963"
company_name: "SHF Holdings, Inc."
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T19:22:38.493556+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SHF Holdings enters forbearance with PCCU, deferring $56.9M payment obligations for six months

## Summary
- Forbearance Agreement with Partner Colorado Credit Union defers all payments under Unit Purchase Agreement for six months while parties renegotiate terms.
- Original payment schedule: $21.9M due Dec 15, 2022 plus $35.0M in six quarterly installments of $6.4M.
- Luminous Capital escrowed 1.2M shares of SHF common stock as security for deferred cash consideration.
- CEO Sundie Seefried says deferral provides flexibility to execute growth strategy.
- PCCU CEO Doug Fagan cites 'stagnant market' pressuring capital raising as rationale for support.

## SEC filing metadata
- accession: 0001493152-22-030111
- form_type: 8-K
- ticker: SHFS
- cik: 0001854963
- company_name: SHF Holdings, Inc.
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854963/000149315222030111/0001493152-22-030111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854963/000149315222030111/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-030111
- JSON: https://secwatch.observer/filing/0001493152-22-030111.json
- Plain text: https://secwatch.observer/filing/0001493152-22-030111.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Counterparty: Partner Colorado Credit Union
  - Value: Deferral of approximately $56.9 million in cash proceeds payment obligation for six months, includin
  - Effective: 2022-10-26
  source text: 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. (“Luminous”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854963/000149315222030111/0001493152-22-030111-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.