{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-031002","form_type":"8-K","ticker":"SHFS","cik":"0001854963","company_name":"SHF Holdings, Inc.","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.775494+00:00","generated_at":"2026-06-22T04:35:23.842950+00:00","sec_items":["2.04"],"event_type":"litigation","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SHF Holdings receives default notice on $2.17M promissory note with EF Hutton","bullets":["On Nov 2, 2022, EF Hutton issued default notice for missed $362,625 installment due Oct 31 on $2,166,250 note.","Accelerated remaining principal of $1,450,500 plus default interest at 24% per annum demanded immediately.","EF Hutton threatened legal action if full payment not received by Nov 7, 2022.","Company is investigating remedies and intends to defend against any claims."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-031002","json":"https://secwatch.observer/filing/0001493152-22-031002.json","markdown":"https://secwatch.observer/filing/0001493152-22-031002.md","text":"https://secwatch.observer/filing/0001493152-22-031002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1854963/000149315222031002/0001493152-22-031002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1854963/000149315222031002/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T04:35:23.842950+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4b0058628b99ed4ade2c00a2aa0cb0669deabb8f","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”). Pursuant to the Note, the Company is indebted to EF Hutton in the amount of $2,166,250. The Note 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 14, 2022 and (ii) $362,625 on each","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1854963/000149315222031002/0001493152-22-031002-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Principal","value":"$2,166,250"},{"label":"Counterparty","value":"EF Hutton, a division of Benchmark Investments, LLC"},{"label":"Rate","value":"24% per annum"},{"label":"Maturity","value":"January 31, 2023"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}