secwatch.observer — SEC 8-K summary
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Issuer:     SHF Holdings, Inc. (SHFS)
CIK:        0001854963
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001493152-22-031002
Event type: litigation
Sentiment:  negative
Materiality: 0.70
Item codes: 2.04
LLM model:  deepseek-v4-flash:cloud@v2

SHF Holdings receives default notice on $2.17M promissory note with EF Hutton
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854963/000149315222031002/0001493152-22-031002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854963/000149315222031002/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-031002

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