---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-031438"
form_type: "8-K/A"
ticker: "SHFS"
cik: "0001854963"
company_name: "SHF Holdings, Inc."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T23:56:43.138737+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SHF Holdings corrects Abaca merger details; $30M cash-and-stock deal

## Summary
- Total consideration of $30M: $9M cash (three $3M installments) and $21M in SHFS common stock.
- Stock consideration: $8.4M at closing and $12.6M at one-year anniversary, priced by VWAP.
- Amendment fixes merger agreement date to Oct 29, 2022 and one-year stock payment to $12.6M.
- Merger structured as two-step reorganization; expected to close by Nov 30, 2022, extendable to Dec 31.

## SEC filing metadata
- accession: 0001493152-22-031438
- form_type: 8-K/A
- ticker: SHFS
- cik: 0001854963
- company_name: SHF Holdings, Inc.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854963/000149315222031438/0001493152-22-031438-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854963/000149315222031438/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-031438
- JSON: https://secwatch.observer/filing/0001493152-22-031438.json
- Plain text: https://secwatch.observer/filing/0001493152-22-031438.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: merger
  - Counterparty: Rockview Digital Solutions, Inc. d/b/a Abaca
  - Value: cash consideration of $9,000,000 paid in installments; $21,000,000 of common stock
  - Effective: 2022-10-29
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854963/000149315222031438/0001493152-22-031438-index.htm

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