secwatch.observer — SEC 8-K summary
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Issuer:     SHF Holdings, Inc. (SHFS)
CIK:        0001854963
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001493152-22-032298
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Safe Harbor Q3 revenue up 38.6% to $2.38M; agrees to acquire Abaca for $30M
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- Revenue $2.38M (+38.6% YoY); net income $1.06M vs $946K; adj. EBITDA $1.28M vs $947K.
- Loan originations for nine months 2022: $18.9M (424% of full-year 2021's $3.6M).
- Appointed James Dennedy as CFO; effective post-quarter.
- Agreed to acquire Abaca for $30M in cash and stock, adding 300+ accounts and $3.4B gross transactions.
- Cash & securities $7.27M; $24.4M loans in underwriting as of Nov 2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854963/000149315222032298/0001493152-22-032298-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854963/000149315222032298/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-032298

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer