secwatch.observer — SEC 8-K summary
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Issuer:     SHF Holdings, Inc. (SHFS)
CIK:        0001854963
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001493152-23-009734
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SHF Holdings reports preliminary FY2022 revenue up 34% to $9.4M, net loss $35.1M; settles $64.7M debt
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- Revenue $9.4M (+34% YoY); active accounts 1,040 (+82% vs 572 in 2021).
- Net loss $35.1M vs net income $3.2M in 2021, driven by loss on financial instruments from business combination.
- Q4 net loss $37.0M vs income $718K; operating expense $7.4M vs $1.0M.
- Agreement to settle $64.7M payable to Partner Colorado Credit Union with $14.5M note and 11.2M shares.
- Originated $15.8M in loans in 2022 vs $4.3M in 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854963/000149315223009734/0001493152-23-009734-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854963/000149315223009734/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-009734

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