---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-013142"
form_type: "8-K"
ticker: "SHFS"
cik: "0001854963"
company_name: "SHF Holdings, Inc."
filed_at: "2023-04-21T23:59:59+00:00"
generated_at: "2026-06-16T21:43:51.355872+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SHF Holdings appoints PCCU CEO Douglas Fagan to board; resolves $1.37M debt with Luminous Capital

## Summary
- Douglas Fagan, President and CEO of Partner Colorado Credit Union (largest shareholder), appointed as Class III director, replacing Joshua Mann.
- Total $1.37M debt to Luminous Capital resolved: initial $665,905 payment plus three installments of $250k/$250k/$200k through Jan 2024.
- As of April 20, 2023, Class A common shares outstanding: 41,121,551; Series A Preferred: 10,896 shares after conversion of 9,554 Series A shares.
- Investor presentation (Exhibit 99.2) furnished for use in fiscal 2023 presentations.

## SEC filing metadata
- accession: 0001493152-23-013142
- form_type: 8-K
- ticker: SHFS
- cik: 0001854963
- company_name: SHF Holdings, Inc.
- filed_at: 2023-04-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854963/000149315223013142/0001493152-23-013142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854963/000149315223013142/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-013142
- JSON: https://secwatch.observer/filing/0001493152-23-013142.json
- Plain text: https://secwatch.observer/filing/0001493152-23-013142.txt

## Key facts
- Executive change
  Douglas M. Fagan was appointed as Class III Director at SHF Holdings, Inc..
  - Action: appointed
  - Role: Class III Director
  source text: the Board of Directors (the “Board”) of SHF Holdings, Inc. (the “Company”) appointed Mr. Douglas M. Fagan to fill a vacancy on the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854963/000149315223013142/0001493152-23-013142-index.htm

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