---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-013874"
form_type: "8-K"
ticker: "SHFS"
cik: "0001854963"
company_name: "SHF Holdings, Inc."
filed_at: "2024-04-08T23:59:59+00:00"
generated_at: "2026-06-04T01:32:26.749224+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SHF Holdings receives Nasdaq deficiency notice for bid price below $1.00; extends CFO/CLO contracts

## Summary
- Received Nasdaq notice on April 5, 2024: common stock bid price below $1.00 for 30 consecutive business days.
- Has 180 calendar days (until Oct 2, 2024) to regain compliance with Nasdaq minimum bid price rule.
- Extended CFO James Dennedy's employment term to May 16, 2026; CLO Donald Emmi's to Aug 22, 2026.
- Amendments include April 2024 payout of accrued unused PTO and six-month supplemental severance upon release.

## SEC filing metadata
- accession: 0001493152-24-013874
- form_type: 8-K
- ticker: SHFS
- cik: 0001854963
- company_name: SHF Holdings, Inc.
- filed_at: 2024-04-08T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854963/000149315224013874/0001493152-24-013874-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854963/000149315224013874/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-013874
- JSON: https://secwatch.observer/filing/0001493152-24-013874.json
- Plain text: https://secwatch.observer/filing/0001493152-24-013874.txt

## Key facts
- Listing & Compliance Notices
  SHF Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: April 5, 2024, SHF Holdings, Inc. (the “Company”) received a letter from the listing qualifications department staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that for the last 30 consecutive business days, the Company did not maintain a minimum closing bid price of $1.00 per share for its common stock, as required by Nasdaq Marketplace Rule 5550(a)(2). The notice has no immediate effect on the listing of the Company’s common stock or warrants, and the Company’s common stock and warrants continue to trade on The Nasdaq Capital Market under the symbols “SHFS” and “SHFSW,” resp
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854963/000149315224013874/0001493152-24-013874-index.htm

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