secwatch.observer — SEC 8-K summary
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Issuer:     SHF Holdings, Inc. (SHFS)
CIK:        0001854963
Form:       8-K
Filed at:   2024-04-08T23:59:59+00:00
Accession:  0001493152-24-013874
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854963/000149315224013874/0001493152-24-013874-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854963/000149315224013874/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-013874

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