---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-041495"
form_type: "8-K"
ticker: "SHFS"
cik: "0001854963"
company_name: "SHF Holdings, Inc."
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:49:46.313347+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SHF Holdings places CCO on leave, files lawsuit over $3M payment

## Summary
- CCO Daniel Roda placed on paid administrative leave Oct 14, 2024 pending internal review.
- CEO Sundie Seefried assumes Roda's responsibilities effective Oct 15; Roda's compensation unchanged.
- Company filed declaratory judgment complaint Oct 17 in Denver court (Case No. 2024CV33187).
- Lawsuit seeks resolution of $3,000,000 payment due Oct 5, 2024 under Abaca merger agreement.
- Prior payments of $3M in 2022 and 2023 were made; current payment is disputed.

## SEC filing metadata
- accession: 0001493152-24-041495
- form_type: 8-K
- ticker: SHFS
- cik: 0001854963
- company_name: SHF Holdings, Inc.
- filed_at: 2024-10-18T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.04, 8.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854963/000149315224041495/0001493152-24-041495-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854963/000149315224041495/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-041495
- JSON: https://secwatch.observer/filing/0001493152-24-041495.json
- Plain text: https://secwatch.observer/filing/0001493152-24-041495.txt

## Key facts
- Executive change
  Daniel Roda departed as Chief Credit Officer at SHF Holdings, Inc..
  - Action: placed on paid administrative leave
  - Role: Chief Credit Officer
  source text: On October 14, 2024, the independent directors of board of directors of SHF Holdings, Inc. (the “Company”) approved a paid administrative leave of absence for Daniel Roda in his position as Chief Credit Officer of the Company pending an internal review to be conducted by an independent committee of the board of directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854963/000149315224041495/0001493152-24-041495-index.htm

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