Freight Technologies, Inc. (FRGT): Nasdaq/NYSE listing notice — Freight Technologies (FRGT) receives Nasdaq delisting notice; equity ($32,356) below $2.5M minimum

Freight Technologies, Inc.

Nasdaq notified FRGT on Jan 13, 2025 that stockholders' equity of ($32,356) as of June 30, 2024 fails $2.5M minimum.
Company has 45 days to submit a plan to regain compliance; extension up to 180 days possible if plan accepted.
Company believes a plan can immediately remediate equity deficit and intends to submit quickly.
No immediate effect on trading; shares continue on Nasdaq under symbol FRGT.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Freight Technologies, Inc. received a nasdaq deficiency notice notice regarding stockholders equity.

Exchange: nasdaq
Notice: deficiency notice
Deficiency: stockholders equity

Exact text from the filing

January 13, 2024, Freight Technologies, Inc. (the “Company”) received a deficiency notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of the Nasdaq Capital Market (“Nasdaq”) notifying the Company that, since the Company’s Form 8-K filed January 10, 2025, disclosed stockholders’ equity of ($32,356), as of June 30, 2024, and as of now, the Company does not meet the alternatives of market value of listed securities or net income from continuing operations, the Company no longer complies with Nasdaq listing rules (the “Rules”) requiring companies listed on the Nasdaq Ca

View on SEC.gov

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Freight Technologies, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: stockholders equity
Rules: 5550(b)

Exact text from the filing

January 13, 2024, Freight Technologies, Inc. (the “Company”) received a deficiency notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of the Nasdaq Capital Market (“Nasdaq”) notifying the Comp

View on SEC.gov

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Freight Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-002753

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