Safe Harbor CEO Terry Mendez details PCCU debt modification, $6M cash freed, reverse split vote March 13

SHF Holdings, Inc.

CEO Terry Mendez outlines vision to transform Safe Harbor from banking services provider into multi-faceted FinTech.
Company surpassed $25 billion in processed cannabis-related funds through partner banks over 10 years.
Debt modification with PCCU: two-year interest-only period, unlocking over $6M in cash that would have gone to principal amortization.
Debt modification extends maturity to Oct 2030, maintains interest rate at 4.25%.
Special shareholder meeting on March 13, 2025 at 4:30 p.m. ET to vote on reverse stock split for Nasdaq compliance.

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