SHF Holdings raises ~$28.8M via Series B Preferred and warrants; cancels ~$10.7M debt; regains Nasdaq equity compliance

SHF Holdings, Inc.

Issued 31,052 Series B Convertible Preferred shares and warrants for 1,999,544 common shares at $7.7644 exercise price; net cash proceeds ~$6.1M.
Cancelled ~$10.7M debt owed to Partner Colorado Credit Union in exchange for 13,436 Series B shares and warrants for 865,200 common shares.
Terminated Forward Purchase Agreement with Verdun, Vellar, Midtown by issuing Series B shares and warrants; no outstanding convertible debt post-closing.
Believes stockholders' equity now exceeds $2.5M, regaining compliance with Nasdaq Rule 5550(b)(1); awaits Nasdaq confirmation.
Management and board participated; issuance of common underlying Series B and warrants requires stockholder approval under Nasdaq Rule 5635(c).

item 1.01 item 5.03 item 3.01 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

SHF Holdings, Inc. issued 31,052 shares of Series B Convertible Preferred Stock of preferred stock to multiple investors (the Buyers) for aggregate purchase price of approximately $28.8 million, including cancellation of outstanding indebtedness, amounts owed, and transfer of assets; net proceeds.

Security: preferred stock
Shares: 31,052 shares of Series B Convertible Preferred Stock
Purchaser: multiple investors (the Buyers)
Consideration: aggregate purchase price of approximately $28.8 million, including cancellation of outstanding indebtedness, amounts owed, and transfer of assets; net proceeds

Exact text from the filing

$7.7644 per share, subject to adjustment as provided therein. The aggregate purchase price paid by the Buyers to the Company pursuant to the Purchase Agreement was approximately $28.8 million, resulting in approximately $6.3 million in additional cash to the Company. This purchase price includes certain Buyers that paid for the securities acquired pursuant to the

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

SHF Holdings, Inc.: Filed Certificate of Designation for Series B Convertible Preferred Stock (effective 2025-09-30).

Change: charter amendment
Effective: 2025-09-30

Exact text from the filing

On September 30, 2025, the Company filed a Certificate of Designation of Preferences, Rights and Limitations of the Series B Convertible Preferred Stock (the “Certificate of Designation”) with the Secretary of State of the State of Delaware in connection with the Purchase Agreement referenced in Item 1.01 above.

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32 equity issuances filed in the last 30 days. Browse all equity issuances →

SHF Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-016886

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