Safe Harbor regains Nasdaq compliance, eliminates $18.8M debt, raises $6.8M capital

SHF Holdings, Inc.

Regained compliance with Nasdaq Rule 5550(b)(1) requiring $2.5M shareholders' equity.
Completed recapitalization raising $6.8M new cash and eliminating $18.8M debt; now essentially debt-free.
Established a $150M equity line of credit (expandable to $500M) to fund cannabis lending and growth.
Stockholders approved increase in authorized common shares from 130M to 1B and authorized reverse stock split (2:1 to 12:1).
CEO Terry Mendez oversaw restructuring, cut $3M+ annualized costs, and restructured board and management.

Key facts

Extracted from this filing and checked against the source text.

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

SHF Holdings, Inc.: Increased authorized shares of common stock from 130,000,000 to 1,000,000,000 (effective 2025-11-06).

Change: charter amendment
Effective: 2025-11-06

Exact text from the filing

On November 6, 2025, at the Special Meeting (as defined below), the stockholders of SHF Holdings, Inc. (the “Company”) approved an amendment (the “Authorized Shares Amendment”) to the Company’s Certificate of Incorporation (as amended and/or restated to date, the “Certificate of Incorporation”) to increase the number of authorized shares of the Company’s common stock from 130,000,000 to 1,000,000,000 (the “Authorized Shares Amendment Proposal”).

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89 governance changes filed in the last 30 days. Browse all governance changes →

SHF Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-021369

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