---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-021369"
form_type: "8-K"
ticker: "SHFS"
cik: "0001854963"
company_name: "SHF Holdings, Inc."
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:37:05.203213+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-25-021369
- form_type: 8-K
- ticker: SHFS
- cik: 0001854963
- company_name: SHF Holdings, Inc.
- filed_at: 2025-11-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.03, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854963/000149315225021369/0001493152-25-021369-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854963/000149315225021369/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-021369
- JSON: https://secwatch.observer/filing/0001493152-25-021369.json
- Plain text: https://secwatch.observer/filing/0001493152-25-021369.txt

## Key facts
- Governance Changes
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854963/000149315225021369/0001493152-25-021369-index.htm

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