---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-018909"
form_type: "8-K"
ticker: "SHFS"
cik: "0001854963"
company_name: "SHF Holdings, Inc."
filed_at: "2026-04-24T23:59:59+00:00"
generated_at: "2026-05-15T04:14:18.738145+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SHF Holdings gets Nasdaq deficiency letter; loses court ruling on merger dispute

## Summary
- Nasdaq notified SHF of non-compliance with $1.00 minimum bid price; 180-day cure period until October 19, 2026.
- Sundie Seefried resigned from board; Tyler Klimas and Sean Tonner appointed as Class III and Class II directors, board expanded to six.
- Court denied SHF's summary judgment in case regarding Merger Agreement amendment; granted counterclaim on breach for first anniversary payment; damages pending.
- Court denied both parties' summary judgment on $3.0M second anniversary payment; SHF may seek resolution but funding constrained by equity line and preferred stock.

## SEC filing metadata
- accession: 0001493152-26-018909
- form_type: 8-K
- ticker: SHFS
- cik: 0001854963
- company_name: SHF Holdings, Inc.
- filed_at: 2026-04-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01, 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854963/000149315226018909/0001493152-26-018909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854963/000149315226018909/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-018909
- JSON: https://secwatch.observer/filing/0001493152-26-018909.json
- Plain text: https://secwatch.observer/filing/0001493152-26-018909.txt

## Key facts
- Listing & Compliance Notices
  SHF Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: April 22, 2026, SHF Holdings, Inc. (the “Company”) received a letter from the listing qualifications department staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that for the last 30 consecutive business
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854963/000149315226018909/0001493152-26-018909-index.htm

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