SHF Holdings concludes Series B preferred conversion; 3,198 shares turned into 4.92M common; retention deals signed

SHF Holdings, Inc.

Series B Preferred conversion price reset to $1.5528 after temporary reduction period ended July 31, 2026.
Holders converted 3,198 Series B Preferred shares into 4,920,005 common shares; no warrants exercised.
Post-conversion: 12,332,955 common shares and 27,134 Series B Preferred shares outstanding.
Retention agreements with directors, CEO/CFO Mendez, CMO Kay, COO Regan include change-in-control bonuses and salary increases.
Douglas Beck's resignation as Principal Accounting Officer delayed until after Q2 2026 10-Q filing.

item 5.02 item 8.01 item 9.01

Executive movements

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Departed

Douglas Beck

Principal Accounting Officer and Senior Vice President of Finance, Controller

SHFS · SHF Holdings, Inc.

Filed: August 5, 2026, 5:30 PM ET

On July 31, 2026, Douglas Beck and the Company agreed to delay Mr. Beck’s previously disclosed resignation as the Company’s Principal Accounting Officer and Senior Vice President of Finance, Controller such that his resignation will be effective following the filing of the Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2026, which is expected to be filed on or before August 14, 2026.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Douglas Beck resigned as Principal Accounting Officer and Senior Vice President of Finance, Controller at SHF Holdings, Inc..

Action: resigned
Role: Principal Accounting Officer and Senior Vice President of Finance, Controller

Exact text from the filing

On July 31, 2026, Douglas Beck and the Company agreed to delay Mr. Beck’s previously disclosed resignation as the Company’s Principal Accounting Officer and Senior Vice President of Finance, Controller such that his resignation will be effective following the filing of the Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2026, which is expected to be filed on or before August 14, 2026.

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SHF Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-036225

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