other material
confidence high
sentiment neutral
materiality 0.45
Safe Harbor Financial sets 1-for-12 reverse stock split effective Sept 30, 2026
SHF Holdings, Inc.
- Board approved a 1-for-12 reverse split of SHF Holdings common stock; trading on Nasdaq begins split-adjusted Sept 30, 2026 under ticker SHFS with new CUSIP 824430 409.
- Every 12 issued and outstanding shares combine into one; no fractional shares issued, with holders rounded up to the nearest whole share.
- Split was previously authorized by stockholders at a special meeting held Nov 6, 2025; the Board retains discretion to delay or abandon the split.
- Safe Harbor describes itself as a cannabis-exclusive fintech platform that has helped process more than $35 billion in cannabis-related depository funds across 41 states and territories.
- Company is an emerging growth company and is d/b/a Safe Harbor Financial; CEO and CFO is Terrance E. Mendez, who signed the report.