secwatch.observer — SEC 8-K summary
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Issuer:     SHF Holdings, Inc. (SHFS)
CIK:        0001854963
Form:       8-K
Filed at:   2026-11-09T13:15:25+00:00
Accession:  0001493152-26-050636
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Safe Harbor Q3 revenue $1.95M, net loss $979K; going-concern doubt, Nasdaq extension to April 2027
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- Q3 revenue $1.95M (+6.5% YoY); loan program income $869K (+70.2%) as PCCU revenue share rose from ~35% to up to 65%, effective Oct 1, 2025.
- Net loss $979K ($0.95/share) vs year-ago net income $180K, which included a $3.34M debt-extinguishment gain; operating loss narrowed 17.7% to $1.0M.
- Going concern: cash $4.4M vs $6.78M at Dec 31, 2025; $4.05M operating cash burn in 9M 2026; no secured debt; equity line frozen while Opifex term sheet is in effect.
- Oct 23, 2026 nonbinding term sheet with Opifex Media; Opifex holders would own ~85% of the combined company, existing SHF holders ~15% (range 12.5%-17.5%).
- Nasdaq granted an additional 180 days, through April 19, 2027, to regain $1 bid compliance; 1-for-12 reverse split effective Sept 30, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854963/000149315226050636/0001493152-26-050636-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854963/000149315226050636/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-050636

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