Freight Tech issues 2.3M preferred shares for $5.2M in FET Tokens from Fetch Compute

Freight Technologies, Inc.

Issued 2,311,248 Series A4 preferred shares (par value $0.0001) for 11,300,000 FET Tokens valued at ~$5.2M.
FET Tokens power Fetch.ai decentralized AI platform; Fr8Tech plans crypto treasury and logistics use.
Agreement includes staking provisions and 20% of future equity proceeds to be used for additional token purchases.
Fr8Tech and Fetch Compute will negotiate a development partnership for blockchain and AI in logistics.
Press release highlights AI Tendering Bot launch and vision for real-time supply chain transparency.

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