secwatch.observer — SEC 8-K summary
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Issuer:     Freight Technologies, Inc. (FRGT)
CIK:        0001687542
Form:       8-K
Filed at:   2025-04-15T23:59:59+00:00
Accession:  0001641172-25-004647
Event type: regulatory
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Freight Technologies believes regained Nasdaq equity compliance after raising ~$8.2M
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- Company sold 1,540,832 Series A4 preferred shares for $2.97M net proceeds on Feb 3, 2025.
- On March 31, 2025, sold 2,311,248 Series A4 preferred shares for ~$5.2M paid via FET Tokens.
- Total proceeds bring stockholders' equity above the $2.5M minimum for Nasdaq listing.
- Company awaits formal Nasdaq confirmation; non-compliance in next periodic filing could trigger delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687542/000164117225004647/0001641172-25-004647-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687542/000164117225004647/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-004647

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer