Freight Technologies closes $1M convertible note; $19M incremental warrants issued

Freight Technologies, Inc.

Issued $1M in senior convertible notes (conversion price $3.00) and $19M in incremental warrants, netting $1M.
Notes mature May 2, 2027; incremental warrants exercisable at $500K to fund additional notes, expire in 3 years.
Entered security agreement granting lien on assets, including TRUMP coin purchased with note proceeds.
No ordinary shares sold under ATM since September 2024; company states no plans for further ATM sales.
Securities sold to accredited investors via Rule 506(b) exemption; no registration under Securities Act.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.