Freight Technologies announces 1-for-4 reverse stock split effective May 27, 2025

Freight Technologies, Inc.

Board approved 1-for-4 reverse split; outstanding shares reduced from 9,145,074 to 2,286,269.
Ordinary shares will trade on a split-adjusted basis on Nasdaq under symbol FRGT starting May 27.
No fractional shares will be issued; shareholders with less than one-half fractional share cancelled.
New CUSIP number G51413147 assigned after reverse split.
Transfer agent Transhare Corporation will act as exchange agent for the split.

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