Freight Technologies amends charter to fix Series A4 conversion floor, aiding Nasdaq equity compliance

Freight Technologies, Inc.

Company filed amended articles to remove semi-annual floor price reset on Series A4 preferred shares, fixing a conflict with Nasdaq's $2.5M equity minimum.
As of March 31, 2025, shareholders' equity was $6.16M, but the prior conversion floor reset risked non-compliance.
Conversion price floor now fixed at 20% of the closing price on the day preceding issuance of each preferred share.
The amendment is effective immediately upon filing on June 27, 2025.

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