Freight Technologies issues $2M convertible notes, waives restrictions with Fetch Compute, ups trading limit to 4%

Freight Technologies, Inc.

Issued $2,000,000 aggregate face amount of senior secured convertible notes under $20M facility with TrumpCoin Ventures I LLC and TrumpCoin Ventures II LLC.
Waived Section 4.20 debt incurrence restriction and Section 4.15 token purchase requirement in prior SPA with Fetch Compute.
Fetch Compute agreed not to enforce Section 4.17 remedies for defaults related to the notes and their proceeds.
Amended Section 4.1(b) to increase daily trading limit of Conversion Shares from 2% to 4% of outstanding ordinary shares.
Amendment effective June 26, 2025; all other terms of prior SPA remain in effect.

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