Paul Freudenthaler
Effective February 14, 2025, Paul Freudenthaler and William Samuels submitted their resignations as directors to the board of directors (the "Board" or the "Board of Directors") of Freight Technologies, Inc. (the "Company").
Highest-materiality recent filing
Freight Technologies re-qualifies as foreign private issuer; will file 20-F and 6-K
Company determined it qualifies as foreign private issuer as of June 30, 2025.
Fr8Tech reports Q2 net profit of $0.65M on crypto gains; lowers FY 2025 revenue outlook to $13M-$16M
Net profit of $649K (21.7% net margin) for Q2 2025, driven by cryptocurrency treasury gains.
Freight Technologies issues $500k convertible preferred shares to Freight Opportunities LLC
Issued 12,540,000 Series B and 126,005 Series A4 preferred shares for $500,000 total.
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.
Freight Technologies regains Nasdaq equity compliance; reported $6.2M equity vs $2.5M minimum
Received Nasdaq deficiency notice in Jan 2025 for failing minimum $2.5M stockholders' equity requirement.
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.
Freight Technologies exchanges $1.5M of senior convertible notes for Series A4 preferred shares
Investor converts $1.5M of notes into 387,305 Series A4 preferred shares under $20M Facility.
Freight Technologies announces 1-for-4 reverse stock split effective May 27, 2025
Board approved 1-for-4 reverse split; outstanding shares reduced from 9,145,074 to 2,286,269.
Freight Technologies narrows Q1 loss to $1.6M; lowers FY2025 revenue guidance on tariff headwinds
Net loss improved to $1.6M from $2.3M YoY; gross margin rose to 12.4% from 5.4%.
Issued $1M second tranche convertible notes from $20M facility to buy Official Trump (TRUMP) tokens, increasing total purchases to $2M.
Freight Technologies closes $1M convertible note; $19M incremental warrants issued
Issued $1M in senior convertible notes (conversion price $3.00) and $19M in incremental warrants, netting $1M.
Freight Technologies secures $20M convertible note to buy Official Trump ($TRUMP) tokens
$20M convertible note facility with institutional investor; first tranche $1M with up to $19M additional drawdowns subject to conditions.
Freight Tech (FRGT) FY2024 net loss narrows to $5.6M; guides FY2025 rev $20-25M
Gross margin % rose 1.8 pts to 9.8% in FY2024; net loss narrowed $3.7M to -$5.6M.
Freight Technologies believes regained Nasdaq equity compliance after raising ~$8.2M
Company sold 1,540,832 Series A4 preferred shares for $2.97M net proceeds on Feb 3, 2025.
Freight Tech issues 2.3M preferred shares for $5.2M in FET Tokens from Fetch Compute
Issued 2,311,248 Series A4 preferred shares (par value $0.0001) for 11,300,000 FET Tokens valued at ~$5.2M.
Paul Freudenthaler and William Samuels resigned as directors on February 14, 2025, not due to any dispute.
Freight Technologies closes $3M private placement of convertible preferred shares
Gross proceeds $3.0M from 1,540,832 Series A4 preferred shares; net cash $2.9M.
Freight Technologies reduces shareholder meeting quorum from 50% to one-third
Shareholders approved quorum reduction at Dec 13, 2024 annual meeting; filed Jan 24, 2025.
Freight Technologies (FRGT) receives Nasdaq delisting notice; equity ($32,356) below $2.5M minimum
Nasdaq notified FRGT on Jan 13, 2025 that stockholders' equity of ($32,356) as of June 30, 2024 fails $2.5M minimum.
Freight Technologies switches auditor from Marcum to TAAD, effective January 2025
Marcum LLP dismissed as independent auditor; TAAD LLP appointed, effective Jan 6-7, 2025.
Freight Technologies H1 2024 results filed; exhibit truncated, no specific figures available
Press release and unaudited financial statements for six months ended June 30, 2024 furnished but not filed.
Freight Technologies holds Annual Meeting; all director nominees elected, auditor ratified
All five director nominees elected: Javier Selgas, Nicholas H. Adler, William Samuels, Marc Urbach, Paul Freudenthaler.
Freight Technologies adjourns 2024 AGM due to lack of quorum; reconvenes Dec 13
Annual Meeting held Dec 12, 2024 lacked quorum: only 892,791 shares (44.67%) of 2,005,074 outstanding shares were present.
Freight Technologies loses foreign private issuer status, will file as domestic US company
Determined as of Dec 4, 2024, no longer qualifies as a foreign private issuer under SEC rules.
Effective February 14, 2025, Paul Freudenthaler and William Samuels submitted their resignations as directors to the board of directors (the "Board" or the "Board of Directors") of Freight Technologies, Inc. (the "Company").
On February 14, 2025, the Board approved the appointment of Leilei Nie and Andres Gonzalez as the directors of the Company.
On February 14, 2025, the Board approved the appointment of Leilei Nie and Andres Gonzalez as the directors of the Company.
Effective February 14, 2025, Paul Freudenthaler and William Samuels submitted their resignations as directors to the board of directors (the "Board" or the "Board of Directors") of Freight Technologies, Inc. (the "Company").
Max materiality 0.80 · Median 0.57 · Most common event other_material