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SHF Holdings, Inc. (NASDAQ:SHFS) announced that on Tuesday it entered into an amendment to its previously disclosed Securities Purchase Agreement with certain investors. The amendment, effective as of September 30, 2025, modifies the initial exercisability date of warrants issued under the agreement. The company’s stock, currently trading at $3.78, has shown significant volatility with a 77% surge over the past six months, according to InvestingPro data.
According to a press release statement, each investor received an amended and restated warrant. The change shifts the initial exercisability date from six months and one day after the original issuance date to six months and one day after a newly defined applicable date. No other terms of the warrants were changed. InvestingPro analysis indicates the company’s financial health score is currently rated as WEAK, with short-term obligations exceeding liquid assets.
The amendment and the form of the amended and restated warrant were filed as exhibits to the company’s current report on Form 8-K with the Securities and Exchange Commission. SHF Holdings’ Class A Common Stock and redeemable warrants are listed on The Nasdaq Stock Market LLC under the symbols SHFS and SHFSW, respectively.
The company is incorporated in Delaware and is classified under finance services. This information is based on a statement issued in a recent SEC filing.
In other recent news, SHF Holdings, Inc. announced a significant capital raise and debt restructuring, totaling approximately $28.8 million. The company entered into agreements to issue Series B Convertible Preferred Stock and warrants, generating about $6.3 million in additional cash and net proceeds of $6.1 million. Furthermore, SHF Holdings secured a stock purchase agreement with CREO Investments LLC, allowing the sale of up to $150 million of its Class A common stock, with potential to increase the commitment up to $500 million upon mutual agreement. Additionally, SHF Holdings launched a Fully Managed Cannabis Banking Program, providing a comprehensive outsourcing solution for financial institutions in the cannabis sector. This program enables banks and credit unions to accept cannabis-related deposits without expanding their internal teams. In terms of management changes, Douglas Beck was appointed as Principal Accounting Officer, while the board size was reduced. These developments come amidst a backdrop of strategic financial maneuvers and operational enhancements for SHF Holdings.
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