Earnings summaries and quarterly performance for Freight Technologies.
Research analysts covering Freight Technologies.
Recent press releases and 8-K filings for FRGT.
Freight Technologies, Inc. Amends Articles of Association and Establishes Series C Preferred Shares
FRGT
Convertible Preferred Issuance
Proxy Vote Outcomes
- Freight Technologies, Inc. shareholders approved an amendment to the company's memorandum and articles of association on December 18, 2025, providing for the mandatory conversions of preferred shares.
- On December 30, 2025, the Board of Directors approved and filed a further amendment, establishing a new series of 12,000,000 Series C preferred shares.
- These Series C Preferred Shares have a par value of $0.0001 per share and a stated value of $1.00 per share, and are immediately convertible into ordinary shares based on a conversion price that considers a fixed price (e.g., $3.012 for certain issuances) and a floor price (e.g., $0.279 for certain issuances).
Jan 8, 2026, 2:00 PM
Freight Technologies, Inc. to Acquire JAK Solar Loans 1 Limited
FRGT
M&A
Convertible Preferred Issuance
New Projects/Investments
- On December 9, 2025, Freight Technologies, Inc. (FRGT) entered into a share purchase agreement to acquire JAK Solar Loans 1 Limited from DIP SPV I, L.P.
- The acquisition consideration involves the issuance of a new series of Series C-1 preferred shares with an aggregate stated value of $5,500,000 to the Seller.
- These preferred shares, with a stated value of $1.00 per share, must be created and issued by December 31, 2025, or the Company must pay $5,500,000 in cash to the Seller by the same date.
- Holders of the Series C-1 preferred shares will not have the right to convert if it results in beneficial ownership exceeding 9.99% of the outstanding ordinary shares.
Dec 12, 2025, 9:30 PM
Freight Technologies Announces Third Quarter 2025 Results and Updates 2025 Outlook
FRGT
Earnings
Guidance Update
New Projects/Investments
- Freight Technologies, Inc. reported an improved operating loss for Q3 2025, decreasing by $0.4 million year-over-year from ($1.7) million in Q3 2024 to ($1.3) million in Q3 2025.
- For the nine months ended September 30, 2025, the company's operating loss improved by $1.2 million, from ($5.5) million in 2024 to ($4.3) million in 2025. During this period, the company also strengthened its equity position, increased cash balances, and lowered interest expense.
- The company updated its full-year 2025 outlook, now expecting revenue of $12 million to $14 million and an operating loss between $5.5 million and $6.5 million.
- Fr8Tech continued its transition towards a software- and AI-driven logistics model, with the AI Lab developing autonomous voice-agent capabilities for the Zayren platform and expanding Fleet Rocket functionality.
Dec 11, 2025, 2:24 PM
Freight Technologies Announces 1-for-5 Reverse Stock Split
FRGT
Delisting/Listing Issues
- Freight Technologies, Inc. (FRGT) announced a 1-for-5 reverse stock split of its ordinary shares, with trading on a split-adjusted basis commencing on December 15, 2025.
- The reverse split will reduce the number of outstanding ordinary shares from 7,821,228 to 1,564,246.
- The company's primary objective for the reverse split is to increase the per share trading price to satisfy the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market.
Dec 11, 2025, 2:00 PM
Freight Technologies, Inc. Reports Q3 2025 Results and Going Concern Doubt
FRGT
Earnings
Debt Issuance
Profit Warning
- Freight Technologies, Inc. reported a net loss of $(4,220,237) for the nine months ended September 30, 2025, with revenue decreasing 4.7% year-over-year to $9,546,741.
- Total assets significantly increased to $12,201,412 as of September 30, 2025, largely driven by $6,041,179 in cryptocurrency holdings.
- The company's shareholders' equity improved to $6,284,099 as of September 30, 2025, from a deficit at year-end 2024, supported by $4,745,536 in net cash provided by financing activities.
- Management has identified substantial doubt about the company's ability to continue as a going concern due to its liquidity condition.
Dec 9, 2025, 2:14 PM
Freight Technologies announces strategic agreement to advance AI initiative and issues convertible notes
FRGT
New Projects/Investments
Debt Issuance
- Freight Technologies, Inc. (Fr8Tech) entered into a multi-year service agreement with Fetch Compute, Inc. (Fetch AI) to access their ASI-1 large language models (LLM) platform and developer tool suite.
- This agreement supports Fr8Tech's continued expansion of AI-driven automation across the U.S.–Mexico cross-border and domestic OTR freight ecosystem, aiming to accelerate the development of logistics-specialized AI systems for tasks like freight procurement and real-time communication.
- Concurrently, Fr8Tech issued and sold senior convertible promissory notes with an aggregate original principal amount of $1,000,000 for an aggregate purchase price of $900,000.
- Additionally, Fr8Tech and Fetch Compute, Inc. entered into a transfer and cancellation agreement to terminate a prior agreement and cancel Series A4 preferred shares, and a pre-paid services agreement where Fetch will provide AI services in exchange for equity-based consideration, including a pre-funded warrant.
Nov 20, 2025, 2:26 PM
Freight Technologies, Inc. to Vote on Significant Share Issuance and Preferred Share Conversions
FRGT
Convertible Preferred Issuance
Delisting/Listing Issues
Proxy Vote Outcomes
- Freight Technologies, Inc. (FRGT) is seeking shareholder approval for several key proposals at its 2025 Annual Meeting, including the election of directors, ratification of TAAD LLP as the independent registered public accounting firm, and an advisory vote on executive compensation. The record date for voting was November 4, 2025, and proxy cards must be received by December 17, 2025.
- A critical proposal is the approval of a 20% Securities Issuance related to private placements, which could lead to the issuance of up to 21,601,679 Ordinary Shares, representing approximately 81.3% of outstanding Ordinary Shares and voting power, significantly diluting current shareholders to an aggregate of 18.7%.
- These private placements, which include the issuance of Series A4 and Series B Preferred Shares, senior convertible notes, and an equity purchase facility for up to $1.0 billion in ordinary shares, were crucial for FRGT to regain compliance with Nasdaq's Minimum Stockholders' Equity Requirement.
- The Board unanimously recommends a "FOR" vote on all proposals, including the 20% Securities Issuance and the ratification of an amendment to allow for mandatory conversions of preferred shares.
Nov 12, 2025, 11:15 AM
Freight Technologies, Inc. Updates Corporate Governance and Share Capital Structure
FRGT
Convertible Preferred Issuance
- Freight Technologies, Inc.'s Memorandum and Articles of Association were most recently amended and restated on October 28, 2025.
- The company is authorized to issue an unlimited number of Ordinary Shares and various preferred shares, including an unlimited number of Series A preferred shares, a maximum of 21,000,000 Series B preferred shares, and an unlimited number of blank check preferred shares.
- As of the document's date, 3,552,322 Common Shares were issued and outstanding, along with 19,982,903 Series A preferred stock (convertible into 7,473 Common Shares) and 7,020 Series seed preferred stock (convertible into 1 Common Share); additionally, there are warrants to purchase up to 26,817,218 Common Shares.
- Original issue prices for Series A preferred shares include US$0.47 for Series A1-A and Series A2, US$1.77 for Series A4, and US$16.3974 for Series Seed Preferred Shares.
- The company's Ordinary Shares are registered under the Exchange Act and listed on a Trading Market, and the company commits to filing timely reports with the SEC.
Oct 28, 2025, 1:34 PM
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