Aaron Grey

Ben Klieve

Hal Goetsch

Mike Grondahl

Scott Buck

- **SHF Holdings, Inc.** closed an offering of **Convertible Promissory Notes** on **August 27, 2025**.  **[1854963_0001641172-25-026139_form8-k.htm:0]** 
- The Notes have an **aggregate principal sum of $562,500**, include a **20% original issue discount**, and mature in **August 2026**.  **[1854963_0001641172-25-026139_form8-k.htm:0]** 
- The conversion price is set at a **20% discount** to the average VWAP of the company's common stock, and investors have the option to convert at any time.  **[1854963_0001641172-25-026139_form8-k.htm:0]** 
- Issued to **accredited investors**, these Notes and their underlying shares are **restricted securities** and were sold under an **exemption from registration**.  **[1854963_0001641172-25-026139_form8-k.htm:0]** **[1854963_0001641172-25-026139_form8-k.htm:3]** **[1854963_0001641172-25-026139_ex10-1.htm:3]**

SHF Holdings (SHFS)