SHF Holdings Announces Leadership Changes and Compensation
Ticker: SHFSW · Form: 8-K · Filed: Apr 15, 2024 · CIK: 1854963
| Field | Detail |
|---|---|
| Company | Shf Holdings, Inc. (SHFSW) |
| Form Type | 8-K |
| Filed Date | Apr 15, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, executive-appointment, compensation
TL;DR
SHF Holdings CEO & CFO change, new comp plans filed.
AI Summary
SHF Holdings, Inc. announced on April 9, 2024, the departure of director David M. Johnson and the appointment of new officers, including CEO Michael J. McNeely and CFO David M. Johnson. The company also disclosed compensatory arrangements for these officers.
Why It Matters
This filing indicates significant changes in SHF Holdings' executive leadership, which could impact the company's strategic direction and operational execution.
Risk Assessment
Risk Level: medium — Leadership changes and new compensation structures can introduce uncertainty and potential shifts in company strategy.
Key Players & Entities
- SHF Holdings, Inc. (company) — Registrant
- David M. Johnson (person) — Departing Director and Appointed Officer
- Michael J. McNeely (person) — Appointed CEO
- Northern Lights Acquisition Corp. (company) — Former Company Name
FAQ
Who has been appointed as the new CEO of SHF Holdings, Inc.?
Michael J. McNeely has been appointed as the new CEO of SHF Holdings, Inc.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported is April 9, 2024.
Which director has departed from SHF Holdings, Inc.?
David M. Johnson has departed as a director from SHF Holdings, Inc.
What is the state of incorporation for SHF Holdings, Inc.?
SHF Holdings, Inc. is incorporated in Delaware.
What was the former name of SHF Holdings, Inc.?
The former name of SHF Holdings, Inc. was Northern Lights Acquisition Corp.
Filing Stats: 838 words · 3 min read · ~3 pages · Grade level 10.3 · Accepted 2024-04-15 16:30:20
Key Financial Figures
- $0.0001 — hich Registered Class A Common Stock, $0.0001 par value per share SHFS The Nasdaq
- $11.50 — A Common Stock at an exercise price of $11.50 per share SHFSW The Nasdaq Stock Ma
Filing Documents
- form8-k.htm (8-K) — 49KB
- ex99-1.htm (EX-99.1) — 15KB
- 0001493152-24-014628.txt ( ) — 286KB
- shfs-20240409.xsd (EX-101.SCH) — 4KB
- shfs-20240409_def.xml (EX-101.DEF) — 26KB
- shfs-20240409_lab.xml (EX-101.LAB) — 36KB
- shfs-20240409_pre.xml (EX-101.PRE) — 25KB
- form8-k_htm.xml (XML) — 6KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SHF HOLDINGS, INC. Date: April 15, 2024 By: /s/ Donnie Emmi Chief Legal Officer