SHF Holdings, Inc. Reports Director Changes and Compensation
Ticker: SHFSW · Form: 8-K · Filed: Aug 27, 2024 · CIK: 1854963
| Field | Detail |
|---|---|
| Company | Shf Holdings, Inc. (SHFSW) |
| Form Type | 8-K |
| Filed Date | Aug 27, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $11.50, $250,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, filing-update
TL;DR
SHF Holdings, Inc. filed an 8-K detailing director changes and executive compensation updates.
AI Summary
On August 21, 2024, SHF Holdings, Inc. reported changes in its board of directors and executive compensation arrangements. The company, formerly known as Northern Lights Acquisition Corp., is incorporated in Delaware and operates in the finance services sector. This filing also includes financial statements and exhibits.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance and executive compensation disclosures, with no immediate indication of significant financial distress or operational disruption.
Key Players & Entities
- SHF Holdings, Inc. (company) — Registrant
- Northern Lights Acquisition Corp. (company) — Former company name
- Delaware (jurisdiction) — State of incorporation
- August 21, 2024 (date) — Date of earliest event reported
FAQ
What specific changes were made to the board of directors?
The filing indicates changes related to the 'Departure of Directors or Certain Officers' and 'Election of Directors', but the specific names and details of these changes are not provided in the excerpt.
What are the details of the executive compensation arrangements?
The filing mentions 'Compensatory Arrangements of Certain Officers' as an item information, but the specific details of these arrangements are not included in the provided text.
When was SHF Holdings, Inc. formerly known as Northern Lights Acquisition Corp.?
The date of the name change from Northern Lights Acquisition Corp. to SHF Holdings, Inc. was April 2, 2021.
What is the primary business sector of SHF Holdings, Inc.?
SHF Holdings, Inc. is classified under 'FINANCE SERVICES' with the SIC code 6199.
What is the filing date and the earliest event date reported?
The filing was made on August 27, 2024, and the earliest event reported is dated August 21, 2024.
Filing Stats: 1,039 words · 4 min read · ~3 pages · Grade level 11.2 · Accepted 2024-08-27 16:37:08
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 M
- $250,000 — receive a reduced annual base salary of $250,000, which may be supplemented through an i
Filing Documents
- form8-k.htm (8-K) — 49KB
- ex10-1.htm (EX-10.1) — 25KB
- ex10-2.htm (EX-10.2) — 5KB
- ex10-3.htm (EX-10.3) — 4KB
- ex10-1_001.jpg (GRAPHIC) — 1576KB
- ex10-1_002.jpg (GRAPHIC) — 1802KB
- ex10-1_003.jpg (GRAPHIC) — 1756KB
- ex10-1_004.jpg (GRAPHIC) — 1765KB
- ex10-1_005.jpg (GRAPHIC) — 1531KB
- ex10-1_006.jpg (GRAPHIC) — 1282KB
- ex10-1_007.jpg (GRAPHIC) — 1768KB
- ex10-1_008.jpg (GRAPHIC) — 1844KB
- ex10-1_009.jpg (GRAPHIC) — 844KB
- ex10-1_010.jpg (GRAPHIC) — 356KB
- ex10-1_011.jpg (GRAPHIC) — 221KB
- ex10-1_012.jpg (GRAPHIC) — 278KB
- ex10-1_013.jpg (GRAPHIC) — 1474KB
- ex10-1_014.jpg (GRAPHIC) — 1687KB
- ex10-1_015.jpg (GRAPHIC) — 1651KB
- ex10-1_016.jpg (GRAPHIC) — 1699KB
- ex10-1_017.jpg (GRAPHIC) — 1662KB
- ex10-1_018.jpg (GRAPHIC) — 1658KB
- ex10-1_019.jpg (GRAPHIC) — 272KB
- ex10-1_020.jpg (GRAPHIC) — 415KB
- ex10-1_021.jpg (GRAPHIC) — 284KB
- ex10-1_022.jpg (GRAPHIC) — 380KB
- ex10-1_023.jpg (GRAPHIC) — 249KB
- ex10-1_024.jpg (GRAPHIC) — 1517KB
- ex10-1_025.jpg (GRAPHIC) — 1548KB
- ex10-1_026.jpg (GRAPHIC) — 1654KB
- ex10-1_027.jpg (GRAPHIC) — 402KB
- ex10-1_028.jpg (GRAPHIC) — 392KB
- ex10-1_029.jpg (GRAPHIC) — 350KB
- ex10-1_030.jpg (GRAPHIC) — 1860KB
- ex10-1_031.jpg (GRAPHIC) — 1213KB
- ex10-1_032.jpg (GRAPHIC) — 257KB
- ex10-2_001.jpg (GRAPHIC) — 1434KB
- ex10-2_002.jpg (GRAPHIC) — 1269KB
- ex10-2_003.jpg (GRAPHIC) — 384KB
- ex10-2_004.jpg (GRAPHIC) — 645KB
- ex10-2_005.jpg (GRAPHIC) — 801KB
- ex10-3_001.jpg (GRAPHIC) — 1454KB
- ex10-3_002.jpg (GRAPHIC) — 822KB
- ex10-3_003.jpg (GRAPHIC) — 900KB
- 0001493152-24-034026.txt ( ) — 59952KB
- shfs-20240821.xsd (EX-101.SCH) — 4KB
- shfs-20240821_def.xml (EX-101.DEF) — 26KB
- shfs-20240821_lab.xml (EX-101.LAB) — 36KB
- shfs-20240821_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: August 27, 2024 By: /s/ Sundie Seefried Chief Executive Officer