SHF Holdings, Inc. Files 8-K: Agreements, Officer Changes

Ticker: SHFSW · Form: 8-K · Filed: Sep 4, 2024 · CIK: 1854963

Shf Holdings, Inc. 8-K Filing Summary
FieldDetail
CompanyShf Holdings, Inc. (SHFSW)
Form Type8-K
Filed DateSep 4, 2024
Risk Levelmedium
Pages4
Reading Time4 min
Key Dollar Amounts$0.0001, $11.50, $100,000
Sentimentneutral

Sentiment: neutral

Topics: material-agreement, officer-changes, director-changes, financial-statements

TL;DR

SHF Holdings inked a deal, swapped some execs, and filed financials. Big day.

AI Summary

On August 29, 2024, SHF Holdings, Inc. (formerly Northern Lights Acquisition Corp.) entered into a material definitive agreement. The company also reported the departure of directors or certain officers, the election of directors, and the appointment of certain officers, along with compensatory arrangements for these officers. The filing also includes financial statements and exhibits.

Why It Matters

This 8-K filing indicates significant corporate actions at SHF Holdings, Inc., including new agreements and changes in leadership, which could impact the company's strategic direction and financial performance.

Risk Assessment

Risk Level: medium — The filing details material definitive agreements and changes in corporate officers, which can introduce uncertainty and potential strategic shifts.

Key Players & Entities

  • SHF Holdings, Inc. (company) — Registrant
  • Northern Lights Acquisition Corp. (company) — Former company name
  • August 29, 2024 (date) — Date of earliest event reported

FAQ

What is the nature of the material definitive agreement entered into by SHF Holdings, Inc.?

The filing does not specify the details of the material definitive agreement, only that one was entered into on August 29, 2024.

Who are the directors or officers that have departed from SHF Holdings, Inc.?

The filing mentions the departure of directors or certain officers but does not name the specific individuals involved.

Were there any new directors or officers appointed to SHF Holdings, Inc.?

Yes, the filing indicates the election of directors and the appointment of certain officers.

What is the significance of the compensatory arrangements mentioned for certain officers?

The filing notes that compensatory arrangements for certain officers are part of the reported events, but the specifics of these arrangements are not detailed in the provided text.

What is the primary business of SHF Holdings, Inc. according to its SIC code?

SHF Holdings, Inc. is classified under FINANCE SERVICES [6199].

Filing Stats: 1,079 words · 4 min read · ~4 pages · Grade level 10.6 · Accepted 2024-09-04 07:30:44

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
  • $100,000 — 025, at a reduced annual base salary of $100,000. This base salary may be supplemented t

Filing Documents

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: September 4, 2024 By: /s/ Sundie Seefried Chief Executive Officer

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