Freight Technologies Faces Delisting Concerns
Ticker: FRGT · Form: 8-K · Filed: Jan 17, 2025 · CIK: 1687542
Sentiment: bearish
Topics: delisting, listing-standards, compliance
TL;DR
Freight Technologies might get delisted - stock could tank.
AI Summary
Freight Technologies, Inc. filed an 8-K on January 17, 2025, reporting a notice of delisting or failure to satisfy continued listing requirements. The filing indicates potential issues with the company's compliance with stock exchange rules, which could lead to a transfer of listing or delisting from the exchange. The report was filed as of January 17, 2025, with the earliest event reported on January 13, 2025.
Why It Matters
This filing signals potential instability for Freight Technologies, Inc., which could impact its stock price and investor confidence due to possible delisting from the stock exchange.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards indicates a significant risk of the company's stock being removed from a major exchange, which is a severe negative event.
Key Players & Entities
- Freight Technologies, Inc. (company) — Registrant
- January 13, 2025 (date) — Earliest event reported
- January 17, 2025 (date) — Date of report and filing
- 001-38172 (company) — SEC File Number
- Hudson Capital Inc. (company) — Former company name
- China Internet Nationwide Financial Services, Inc. (company) — Former company name
FAQ
What is the specific reason Freight Technologies, Inc. received a notice of delisting or failure to satisfy continued listing rule?
The provided text of the 8-K filing does not specify the exact reason for the notice of delisting or failure to satisfy continued listing rule. It only states that such a notice was issued.
What is the earliest date of the event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 13, 2025.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on January 17, 2025.
What were Freight Technologies, Inc.'s former company names?
Freight Technologies, Inc. was formerly known as Hudson Capital Inc. and prior to that, China Internet Nationwide Financial Services, Inc.
What is Freight Technologies, Inc.'s principal executive office address?
Freight Technologies, Inc.'s principal executive offices are located at 2001 Timberloch Place, Suite 500, The Woodlands, TX 77380.
Filing Stats: 887 words · 4 min read · ~3 pages · Grade level 16.4 · Accepted 2025-01-17 16:05:18
Key Financial Figures
- $32,356 — 025, disclosed stockholders' equity of ($32,356), as of June 30, 2024, and as of now, t
- $2,500,000 — Capital Market to maintain a minimum of $2,500,000 in stockholders' equity. Under the Ru
Filing Documents
- form8-k.htm (8-K) — 38KB
- 0001493152-25-002753.txt ( ) — 211KB
- frgt-20250113.xsd (EX-101.SCH) — 3KB
- frgt-20250113_lab.xml (EX-101.LAB) — 33KB
- frgt-20250113_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K and the statements contained herein may include "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company's future financial or operating performance. In some cases, you can identify these statements because they contain words such as "may," "will," "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," "plan," "target," "predict," "potential," or the negative of such terms, or other comparable terminology that concern the Company's expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today's date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. The Company's expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including risks and uncertainties described in the Company's Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings with the SEC. All subsequent written and oral forward-looking statements concerning the Company or other matters, and attributable to the Company or any person acting on its behalf, are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 17, 2025 Freight Technologies, Inc. /s/ Javier Selgas Name: Javier Selgas Title: Chief Executive Officer