SHF Holdings Inc. has closed an offering of Convertible Promissory Notes to certain accredited investors, totaling an aggregate principal sum of $562,500. These Notes were issued with a 20% original issue discount and have a maturity date of August 2026. The Investors have the right to exchange the Notes for securities in future offerings by the company, with 120% of the principal and interest exchangeable at their election. The conversion price involves a 20% discount to the average VWAP of the company's common stock over specified periods.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SHF Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-026139), on September 02, 2025, and is solely responsible for the information contained therein.