Freight Technologies Exchanges Senior Convertible Notes for Series A4 Preferred Shares under ...

Freight Technologies Exchanges Senior Convertible Notes for Series A4 Preferred Shares under ...

HOUSTON, May 27, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT; “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, today announced it has entered into an Amendment and Exchange Agreement (the…

Freight Technologies Exchanges Senior Convertible Notes for Series A4 Preferred Shares under the $20 Million Facility - Freight Technologies (NASDAQ:FRGT)

HOUSTON, May 27, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (NASDAQ:FRGT, "Fr8Tech" or the "Company")), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, today announced it has entered into an Amendment and Exchange Agreement (the "Exchange Agreement") with one of its accredited investors, under the Securities Purchase Agreement, dated April 29, 2025, (the "Facility"). Net proceeds f…

Freight Technologies Restructures $1.5M Debt into Preferred Shares Under $20M Facility

$1.5M senior notes converted to 387,305 preferred shares as part of strategic $20M financing facility. See how this restructuring impacts FRGT's capital structure.