SHF Holdings voluntarily reduced the conversion price of Series B Preferred Stock and exercise price of Series B Warrants to $0.65, effective through July 31, 2026.
Key takeaways
Conversion price of Series B Preferred Stock reduced to $0.65 from May 6 to July 31, 2026.
Cash exercise price of Series B Warrants reduced to $0.65, effective upon SEC effectiveness of registration statement.
Company plans to file Form S-1 to register shares issuable upon warrant exercise at reduced price.
Board and Required Holder approved the price reductions and related periods.
Company may delay periods if required by applicable laws or regulations.