Freight Technologies executes 1-for-5 reverse stock split effective May 18
PUBT · 05/13 13:02
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- Freight Technologies set a 1-for-5 reverse stock split of its ordinary shares, effective May 18, 2026.
- Outstanding shares expected to fall to 572,125 from 2,860,626.
- Shares to keep trading on Nasdaq under FRGT; new CUSIP G51413162.
- Move targets compliance with Nasdaq $1 minimum bid price requirement.
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. Freight Technologies 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: 0001493152-26-022627), on May 13, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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