-+ 0.00%
-+ 0.00%
-+ 0.00%
Freight Technologies Exchanges Preferred Shares for Rights to Ordinary Shares
Share
Listen to the news
Freight Technologies Exchanges Preferred Shares for Rights to Ordinary Shares
  • Freight Technologies exchanged all 1,666,837 Series A4 Preferred Shares and 3,190,000 Series C Preferred Shares for ordinary-share rights on October 18, 2026.
  • Series A4 Rights cover 3,245,332 Ordinary Shares on a post-split basis at an exchange price of $1.87 per share.
  • Series C Rights cover 3,190,000 Ordinary Shares on a post-split basis at an exchange price of $1.00 per share.
  • Both rights carry a 9.99% beneficial ownership limit; the one-for-ten reverse share split took effect October 19, 2026.
  • All remaining ordinary share warrants from the 2023 convertible note financing have been exercised, eliminating potential share issuances from those warrants.


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: 0001493152-26-047518), on October 19, 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.
What's Trending