SHFS news

SHF Holdings Inc. announced the signing of a non-binding term sheet with Opifex Media for a business combination that will result in a Nasdaq-listed diversified holding company focused on the creator economy and cannabis fintech.

Safe Harbor Financial received a reprieve until April 19, 2027, to regain compliance with Nasdaq's $1 minimum bid price rule after previously failing to meet the requirement.

The cannabis fintech completed a 12-to-1 reverse stock split effective September 30, increasing share price but reducing total outstanding shares.

Safe Harbor Financial reported Q2 2026 revenue of approximately $1.9 million, up 4.8% year-over-year, driven by a 50.7% increase in loan program income and a 6.8% rise in deposit balances.

SHF Holdings concluded a temporary period that lowered its Series B Preferred Stock and warrant prices, reestablishing a conversion price of $1.5528. This move follows the conversion of preferred shares to common stock, altering the company's share count capitalization.