Financing ·
Freight Technologies, Inc. entered into a securities purchase agreement on July 14, 2026, to issue and sell 1,200,000…
FRGTFreight Technologies, Inc.
Freight Technologies, Inc. entered into a securities purchase agreement on July 14, 2026, to issue and sell 1,200,000 Series C preferred shares for an aggregate purchase price of $1,200,000. The offering is expected to raise approximately $1.15 million in net cash proceeds for working capital and corporate purposes. The Series C Preferred Shares are immediately convertible into ordinary shares at a conversion price of the lower of $4.752 or the seven-day volume-weighted average price, subject to a floor of $0.7764. Freight Technologies, Inc. operates in the freight and logistics technology industry.