Leadership & Pay ·
SHF Holdings, Inc. announced that its board approved a retention plan for key employees and directors, with agreements…
SHFSWSHF Holdings, Inc.
SHF Holdings, Inc. announced that its board approved a retention plan for key employees and directors, with agreements signed on August 5, 2026. The plan provides Change in Control bonuses ranging from $200,000 to $500,000 for executives and increases base salaries during insolvency periods. Additionally, the Company delayed the resignation of Principal Accounting Officer Douglas Beck until after the filing of its Q2 10-Q report expected by August 14, 2026. The filing also reports the conclusion of a temporary reduction in the conversion price of Series B Preferred Stock and associated warrants effective July 31, 2026. During this period, holders converted 3,198 shares of preferred stock into 4,920,005 common shares, reverting prices to $1.5528. Safe Harbor Financial is a fintech platform providing banking and lending services to the regulated cannabis industry.