Fr8Tech retires legacy preferred shares and clears 2023 warrants
Fr8Tech said it simplified its capital structure by retiring legacy preferred shares and clearing 2023 warrants.
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01:13:40 PM UTC
SquawkNews
Company exchanged all outstanding Series A4 preferred shares and 3,190,000 Series C preferred shares for rights to ordinary shares; legacy warrants from 2023 financing are fully cleared; simplified capital structure supports transition to a pure-play technology companyHOUSTON, Oct. 19, 2026 (GLOBE…
01:14:14 PM UTC
SquawkNews
Freight Technologies exchanged all Series A4 and 3.19M Series C preferred shares for rights to ordinary shares, said all 2023 financing warrants were exercised, and its 1-for-10 reverse split is effective today.Material DetailsContext by AI AnalystThis is a mid-cycle cleanup aligning capital struct…