Freight Technologies ( (FRGT) ) has released a notification of late filing.
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Freight Technologies, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The delay is primarily due to the need for additional time to gather necessary information for the report’s preparation, which could not be completed without unreasonable effort or expense. The company expects to file the report within the five-day extension period allowed by the SEC. There are no anticipated significant changes in financial results compared to the previous year, and the company has issued forward-looking statements regarding its financial expectations. The notification was signed by CEO Javier Selgas, indicating ongoing compliance efforts.
Spark’s Take on FRGT Stock
According to Spark, TipRanks’ AI Analyst, FRGT is a Underperform.
Freight Technologies’ overall stock score is primarily driven by significant financial challenges and bearish technical indicators. While some positive corporate actions were noted, they are insufficient to offset the broader financial instability and poor valuation metrics.
To see Spark’s full report on FRGT stock, click here.
More about Freight Technologies
Average Trading Volume: 175,990
Technical Sentiment Signal: Sell
Current Market Cap: $3.38M
For a thorough assessment of FRGT stock, go to TipRanks’ Stock Analysis page.