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Freight Technologies Publishes Pro Forma Financials for JAK Solar Acquisition

Story Highlights
  • Freight Technologies filed illustrative pro forma financials on March 19, 2026 showing the impact of its December 2025 JAK Solar acquisition.
  • The JAK Solar deal adds residential solar loan assets expected to enhance Freight Technologies’ recurring cash flows and overall financial profile.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Freight Technologies Publishes Pro Forma Financials for JAK Solar Acquisition

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Freight Technologies ( (FRGT) ) has shared an announcement.

Freight Technologies Inc., a technology-focused logistics player, provides interconnected digital freight solutions spanning cross‑border trucking, LTL, dedicated fleet services, ocean freight booking, transportation management systems and AI-based pricing tools, primarily serving shippers and carriers in the USMCA region and broader North American trade lanes. The company recently broadened its asset base through the acquisition of JAK Solar Loans 1 Limited, which holds a portfolio of residential solar-related financial contracts that are intended to generate recurring cash flows.

On March 19, 2026, Freight Technologies released unaudited pro forma condensed combined financial statements reflecting its December 31, 2025 acquisition of JAK Solar, presenting a balance sheet as of September 30, 2025 and operating results for the nine months ended September 30, 2025 and the year ended December 31, 2024 as if the deal had occurred earlier. The pro forma information, prepared under Article 11 of Regulation S‑X and filed on Form 6‑K with the U.S. Securities and Exchange Commission, is illustrative rather than predictive, but it gives investors additional visibility into how the JAK Solar transaction could affect Freight Technologies’ consolidated financial profile and cash flow prospects.

The most recent analyst rating on (FRGT) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Freight Technologies stock, see the FRGT Stock Forecast page.

Spark’s Take on FRGT Stock

According to Spark, TipRanks’ AI Analyst, FRGT is a Underperform.

The score is driven primarily by weak financial performance (declining revenue, significant losses, and poor cash flow) and a strongly bearish technical trend (price below all major moving averages with negative MACD). Valuation provides little support because the company is loss-making (negative P/E) and offers no dividend yield.

To see Spark’s full report on FRGT stock, click here.

More about Freight Technologies

Freight Technologies Inc. is a logistics management innovation company that develops AI- and machine learning-powered platforms to optimize and automate supply chain operations. Its portfolio includes Fr8App for cross-border USMCA trucking, Fr8Now for LTL shipping, Fr8Fleet for dedicated capacity in Mexico, Waavely for ocean freight booking, Fleet Rocket TMS for logistics operators, and Zayren for AI-driven pricing and carrier matching across North America.

Average Trading Volume: 851,616

Technical Sentiment Signal: Sell

Current Market Cap: $1.69M

For detailed information about FRGT stock, go to TipRanks’ Stock Analysis page.

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