Freight Technologies (FRGT) has released an update.
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Freight Technologies, Inc. has entered into a Term Note Purchase Agreement to secure a $125,000 term loan from Freight Opportunities, LLC, with specific terms and conditions outlined in the agreement. This financial maneuver aims to bolster the British Virgin Islands-based company’s operations and growth capabilities. The agreement ensures the company’s adherence to various regulatory and corporate governance standards, which may influence its business trajectory and financial health.
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