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Freight Technologies Shareholders Approve Board Slate, Capital Moves at 2025 Annual Meeting

Story Highlights
  • Freight Technologies shareholders on December 18, 2025 elected five directors and backed executive leadership.
  • Investors approved the auditor, major potential security issuances and preferred share conversion changes, reinforcing capital flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Freight Technologies Shareholders Approve Board Slate, Capital Moves at 2025 Annual Meeting

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

On December 18, 2025, Freight Technologies, Inc. held its Annual Meeting of Shareholders in Monterrey, Mexico, with 34.42% of outstanding ordinary shares represented, and shareholders elected five directors — including CEO Javier Selgas — to serve until the next annual meeting. Investors also ratified TAAD LLP as the independent auditor for fiscal years 2024 and 2025, approved the potential issuance of 20% or more of the company’s outstanding securities in connection with private placements to comply with Nasdaq rules, endorsed an amendment regarding mandatory conversion of preferred shares, and supported the company’s named executive officers in an advisory vote, signaling shareholder backing for the firm’s capital structure flexibility, governance framework and leadership team.

The most recent analyst rating on (FRGT) stock is a Sell with a $2.50 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.

Freight Technologies’ overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues and negative profitability margins. The technical analysis further supports a bearish outlook, with the stock trading below key moving averages and indicators suggesting weak momentum. The valuation is also unattractive due to the negative P/E ratio and lack of dividend yield.

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

More about Freight Technologies

Freight Technologies, Inc. is a technology-focused transportation and logistics company that operates cross-border freight services, with its principal executive offices in The Woodlands, Texas and operational presence in Mexico. The company caters to the North American freight market, leveraging digital platforms and technology to connect shippers and carriers and enhance the efficiency of cross-border and domestic trucking operations.

Average Trading Volume: 1,438,766

Technical Sentiment Signal: Sell

Current Market Cap: $3.63M

See more insights into FRGT stock on TipRanks’ Stock Analysis page.

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