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SHF Holdings Announces Debt Modification Agreement

Story Highlights
  • Safe Harbor Financial’s new CEO announced a successful debt modification with PCCU.
  • The company plans to evolve into a multi-faceted fintech platform for the cannabis industry.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SHF Holdings Announces Debt Modification Agreement

SHF Holdings ( (SHFS) ) has provided an announcement.

On March 11, 2025, Safe Harbor Financial announced that its newly appointed CEO, Terry Mendez, issued a letter to shareholders highlighting a successful debt modification agreement with Partner Colorado Credit Union (PCCU) and an upcoming special shareholder meeting. The agreement includes a two-year interest-only period, unlocking over $6 million in cash, and extends the due date to October 2030, reflecting PCCU’s confidence in Safe Harbor’s strategy. The company aims to transform into a multi-faceted fintech platform, leveraging industry relationships and regulatory expertise to create greater value for clients and shareholders.

More about SHF Holdings

Safe Harbor Financial, operating under SHF Holdings, Inc., is a fintech company that provides financial services and credit facilities to the regulated cannabis industry. It offers compliance, monitoring, and validation services to financial institutions, facilitating traditional banking services to cannabis, hemp, CBD, and ancillary operators. Safe Harbor has processed over $25 billion in cannabis-related funds and operates in more than 41 states and US territories with regulated cannabis markets.

YTD Price Performance: -25.00%

Average Trading Volume: 214,796

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $17.56M

See more data about SHFS stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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