SHF Holdings ( (SHFS) ) has released a notification of late filing.
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SHF Holdings, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The company cites the need for additional time to finalize its financial statements and disclosures due to several factors, including the evaluation of subsequent events, valuation of deferred tax assets, and a reverse stock split. Management has also identified material weaknesses in internal controls over financial reporting. SHF Holdings expects to file the report within the 15-day extension period allowed under Rule 12b-25. The company anticipates significant changes in its financial results compared to the previous fiscal year, as noted in its earnings press release. CEO Terrance Mendez has signed the notification, indicating ongoing efforts to ensure compliance.
More about SHF Holdings
YTD Price Performance: -52.39%
Average Trading Volume: 10,864
Technical Sentiment Signal: Buy
Current Market Cap: $12.4M
See more data about SHFS stock on TipRanks’ Stock Analysis page.
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