SHF Holdings Delays Quarterly Report Filing

SHF Holdings ( (SHFS) ) has released a notification of late filing.

SHF Holdings, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The primary reason for this delay is the difficulty in obtaining and compiling necessary information, compounded by a recent change in auditors and ongoing evaluation of the accounting methodology for a Forward Purchase Agreement. The company anticipates filing the report within five calendar days following the original due date. SHF Holdings expects significant changes in its financial results due to these factors, although specific estimates are not yet available. The notification was signed by Terrance E. Mendez, the Chief Executive Officer, who assured ongoing compliance efforts.

Spark’s Take on SHFS Stock

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

SHF Holdings has a low overall score due to its significant financial challenges, including negative profitability and high leverage. Technical indicators show bearish momentum, while valuation remains unattractive with a negative P/E ratio. Despite positive corporate events indicating strategic restructuring and potential growth, compliance issues with Nasdaq add further risk.

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

More about SHF Holdings

Average Trading Volume: 771,003

Technical Sentiment Signal: Sell

Current Market Cap: $6.24M

Learn more about SHFS stock on TipRanks’ Stock Analysis page.