SHF Holdings, Inc. - Class A Common Stock (SHFS)

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Referral partnership creates streamlined, compliant funding, financial services and banking access for cannabis-related businesses navigating complex financial landscapes

Strategic partnership connects cannabis operators to compliant financial and workforce solutions, addressing one of the industry’s most persistent challenges

— Adjusted EBITDA(1) is positive for each of the last 3 years; Adjusted Working Capital(2) is approximately positive $2 million

Industry Expert Brings Extensive Experience in Investment Analysis and Product Innovation to Drive Growth Initiatives and Advance Cannabis Sector Solutions

Highlights Successful Debt Modification Agreement with PCCU and Upcoming Special Shareholder Meeting on Thursday, March 13 at 4:30 p.m. ET

Agreement Unlocks Over $6 Million in Cash Flow and Extends Due Date to October 2030

Second Tranche of a $5 Million Loan Funding Package to Refinance High-Interest Senior Debt

PCCU Modifies Credit Facility with Safe Harbor by Pausing Principal Payments for Two Months as New Terms are Considered; Safe Harbor Intends to Commence Making Growth Investments Immediately

Sundie Seefried to Immediately Become Co-CEO and Retire in 30 Days; Will Remain on Board of Directors Post-Transition

Milestone Underscores the Company’s Leadership in Providing Reliable Financial Services, Credit Facilities and Innovative Solutions for the Regulated Cannabis Industry

Loan Indemnification between Companies Eliminated; Change Expected to Strengthen Safe Harbor’s Balance Sheet

--Net Income increased to $0.4 million in the third quarter of 2024

Company to host conference call after the market closes at 4:30p.m. ET on Tuesday, November 12th

Innovative Loan Partnership Drives Energy Savings and Sustainable Operations in Colorado’s Cannabis Sector

Credit Facility Represents First Tranche of $5 Million Commitment to Refinance Existing Senior Debt

GOLDEN, Colo., Oct. 01, 2024 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulated cannabis industry, announced today that its management team will participate in the Benzinga Cannabis Capital Conference being held October 8-9, 2024, in Chicago.

GOLDEN, Colo., Sept. 04, 2024 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulated cannabis industry, today announced extensions to the contracts of three key executives and a restructuring of their compensation packages.

--Net Income increased to $0.9 million in the second quarter of 2024

Company to host conference call after the market closes at 4:30 p.m. ET on Wednesday, August 14th

GOLDEN, Colo., July 25, 2024 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) ( NASDAQ: SHFS), a leader in providing banking, payments, and financial services to the regulated cannabis industry, announced a new partnership with BIPOCann, a Denver-based consulting firm dedicated to aiding social equity and minority entrepreneurs in the cannabis sector.

GOLDEN, Colo., July 16, 2024 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating banking, payments and financial services to the regulated cannabis industry, announced that it has submitted comments to the Justice Department, following its recent proposed rule to reclassify cannabis from Schedule I to Schedule III of the Controlled Substances Act (“CSA”), consistent with the view of the Department of Health and Human Services (“HHS”) that cannabis has a currently accepted medical use as well as HHS’s views about marijuana’s abuse potential and level of physical or psychological dependence.

$3.3 Million Reallocated to Lending and Credit Line Capacity

GOLDEN, Colo., June 20, 2024 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulated cannabis industry, announced today that management will participate in the 2024 Maxim Fintech Virtual Symposium being held on Tuesday, June 25th at 9:00 AM ET.

Company Executives Share Vision and Answer Questions Live at VirtualInvestorConferences.com