Freight Technologies Inc. filed SEC Form 8-K: Other Events
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Item 8.01. Other Events.
As previous disclosed in its Current Report on Form 8-K on January 17, 2025, Freight Technologies, Inc. (the “Company”) received a deficiency notice from the Nasdaq Listing Qualifications Staff (the “Staff”) of the Nasdaq Capital Market (“Nasdaq”) notifying the Company that it was not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires companies listed on the Nasdaq to maintain a minimum of $2,500,000 in stockholders’ equity (the “Minimum Stockholders’ Equity Requirement”). On June 30, 2025, the Company received a letter from the Staff confirming that the Company has regained compliance with the Minimum Stockholders’ Equity Requirement. The Company’s compliance was evidenced by its Form 10-Q filed on May 16, 2025, which reported stockholders’ equity of $6,159,098. As a result, the Staff has determined that this matter is now closed.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: June 30, 2025 | Freight Technologies, Inc. | |
| /s/ Javier Selgas | ||
| Name: | Javier Selgas | |
| Title: | Chief Executive Officer | |