SHF Holdings, Inc., doing business as Safe Harbor Financial, announced that its Board of Directors has approved a 1-for-12 reverse stock split of its common stock, par value $0.0001 per share. The split was approved by stockholders at a special meeting held on November 6, 2025, and is expected to take effect at 12:01 a.m. Eastern Time on September 30, 2026. The company's common stock is expected to begin trading on a split-adjusted basis on the Nasdaq Stock Market LLC on September 30, 2026, under the existing ticker symbol SHFS with a new CUSIP number of 824430 409. At the effective time, every twelve issued and outstanding shares will be automatically combined into one share, and no fractional shares will be issued, with any fractional entitlements rounded up to the nearest whole share. Safe Harbor describes itself as a cannabis-exclusive financial platform that has assisted in processing more than $35 billion in cannabis-related depository funds across 41 states and territories.
SHF Holdings IncBoard approved a 1-for-12 reverse stock split, a capital-structure event with no clear positive or negative fundamental impact.
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