Freight Tech SEC Filings

Freight Technologies, Inc. (FRGT) amended its Form 10-K/A providing selected financial data and operational metrics. The filing shows Dedicated Capacity revenue of $5,093,721 versus $3,586,471 previously, an absolute increase of $1,507,250 (shown as 42.0%). Dedicated Capacity Truck Days rose to 15,139 from 9,045 (a 67.4% increase). Cost of revenue declined from $15,709,673 to $12,389,520, while compensation and employee benefits decreased slightly to $5,349,764 from $5,963,713. Total assets are reported at $5,690,245 versus $10,037,312, current liabilities at $6,345,005 versus $7,167,889, and long-term liabilities of $0 versus $242,442. The company recorded a $1,607,766 gain from extinguishment of debt. Cash flow items include net cash used in investing of $(345,723), net cash provided by financing of $4,242,023, and a net decrease in cash of $(309,868) (compared with a prior increase of $646,669). The filing is signed by CEO Javier Selgas and CFO Donald Quinby.

Freight Technologies, Inc. (FRGT) reported continued operating losses and relied on financing and equity transactions to bolster liquidity. For the six months ended June 30, 2025 the company recorded an operating loss of $(2,935,072) and negative operating cash flow of $(5,039,217), compared with losses of $(3,788,697) and negative cash flow of $(4,857,126) for the same period in 2024. The balance sheet shows shareholders' equity of $8,783,380, net working capital of $(179,851), short-term debt of $4,961,684 and $586,658 of unrestricted cash.

The company completed several financing and equity transactions in Q2 including Series A4 preferred issuances (e.g., 2,311,248 Series A4 preferred for approximately $5.2 million payable in FET tokens and a prior $3.0 million Series A4 offering) and conversions of convertible notes leaving $500,000 of convertible notes outstanding as of June 30, 2025. Short-term borrowings totaled $4,851,762. The company holds cryptocurrency assets (including 45,680 Official Trump coins and FET tokens classified as Level 1 fair value); it purchased 414,721 FET tokens for approximately $300,000. Net cash provided by financing activities was $6,407,563 and net increase in cash was $383,515.

Freight Technologies, Inc. filed a Form D/A amendment reporting an equity offering under Rule 506(b). The issuer is organized in the British Virgin Islands and lists its principal place of business as The Woodlands, Texas. The filing shows a total offering amount of $500,000, with $500,000 sold and $0 remaining, and a reported date of first sale of 2025-08-06. The issuer checked that it intends the offering to last more than one year and declined to disclose company size.

The minimum investment accepted was $500,000. The filing lists one investor to date, indicates no sales commissions or finders' fees, and reports $0 of proceeds paid to named executive officers, directors, or promoters. The amendment was signed by Javier Selgas, CEO on 2025-08-14.

Freight Technologies, Inc. entered into a securities purchase agreement with an accredited investor to issue two classes of preferred stock for a total cash purchase price of $500,000. The Company issued 12,540,000 Series B preferred shares and 126,005 Series A4 preferred shares and received net cash proceeds of approximately $485,000 after transfer agent, legal fees, and offering expenses. Under the Company’s amended governing documents, each issued preferred share is immediately convertible, at the investor’s option and without additional payment, into a number of fully paid ordinary shares. The offering was conducted in a private placement relying on Section 4(a)(2) and Rule 506(b) of Regulation D, with the investor representing accredited status and that the securities were acquired for investment without general solicitation.