Fetch Compute exits >5% stake in Freight Technologies (FRGT)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Freight Technologies, Inc. received Amendment No. 1 to a Schedule 13G/A from Fetch Compute Inc., which states Fetch Compute Inc. has ceased to be the beneficial owner of more than five percent of Freight Technologies' Ordinary Shares. The filing reports 0.0% beneficial ownership and is signed by Jason Coleman, Chief Financial Officer and Finance Director.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 0.0%
CUSIP: G51413162
Signature date: 06/01/2026
3 metrics
Beneficial ownership
0.0%
reported in Amendment No.1 to Schedule 13G/A
CUSIP
G51413162
Ordinary Shares, no par value
Signature date
06/01/2026
signed by Jason Coleman, CFO and Finance Director
Key Terms
Schedule 13G/A, Beneficial owner, Exit filing
3 terms
Schedule 13G/A regulatory
"Amendment No. 1 to a Schedule 13G/A with respect to Fetch Compute Inc."
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficial owner financial
"has ceased to be the beneficial owner of more than five percent of Freight Technologies"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Exit filing regulatory
"this Amendment No. 1 to constitutes an exit filing for the Reporting Person"
FAQ
What does Fetch Compute Inc.'s Schedule 13G/A amendment for FRGT mean?
It means Fetch Compute Inc. no longer beneficially owns more than five percent of Freight Technologies. The amendment states its ownership is 0.0%, converting the filing into an exit notice under Schedule 13G/A and removing it from the list of >5% holders.
How much of FRGT does Fetch Compute Inc. own after the amendment?
The filing reports Fetch Compute Inc. beneficially owns 0.0% of Freight Technologies. The Schedule 13G/A cover rows are incorporated by reference and the cover page footnote confirms this is an exit filing reducing ownership below five percent.
Who signed the Schedule 13G/A amendment for Freight Technologies (FRGT)?
The amendment is signed by Jason Coleman, Chief Financial Officer and Finance Director. The signature block shows the filing date of the signature as 06/01/2026, attesting to the accuracy of the exit statement on behalf of Fetch Compute Inc.