Freight Technologies: 9.9% passive stake amended
FRGT's reported ownership incorporates a 9.99% conversion blocker and share figures adjusted for the one-for-ten reverse split.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Freight Technologies, Inc. is the issuer in an amended ownership report listing 168,732 Ordinary Shares, or 9.9%, for each reporting person, with shared voting and dispositive power. The repeated entries reflect shared attribution across related entities and control persons, not separate blocks.
The reporting group includes Freight Opportunities LLC, ATW Opportunities Master Fund, L.P., Freight Opportunities II LLC, Trumpcoin Ventures II LLC, ATW Opportunities Master Fund II, LP, ATW Partners Opportunities Management, LLC, and control persons Kerry Propper and Antonio Ruiz-Gimenez. The reported amount includes 16,099 post-split shares held by Freight Opportunities LLC as of October 18, 2026, plus approximate shares the holding companies may acquire within 60 days through conversion of convertible notes, Series B Preferred Shares, and/or Common Share Rights. A 9.99% blocker prevents conversion to the extent a holding company and its affiliates would exceed that ownership level after conversion.
The issuer effected a one-for-ten reverse split on October 19, 2026. The reported percentage uses a 1,681,420-share calculation basis, reflecting shares outstanding immediately after the split plus approximate conversion shares subject to the blocker. Each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Key Figures
Key Terms
beneficial ownership regulatory
Blocker regulatory
Rule 13d-3(d)(1)(i) regulatory
Stock Split
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How does FRGT's 9.99% conversion blocker work?
AI-generated analysis. How Rhea-AI works. Not financial advice.