SHF Holdings (NASDAQ: SHFS) appoints Michael Regan as COO and Secretary
Rhea-AI Filing Summary
SHF Holdings, Inc. reported that on July 15, 2026 its board appointed Michael Regan as Chief Operating Officer and Secretary. His background and compensation are described in the definitive proxy statement filed May 8, 2026, which is incorporated by reference.
The company states there are no arrangements or understandings with any other person regarding his appointment and no family relationships between Mr. Regan and any director or executive officer. It also notes that on September 30, 2025 he participated in the company’s Series B Convertible Preferred Stock offering, identified as a related party transaction and described in the Form 10-K filed April 15, 2026.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Par value per Class A Common Share: $0.0001 per share
Warrant exercise price: $230.00 per share
Appointment date: July 15, 2026
+2 more
5 metrics
Par value per Class A Common Share
$0.0001 per share
Class A Common Stock par value as described
Warrant exercise price
$230.00 per share
Exercise price for redeemable warrants, each for one Class A share
Appointment date
July 15, 2026
Date Michael Regan was appointed COO and Secretary
Series B participation date
September 30, 2025
Date Mr. Regan participated in Series B Convertible Preferred Stock offering
Form 10-K filing date
April 15, 2026
Date Annual Report describing the related party transaction was filed
Key Terms
Redeemable Warrants, Series B Convertible Preferred Stock, Related Party Transaction, emerging growth company
4 terms
Redeemable Warrants financial
"Redeemable Warrants, each whole warrant exercisable for one share"
A redeemable warrant is a tradable right that lets its holder buy a company’s shares at a fixed price before a set date, but the issuer has the contract power to cancel (redeem) the warrant early under agreed terms. For investors this matters because early redemption can force decision-making, change the timing of when new shares might be created, and affect potential gains or dilution—much like a store coupon that the issuer can cancel by paying you off instead of letting you use it.
Series B Convertible Preferred Stock financial
"participated in the Company’s offering of Series B Convertible Preferred Stock"
Series B convertible preferred stock is a class of shares sold during a later-stage private financing that combines features of a loan and common stock: it usually pays priority dividends or has a priority claim if the company is sold, and it can be converted into common shares under predefined rules. Investors care because these shares affect ownership stakes and payout order—like having a reserved place in line and a ticket that can turn into regular ownership—so they influence potential returns and dilution for other shareholders.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did SHFS disclose about management changes in this Form 8-K?
SHF Holdings, Inc. disclosed that on July 15, 2026 its board appointed Michael Regan as Chief Operating Officer and Secretary. His background and compensation are described in a definitive proxy statement filed on May 8, 2026 and incorporated by reference.
Who is Michael Regan in relation to SHFS and what roles was he given?
Michael Regan was appointed by SHF Holdings, Inc. as Chief Operating Officer and Secretary on July 15, 2026. His biographical and compensation information is provided in the company’s definitive proxy statement filed with the SEC on May 8, 2026.
Are there any family or appointment arrangements involving Michael Regan at SHFS?
The company states there are no arrangements or understandings with any other person regarding Michael Regan’s appointment and no family relationships between him and any SHF Holdings director or executive officer.
What securities of SHFS are listed on The Nasdaq Stock Market?
SHF Holdings lists its Class A Common Stock, $0.0001 par value per share, under symbol SHFS, and its Redeemable Warrants, each exercisable for one Class A share at $230.00, under symbol SHFSW on Nasdaq.