SHF Holdings Approves Retention Agreements for Key Executives & Directors

SHF Holdings, Inc. entered into retention agreements with its Board members and key executives, including CEO/CFO Terrance Mendez, CMO Jeffrey Kay, and COO Michael Regan. These agreements provide Change in Control bonuses and salary increases during periods of insolvency. Separately, the company announced the conclusion of the temporary reduction in the conversion price of its Series B Preferred Stock and associated warrants, which reverted to $1.5528. During the reduction period, 3,198 Series B Preferred shares were converted into 4,920,005 common shares, simplifying the capital structure. Additionally, Douglas Beck's resignation as Principal Accounting Officer was delayed.