Freight Technologies, Inc.

Freight Technologies, Inc. and its subsidiaries entered into a Loan and Security Agreement with an institutional investor for a secured term loan of $2,500,000. The loan carries a 10.0% annual interest rate and matures on June 17, 2027. The company intends to use the net proceeds to fully repay its existing credit facility with Capital Foundry Funding, LLC.

Freight Technologies, Inc. announced a one-for-five reverse stock split of its ordinary shares, effective May 18, 2026. This action is intended to increase the per share trading price to meet Nasdaq's $1.00 minimum bid price requirement for continued listing. The reverse split will reduce outstanding shares from 2,860,626 to 572,125, with fractional shares being rounded up or cancelled based on specific rules.