Freight Technologies Provides Update on its Public Filings Procedures
Freight Technologies (FRGT) announced changes in its public filing procedures after determining it no longer qualifies as a 'foreign private issuer' under SEC rules. The company will now file reports as a domestic U.S. company, including Current Reports on Form 8-K, Quarterly Reports on Form 10-Q (starting March 31, 2024), and Annual Reports on Form 10-K (beginning with fiscal year 2024). Additionally, the company will submit proxy statements for shareholder meetings.
Freight Technologies (FRGT) ha annunciato modifiche nelle sue procedure di registrazione pubblica dopo aver determinato di non qualificarsi più come 'emittente privato estero' secondo le norme della SEC. L'azienda ora presenterà rapporti come una compagnia domestica statunitense, inclusi rapporti correnti sul modulo 8-K, rapporti trimestrali sul modulo 10-Q (a partire dal 31 marzo 2024) e rapporti annuali sul modulo 10-K (a partire dall'anno fiscale 2024). Inoltre, l'azienda presenterà dichiarazioni per l'assemblea degli azionisti.
Freight Technologies (FRGT) anunció cambios en sus procedimientos de presentación pública después de determinar que ya no califica como 'emisor privado extranjero' bajo las reglas de la SEC. La compañía ahora presentará informes como una empresa doméstica de EE. UU., incluyendo Informes actuales en el Formulario 8-K, Informes trimestrales en el Formulario 10-Q (a partir del 31 de marzo de 2024) y Informes anuales en el Formulario 10-K (comenzando con el año fiscal 2024). Además, la compañía presentará declaraciones de poder para las reuniones de accionistas.
Freight Technologies (FRGT)는 SEC 규정에 따라 더 이상 '외국 개인 발행자'로 자격을 갖추지 못하였음을 확인한 후 공개 제출 절차의 변경을 발표했습니다. 이 회사는 이제 폼 8-K에 대한 현재 보고서, 폼 10-Q에 대한 분기 보고서를 포함하여 미국의 국내 회사로서 보고서를 제출할 예정이며 (2024년 3월 31일부터 시작) 폼 10-K에 대한 연간 보고서도 제출합니다 (2024 회계연도부터 시작). 또한, 이 회사는 주주 회의를 위한 위임장을 제출할 것입니다.
Freight Technologies (FRGT) a annoncé des changements dans ses procédures de dépôt public après avoir déterminé qu'elle ne qualifie plus comme 'émetteur privé étranger' selon les règles de la SEC. L'entreprise déposera désormais des rapports comme une société domestique américaine, y compris des rapports courants sur le formulaire 8-K, des rapports trimestriels sur le formulaire 10-Q (commençant le 31 mars 2024) et des rapports annuels sur le formulaire 10-K (à partir de l'exercice 2024). De plus, l'entreprise soumettra des déclarations proxy pour les réunions des actionnaires.
Freight Technologies (FRGT) hat Änderungen in seinen Verfahren für öffentliche Meldungen angekündigt, nachdem festgestellt wurde, dass es nicht mehr als 'ausländischer privater Emittent' gemäß SEC-Regeln qualifiziert. Das Unternehmen wird nun Berichte als inländisches US-Unternehmen einreichen, einschließlich Aktueller Berichte auf dem Formular 8-K, Quartalsberichte auf dem Formular 10-Q (beginnend am 31. März 2024) und Jahresberichte auf dem Formular 10-K (beginnend mit dem Geschäftsjahr 2024). Darüber hinaus wird das Unternehmen Vollmachtsunterlagen für Aktionärsversammlungen einreichen.
- None.
- None.
HOUSTON, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced updates to its public filing procedures.
On December 4, 2024, Freight Technologies, Inc. (the “Company”) determined that it no longer satisfied the definition of “foreign private issuer” under the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). As a result, the Company has begun filing Current Reports on Form 8-K with the SEC as if it were a fully domestic U.S. company, and will commence filing Quarterly Reports on Form 10-Q (beginning with the period ending March 31, 2024) and Annual Reports on Form 10-K (beginning with the annual report for fiscal year 2024), as well as proxy statements with respect to meetings of shareholders.
About Freight Technologies Inc.
Freight Technologies (Nasdaq: FRGT) (“Fr8Tech") is a technology company offering a diverse portfolio of proprietary platform solutions powered by AI and machine learning to optimize and automate the supply chain process. Focused on addressing the distinct challenges within the supply chain ecosystem, the Company’s portfolio of solutions includes the Fr8App platform for seamless OTR B2B cross-border shipping across the USMCA region; Fr8Now, a specialized service for less-than-truckload (LTL) shipping; Fr8Fleet, a dedicated capacity service for enterprise clients in Mexico; and Waavely, a digital platform for efficient ocean freight booking and management of container shipments between North America and ports worldwide. Together, each product is interconnected within a unified platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, brokerage support, transportation management, fleet management, and committed capacity solutions. The company is headquartered in Houston, Texas. For more information, please visit fr8technologies.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Fr8Tech’s and Fr8App Inc.’s actual results may differ from their expectations, estimates and projections and, consequently, readers should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements.
These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Fr8Tech’s and Fr8App Inc.’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the inability to obtain or maintain the listing of Fr8Tech’s ordinary shares on Nasdaq; (2) changes in applicable laws or regulations; (3) the possibility that Fr8Tech or Fr8App Inc. may be adversely affected by other economic, business and/or competitive factors; (4) risks relating to the uncertainty of the projected financial information with respect to Fr8App Inc.; (5) risks related to the organic and inorganic growth of Fr8App Inc.’s business and the timing of expected business milestones; and (6) other risks and uncertainties identified, including those under “Risk Factors,” to be filed in Fr8Tech other filings with the Securities Exchange Commission.
Fr8Tech cautions that the foregoing list of factors is not exclusive. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Fr8Tech and Fr8App Inc. caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Fr8Tech and Fr8App Inc. do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based.
FAQ
What changes in filing procedures did Freight Technologies (FRGT) announce on December 6, 2024?
When will Freight Technologies (FRGT) begin filing Form 10-Q reports?
What triggered Freight Technologies' (FRGT) change in filing procedures?
