HUSN - HUSN STOCK NEWS

Hudson Capital (NASDAQ: HUSN) announced that its merger partner, Freight App, Inc. (Fr8App), reported strong preliminary revenues for Q4 2021 and full year 2021. Fourth quarter revenues reached approximately $5.2 million, a 39% increase from $3.8 million in Q4 2020. Full-year revenues surged to about $21.5 million, marking a 133% rise from $9.2 million in 2020. CEO Javier Selgas emphasized the company's success amidst logistical challenges and plans for future growth and new technology development in 2022.

Hudson Capital (NASDAQ: HUSN) is advancing its merger with Freight App, Inc. (Fr8App), focusing on logistics technology for US-Mexico cross-border shipping. CEO Warren Wang expressed excitement over Fr8App's growth in shipper relationships and carrier base, alongside improving financial performance. Fr8App reported record revenue and operational metrics in 2021, enhancing its potential for growth post-merger. The merger's closing is pending customary conditions and regulatory approval, with financial filings submitted to the SEC.

Hudson Capital (NASDAQ: HUSN) has announced a new merger agreement to acquire 100% of Freight App, Inc. (Fr8App), focusing on enhancing its logistics technology platform. The previous merger agreement signed on October 10, 2020, has been terminated. Fr8App has demonstrated significant growth in market solutions, financial performance, and relationships within the logistics industry. This acquisition aims to strengthen Hudson Capital's position in the North American logistics market and leverage Fr8App's innovative technology for enhanced operational efficiency.

Hudson Capital Inc. (NASDAQ: HUSN) announced a definitive merger agreement with Freight App, Inc. (Fr8App), a logistics technology platform focused on US-Mexico cross-border shipping. Fr8App expects 2021 revenues between $22 million and $23 million, reflecting a 140% increase year-over-year. Key accomplishments include growing loads carried to nearly 25,000 and tripling shipper clients to 395. Fr8App aims to leverage public trading to explore further growth opportunities in 2022. Shareholders are encouraged to review merger materials filed with the SEC for important information.

Hudson Capital Inc. (NASDAQ: HUSN) has announced that Fr8App, a transportation logistics technology platform, has introduced a new solution to assist Mexican transportation companies with Carta Porte tax and reporting requirements. This initiative aims to enhance efficiency for owner-operators, who make up 80% of carriers. CEO Javier Selgas emphasized the importance of this offering amid recent regulatory changes. Additionally, Hudson Capital is advancing its merger plans with Fr8App and will provide relevant materials with the SEC as part of the process.

Hudson Capital (NASDAQ: HUSN) announced an enhancement to its partnership with Freight App, Inc. (Fr8App), introducing EDI Interface 2.0 for efficient logistics and financial data exchange. This upgrade follows the successful launch of the EDI system in July 2021, now enabling financial transactions and invoice communication. CEO Javier Selgas highlighted the successful implementation with a major U.S. carrier. The company emphasizes that the merger with Fr8App will be documented in upcoming SEC filings, enhancing operational efficiency and market competitiveness.

Hudson Capital (NASDAQ: HUSN) announced a merger agreement with Freight App, Inc. (Fr8App), a logistics platform focused on US-Mexico shipping. Fr8App reported preliminary revenues of approximately $5.6 million for Q3 2021, a 103% increase year-over-year, and $16.2 million for the first nine months, up 197%. The CEO noted that the logistics environment is challenging due to truck driver shortages and rising diesel prices, making Fr8App's solutions increasingly relevant. The merger process will involve SEC filings and shareholder approvals.

Hudson Capital Inc. (NASDAQ: HUSN) announced compliance with Nasdaq Listing Rule 5550(b)(1) regarding minimum stockholders' equity, confirming it meets the requirement of $2,500,000 as determined by its recent regulatory filings. This achievement is seen as a step towards finalizing the merger with Fr8App, a logistics tech platform focused on US-Mexico shipping. A proxy statement/prospectus for shareholder approval has been filed and amended recently, indicating ongoing progress in the merger process.

Hudson Capital (NASDAQ: HUSN) has announced a definitive merger agreement with Freight App, Inc. (Fr8App), a logistics tech platform specializing in US-Mexico shipping. The completion of Fr8App's second Freight University class aims to bolster staffing by over 30% since June. With a strengthened carrier sales team, Fr8App anticipates continued growth. Hudson Capital plans to file a Registration Statement with the SEC regarding this merger, urging shareholders to read associated materials for detailed insights.