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Security Profile
- Security Type
- Common Stock
- CUSIP
- G51413139 (prev. G4645C109 )
- Market Cap
- Micro Cap · $32 Million
- IPO
- 8/8/2017 · $10.00/share
- Previous Symbol
- HUSN (changed 5/26/2022)
- Previous Name
- China Internet Nationwide Financial Services, Inc.
Business: Freight Technologies Inc., Inc. is a North American transportation logistics technology platform company focused on US-Mexico-Canada cross-border shipping. Its wholly owned subsidiary Freight App, Inc. (Fr8App) focuses on truckload freight, making shipping simple, transparent, and efficient.
Notes: October 26, 2020 -- the Company filed Amended and Restated Memorandum and Articles of Association with the Registrar of Corporate Affairs of the British Virgins Islands (the “BVI”) to effect a 5-for-1 reverse stock split (the “Reverse Split”) of the Company’s ordinary shares commencing at market open on October 29, 2020.
As previously reported, on October 13, 2020, the Company’s Board of Directors approved the Amended and Restated Memorandum and Articles of Association to effect the Reverse Split. In connection with the Reverse Split, a vote of the members of the Company is not required and as such, no member vote or meeting of members was held. The Reverse Split is intended to increase the market price per share of the Company’s ordinary shares to allow the Company to maintain its NASDAQ Capital Market listing.
As a result of the Reverse Split, every five (5) ordinary shares will be automatically combined into one (1) ordinary share. In connection with the Reverse Split, the Company’s par value per share will be increased from $0.001 to $0.005.
No fractional shares will be issued as a result of the Reverse Split. Shareholders who otherwise would be entitled to a fractional share because they hold a number of ordinary shares not evenly divisible by the one (1) for five (5) reverse split ratio, will automatically be entitled to receive an additional fractional share of ordinary shares to round up to the next whole share. <p> We know of no home page for this Company
Company Contact
- CEO
- Javier Selgas
- CFO
- Paul Freudenthaler
- Headquarters
- 2001 Timberloch Place, Suite 500, The Woodlands, TX 77380
- Phone
- 773-905-5076
- Investor Relations
- Kirsten Chapman, LHA IR · 415-433-3777 · fr8app@lhai.com