Safe Harbor Financial Originates $1.07 Million Secured Credit Facility for Missouri Cannabis Operator
SHF Holdings, Inc. - Class A (SHFS)
Company Research
Source: GlobeNewswire
GOLDEN, Colo., Oct. 29, 2024 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulated cannabis industry, announced that it has originated a $1.07 million secured credit facility for a Missouri-based cannabis operator, the first tranche of a $5 million commitment to refinance existing senior debt. The loan further solidifies Safe Harbor’s position as a key partner for cannabis operators seeking competitive financial solutions in the rapidly evolving cannabis financial sector. The facility is secured by a portfolio that includes four retail dispensaries and a manufacturing facility in Missouri. The refinancing reduces the operator's borrowing costs and will enable them to optimize their operations within the state’s growing cannabis market. “Our competitively-priced financing solutions provide cannabis operators — who are often underserved b
Show less
Read more
Impact Snapshot
Event Time:
SHFS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SHFS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SHFS alerts
High impacting SHF Holdings, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
SHFS
News
- SHF Holdings Inc (SHFS) Q3 2024 Earnings Call Highlights: Strategic Growth Amidst Market Challenges [Yahoo! Finance]Yahoo! Finance
- Safe Harbor Financial Reports Financial Results for Third Quarter and Nine Months Ended September 30, 2024 [Yahoo! Finance]Yahoo! Finance
- Safe Harbor Financial Reports Financial Results for Third Quarter and Nine Months Ended September 30, 2024GlobeNewswire
- Safe Harbor Financial to Report Third Quarter 2024 Financial Results on Tuesday, November 12, 2024GlobeNewswire
- Safe Harbor Financial to Participate in the Benzinga Cannabis Capital Conference on October 8 and 9, 2024GlobeNewswire
SHFS
Sec Filings
- 11/12/24 - Form 8-K
- 11/12/24 - Form 10-Q
- 11/1/24 - Form 4
- SHFS's page on the SEC website