Freight Technologies (FRGT) has released an update.
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Freight Technologies, Inc. has entered into a Term Note Purchase Agreement to secure a $125,000 term loan from Freight Opportunities, LLC, with specific terms and conditions outlined in the agreement. This financial maneuver aims to bolster the British Virgin Islands-based company’s operations and growth capabilities. The agreement ensures the company’s adherence to various regulatory and corporate governance standards, which may influence its business trajectory and financial health.
For further insights into FRGT stock, check out TipRanks’ Stock Analysis page.
