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SHF Holdings Faces Legal Dispute Over Merger Payment

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SHF Holdings Faces Legal Dispute Over Merger Payment

SHF Holdings ( (SHFS) ) has provided an update.

SHF Holdings filed a declaratory judgment complaint in Denver District Court concerning a $3,000,000 merger payment to former stockholders of Rockview Digital Solutions, trading as Abaca. The defendants filed a counterclaim alleging breaches of the merger agreement, focusing on delayed payment and the validity of amendments, and included a third-party claim against the company’s board chairman.

More about SHF Holdings

YTD Price Performance: -73.59%

Average Trading Volume: 133,521

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $20.88M

Find detailed analytics on SHFS stock on TipRanks’ Stock Analysis page.

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