Safe Harbor Financial Announces the Implementation of a Reverse Stock Split

DENVER, Sept. 28, 2026 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leading fintech platform serving the banking, lending, and financial services needs of the regulated cannabis and hemp industries, today announced that its Board of Directors has approved a reverse stock split of the Company’s common stock, par value $0.0001 per share, at a ratio of 1-for-12 (the “Reverse Stock Split”).

The Reverse Stock Split was approved by stockholders at a special meeting of the Company’s stockholders held on November 6, 2025, and is expected to become effective at 12:01 a.m. Eastern Time on September 30, 2026. The Company’s common stock is expected to begin trading on a split-adjusted basis on the Nasdaq Stock Market LLC on September 30, 2026 under the existing ticker symbol “SHFS” with a new CUSIP number of 824430 409.