SHF Holdings nearly triples on $150 million stock sale deal

SHF Holdings

24/09/2025 11:14

** Shares of SHF Holdings SHFS.O rise 187% to $9.36 premarket

** SHF said late on Tuesday it signed a deal with CREO Investments to sell up to $150 million of its Class A common stock

** The deal gives SHF the option to sell shares to CREO on days when its stock price is at or above $1

** The deal could expand to $500 million if both the companies agree

** SHF said it plans to use any money raised for working capital and general corporate purposes

** The agreement ends in three years or earlier, if certain conditions are triggered

** As of last close, stock down 63% YTD

 (Reporting by Kamal Choudhury in Bengaluru)

 ((Kamal.Choudhury@thomsonreuters.com;))