SHF Holdings Sets 1-for-12 Reverse Stock Split for September 30
SHFS is trading near its 52-week low of $0.141 (7.2% above the low) on light trading volume (0.2× avg).
Summary
SHF Holdings approved a 1-for-12 reverse stock split effective September 30, 2026, aimed at regaining Nasdaq listing compliance amid a going concern warning and delisting risk.
Key Events · Corporate Governance and Compliance · SHFS
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1-for-12 Reverse Split Approved
Board approved a 1-for-12 reverse stock split, effective September 30, 2026, with trading on a split-adjusted basis under ticker SHFS and new CUSIP 824430 409.
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Nasdaq Compliance Effort
At the current $0.151 price, the split would lift the share price to approximately $1.81, addressing the imminent Nasdaq delisting risk disclosed in the Q2 10-Q.
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Stockholder Authorization
The reverse split was previously approved by stockholders at a special meeting on November 6, 2025; this filing marks the board's first exercise of that authority.
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Fractional Share Treatment
No fractional shares will be issued; stockholders entitled to fractional shares will be rounded up to the nearest whole share.
Analysis · SHFS · Finance
The board has approved a 1-for-12 reverse stock split, effective September 30, 2026. This move directly addresses the imminent Nasdaq delisting risk disclosed in the company's Q2 10-Q. At the current price of $0.151, the split would mechanically lift the share price to approximately $1.81, helping the company regain compliance with Nasdaq's $1.00 minimum bid requirement. Stockholders had previously authorized the split in November 2025, but this is the first time the board has exercised that authority and set a date. With a going concern warning and only $5.7M in cash, maintaining the listing is critical to the company's ability to raise capital.
How filings like this one have moved
In the 30 days to Oct 29, 2026, 30.9% of the 1649 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SHFS was trading at $0.15 on NASDAQ in the Finance sector, with a market capitalization of approximately $1.9M. The 52-week trading range was $0.14 to $7.64. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.