Earnings Releases·Nov 9, 2026, 8:15 AM ET

SHF Holdings, Inc. — Third Quarter 2026 Earnings Summary

Total revenue rose 6.5% year-over-year to $1.95 million, driven by a 70.2% surge in loan program income, though the company reported a net loss of $979,000 ($0.95/share) compared to net income of $180,000 in the prior year.
Management entered a nonbinding term sheet on October 23, 2026, for a proposed business combination with Opifex Media Inc., where existing stakeholders would hold approximately 15% of the combined entity, while Nasdaq granted an additional 180-day extension to meet the $1 minimum bid price requirement.
The company faces a "going concern" disclosure due to recurring operating losses and negative cash flows, with cash and cash equivalents declining to $4.40 million from $6.78 million at year-end 2025.
Strategic priorities include evaluating alternatives to address capital structure challenges, maintaining liquidity, and preserving the operating business value while no secured debt is held as of September 30, 2026.