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Freight Technologies, Inc. Announces Conversion of $3.55M Convertible Debt to Equity

Investor converts $3.55 million of convertible debt into preferred share equity.

Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech” and/or “Company”), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning that offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, today announces conversion by investors of convertible debt to equity.

Investors in the Company’s convertible notes have converted approximately $3.55 million in convertible notes intoequity in the form of preferred shares.

CEO Javier Selgas commented: “The conversion is very positive news for the Company. The amount converted is arelevant amount that will help the Company continue being listed in good standing with the Nasdaq insofar asrequired minimum capital amounts for continued listing as of the end of our 2023 calendar year. We believe it is alsoa strong indicator of the significant support that a group of our investors continue to demonstrate in the Company’sstrategic direction. We continue to take steps towards improving our technology and offering our solutions to nichetarget markets across North America.”

About Freight Technologies

Freight Technologies (Nasdaq: FRGT) (“Fr8Tech”) is a technology company offering a diverse portfolio of proprietary platform solutions that incorporate AI and machine learning tools to optimize and automate aspects of the supply chain process. Focused on addressing the distinct challenges within the supply chain ecosystem, the Company’s portfolio of solutions includes the Fr8App platform for over-the-road (OTR) B2B cross-border shipping across the USMCA region; Fleet Rocket, a nimble, scalable and cost-effective Transportation Management System (TMS) for brokers, shippers, and other logistics operators; Fr8Radar, a GPS integration and shipment visibility module within Fleet Rocket that enables real-time tracking of in-transit freight across the U.S.-Mexico corridor; Zayren, an AI-based, pricing-prediction tool and carrier-matching platform designed specifically for cross-border and domestic OTR freight shipments across Mexico and the United States; and DODA Smart, an AI-assisted customs compliance platform to monitor, verify and trace Digital Customs Documents (DODAs) for trade operators in Mexico. Each product is interconnected within a unified platform to connect carriers and shippers and significantly improve matching and operational efficiency via innovative technologies such as live pricing, real-time tracking, digitization of critical documentation, brokerage support, transportation management, fleet management, and committed capacity solutions.

Forward-looking statements

This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections, and you should not rely on these statements as predictions of future events. These statements involve risks and uncertainties, most of which are outside the Company’s control and difficult to predict. Factors that may cause such differences are identified in the Company’s filings with the U.S. Securities and Exchange Commission. Freight Technologies cautions readers not to place undue reliance on any forward-looking statement, which speaks only as of the date made, and undertakes no obligation to update or revise any of them.

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6-K/A · 2026-11-10

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