Freight Technologies Releases Pro Forma Financial Statements for JAK Solar Acquisition

Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, today released the unaudited pro forma financial statements related to its acquisition of JAK Solar Loans 1 Limited (“JAK Solar”), which was completed on December 31, 2025.

The unaudited pro forma condensed combined financial information includes a balance sheet as of September 30, 2025 and statements of operations for the nine months ended September 30, 2025 and the year ended December 31, 2024. The pro forma financial statements have been prepared in accordance with Article 11 of Regulation S-X and are presented as if the acquisition had occurred on January 1, 2024 for purposes of the statements of operations and on September 30, 2025 for purposes of the balance sheet.

The pro forma financial information is provided for illustrative purposes only and does not purport to represent what the Company’s financial position or results of operations would have been had the acquisition been completed on the dates indicated, nor is it indicative of future results.

The pro forma financial statements are included as Exhibit 99.2 to the Company’s Report of Foreign Private Issuer on Form 6-K furnished to the U.S. Securities and Exchange Commission on March 19, 2026, and are available on the SEC’s website at www.sec.gov and on the Company’s investor relations website.

As previously announced, the acquisition of JAK Solar expands Freight Technologies’ asset base through a portfolio of residential solar-related financial contracts and is expected to contribute recurring cash flows over time.