SHF Holdings is trading 10.69% down at $0.03 on November 5, 2026. This follows the disclosure of 60,570,250 shares issued through Series B preferred conversions from October 24–30, significantly increasing common shares outstanding from 24,942,735 to 85,512,985 by October 30, 2026. The company also recently announced a non-binding term sheet to merge with Opifex Media Inc., with Opifex shareholders potentially owning 85% of the combined entity, further contributing to dilution concerns.