SHF Holdings is trading at $0.09, down 7.13% in after-hours trading; no confirmed cause for the decline was established.
- On October 26, SHF Holdings announced a non-binding term sheet to combine with Opifex Media, subject to due diligence, approvals, financing and a definitive agreement.
- Opifex holders would own 85% before certain adjustments.
- The company said the transaction is intended to support its Nasdaq listing; broader market movement does not clearly explain the decline.