Freight Technologies enters USD 2.5 million secured term loan with institutional investor

Hudson Capital Inc. - Ordinary Shares

Hudson Capital Inc. - Ordinary Shares

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  • Freight Technologies entered a Loan and Security Agreement on June 18, 2026 for a secured term loan of USD 2.5 million.
  • Loan carries 10% annual interest, matures June 17, 2027; interest due monthly starting July 1, 2026.
  • Borrowers granted a perfected security interest in all assets; covenants restrict new debt, liens, or business changes, subject to exceptions.
  • Prepayment allowed with a 10% premium; default rate adds 2% to the stated interest rate.
  • Proceeds earmarked to repay in full an existing credit facility with Capital Foundry Funding.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freight Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-029831), on June 23, 2026, and is solely responsible for the information contained therein.

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