Freight Technologies (FRGT) regains Nasdaq compliance by maintaining minimum bid price requirement

From GlobeNewswire: 2024-10-10 09:05:00

Freight Technologies, Inc. (Nasdaq: FRGT) regained compliance with Nasdaq’s minimum bid price requirement. The company maintained a minimum $1.00 closing bid price for 10 consecutive trading days. Fr8Tech offers AI-powered solutions for supply chain optimization, including the Fr8App platform for cross-border shipping, Fr8Now for LTL shipping, Fr8Fleet for dedicated capacity, and Waavely for ocean freight booking. These platforms improve operational efficiency through live pricing, real-time tracking, digital freight marketplace, and transportation management. Fr8Tech warns of uncertainties that could affect future results, urging caution in relying on forward-looking statements.



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