Workflow
Freight Technologies Announces Adjournment of Annual Meeting of Stockholders
FRGTFr8Tech(FRGT) GlobeNewswire News Room·2024-12-12 23:04

Annual Meeting Adjournment - The 2024 Annual Meeting of Stockholders was adjourned from December 12, 2024, to December 13, 2024, to allow additional time for stockholders to vote on proposals [1] - At the time of adjournment, proxies representing 44.67% of the company's common stock had been submitted, which was insufficient to constitute a quorum [2] - During the adjournment period, the company and its proxy agent, Broadridge Financial Solutions, will continue to receive votes from stockholders [3] - Proxies already received remain valid for the adjourned meeting, and shareholders are encouraged to vote online if they have not yet done so [4] Company Overview - Freight Technologies Inc (Fr8Tech) is a logistics management innovation company offering technology-driven solutions to address challenges in the supply chain ecosystem [5] - The company's portfolio includes the Fr8App platform for cross-border shipping, Fr8Now for less-than-truckload shipping, Fr8Fleet for dedicated capacity in Mexico, and Waavely for ocean freight booking and management [5] - These interconnected solutions aim to improve matching and operational efficiency through live pricing, real-time tracking, digital freight marketplace, brokerage support, transportation management, fleet management, and committed capacity solutions [5] - The company is headquartered in Houston, Texas [5]