Freight Technologies Releases Pro Forma Financial Statements for JAK Solar Acquisition

Core Viewpoint - Freight Technologies, Inc. has completed the acquisition of JAK Solar Loans 1 Limited, which is expected to enhance its asset base and contribute to recurring cash flows over time [5]. Financial Information - The unaudited pro forma financial statements include a balance sheet as of September 30, 2025, and statements of operations for the nine months ended September 30, 2025, and the year ended December 31, 2024 [2]. - The pro forma financial statements are prepared as if the acquisition had occurred on January 1, 2024, for the statements of operations and on September 30, 2025, for the balance sheet [2][3]. Company Overview - Freight Technologies, Inc. is a logistics management innovation company that offers a diverse portfolio of technology-driven solutions, including AI and machine learning applications to optimize supply chain processes [6]. - The company's solutions include Fr8App for B2B cross-border shipping, Fr8Now for less-than-truckload shipping, Fr8Fleet for enterprise clients, Waavely for ocean freight booking, Fleet Rocket for transportation management, and Zayren.ai for pricing prediction and carrier matching [6].