Security
Northern Lights Acquisition Corp. · NLIT
NLITNASDAQCommon stockHistorical · closed Sep 28, 2022CIK 1854963Updated Oct 7, 2026
Name history
Northern Lights Acquisition Corp. · through Sep 28, 2022
Current security for this SEC filerSHFS · NASDAQ
NLIT price & chart
Historical security
This listing closed Sep 28, 2022. Live provider charts are shown only for current listings.
Current security: SHFS
About the company
The Company was founded in 2015 as a solution to a major problem that plagued the nascent legalized cannabis industry in Colorado - access to reliable and compliant financial services. Cannabis-related funds were already finding their way into the financial system, including via hidden, misrepresented accounts and unlawful banking practices. Based upon our research, we determined that the appropriate step was to protect the financial system from criminal activity and provide legitimacy to the legal state CRBs. From decades of regulatory and banking experience, we created a detailed compliance program to assist financial institutions desiring to provide safe and sound financial services that would accomplish industry accountability and protect the financial system. The compliance program provides onboarding, validation and monitoring services to financial institutions desiring to provide traditional banking services to all types of marijuana, hemp, and CBD businesses, and to ancillary businesses that provide services to the cannabis industry. These ancillary businesses include payroll companies, payment processors, and professionals providing services to and receiving payment from C…
In the news
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Recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 3.03, 5.03, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
424B7 filing
Show 5 more recent filings
SCHEDULE 13G/A - filed by M3 PARTNERS LP regarding SHF Holdings, Inc.
EFFECT filing
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Other Events
Items 5.02, 8.01, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 17,207,024Source | 13,218,287Source | 67,860,909Source | 99,342,856Source |
| Property, Plant and Equipment, NetUSD | — | 3,154Source | 84,220Source | 49,614Source |
| GoodwillUSD | — | — | 6,058,000Source | 19,266,276Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | 8,790,347Source | 5,699,464Source | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 6,779,040Source | 2,324,647Source | 4,888,769Source | 8,390,195Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,000,000Source | — | — | 1,401,839Source |
| Assets, CurrentUSD | 12,198,582Source | 11,700,687Source | 7,761,229Source | 10,231,172Source |
| Operating Lease, Right-of-Use AssetUSD | 547,186Source | 703,524Source | 859,861Source | 1,016,198Source |
| Other Assets, NoncurrentUSD | 15,510Source | — | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 8,971,116Source | 25,506,301Source | 33,505,598Source | 94,229,731Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | — | 1Source |
| Common Stock, Value, IssuedUSD | 428Source | 278Source | 5,458Source | 2,374Source |
| Additional Paid in CapitalUSD | 131,152,020Source | 108,467,253Source | 105,919,674Source | 44,806,031Source |
| Retained Earnings (Accumulated Deficit)USD | -122,916,543Source | -120,755,545Source | -71,569,821Source | -39,695,281Source |
| Stockholders' Equity Attributable to ParentUSD | 8,235,908Source | -12,288,014Source | 34,355,311Source | 5,113,125Source |
| Liabilities and EquityUSD | 17,207,024Source | 13,218,287Source | 67,860,909Source | 99,342,856Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 6,499,724Source | 12,684,520Source | 7,896,584Source | 49,571,192Source |
| Operating Lease, Liability, CurrentUSD | 181,963Source | 161,952Source | 132,546Source | 20,124Source |
| Accounts Payable, CurrentUSD | — | — | — | 2,851,457Source |
| Operating Lease, Liability, NoncurrentUSD | 528,552Source | 712,882Source | 875,447Source | 1,008,109Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 1,310,463Source | 1,301,378Source | 1,008,987Source | 6,354,485Source |
| Deferred Revenue, CurrentUSD | 15,415Source | — | — | — |
| Deferred Tax Liabilities, NetUSD | — | — | 43,829,019Source | — |
| Long-term DebtUSD | — | — | 55,646,653Source | 18,898,042Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -2,160,998Source | — | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 3,155Source | 711,929Source | 1,373,707Source | 189,274Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,523,489Source | 1,575,952Source | 3,711,367Source | 2,806,336Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -103,233Source | 12,734Source | -81,183Source | 653,425Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | 508,544Source |
| Deferred Income Tax Expense (Benefit)USD | — | 43,859,686Source | -1,829,701Source | -9,249,499Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -3,417,700Source | 430,477Source | -832,144Source | 1,697,380Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 442,186Source | 12,394Source | -2,180,448Source | -2,897,429Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | 208,434Source | 17,318Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 7,429,907Source | -3,006,993Source | -488,834Source | 4,094,339Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 4,454,393Source | -2,564,122Source | -3,501,426Source | 2,894,290Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 388,457Source | 416,852Source | 450,258Source | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 1,485,558Source | 1,575,952Source | 3,710,000Source | 2,810,000Source |
| Amortization of Debt Issuance CostsUSD | 59,857Source | — | — | — |
| Amortization of Intangible AssetsUSD | — | 630,863Source | — | — |
| DepreciationUSD | — | 81,066Source | 173,828Source | 10,361Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | — | — | 939,019Source |
| Gain (Loss) on Extinguishment of DebtUSD | 3,336,213Source | — | — | — |
| General and Administrative ExpenseUSD | 3,294,275Source | 4,018,094Source | 6,568,662Source | 2,390,539Source |
| GoodwillUSD | — | — | 6,058,000Source | 19,266,276Source |
| Goodwill, Impairment LossUSD | — | 6,058,000Source | 13,208,276Source | 0Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | 3,090,881Source | 5,699,463Source | — |
| Income Tax Expense (Benefit)USD | -58,470Source | 43,859,686Source | -1,829,701Source | -9,252,893Source |
| InterestExpenseNonoperatingUSD | 492,643Source | 533,390Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -2,160,998Source | -48,319,475Source | -17,279,847Source | -35,128,083Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -2,402,433Source | — | — | — |
| Nonoperating Income (Expense)USD | 3,179,742Source | 2,631,697Source | 1,602,771Source | -42,183,136Source |
| Operating ExpensesUSD | 13,072,742Source | 22,334,046Source | 38,275,222Source | 11,676,659Source |
| Operating Lease, ExpenseUSD | 232,773Source | 258,477Source | — | — |
| Operating Lease, Impairment LossUSD | -7,981Source | — | — | — |
| Provision for Loan, Lease, and Other LossesUSD | — | — | 290,857Source | 506,212Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 7,673,532Source | 15,242,560Source | 17,562,903Source | 9,478,819Source |
| Operating Income (Loss)USD | -5,399,210Source | -7,091,486Source | -20,712,319Source | -2,197,840Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -2,219,468Source | -4,459,789Source | -19,109,548Source | -44,380,976Source |
| Income Tax Expense (Benefit)USD | -58,470Source | 43,859,686Source | -1,829,701Source | -9,252,893Source |
| Net Income (Loss) Attributable to ParentUSD | -2,160,998Source | -48,319,475Source | -17,279,847Source | -35,128,083Source |
| Earnings Per Share, BasicUSD per share | -0.82Source | -17.43Source | -0.41Source | -1.85Source |
| Earnings Per Share, DilutedUSD per share | -0.82Source | -17.43Source | -0.41Source | -1.85Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 2,921,648Source | 2,772,867Source | 42,574,563Source | 18,988,558Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 2,921,648Source | 2,772,867Source | 42,574,563Source | 18,988,558Source |
| Interest Expense (non-operating)USD | 492,643Source | 533,390Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 630,863Source | — | — |
| Current Income Tax Expense (Benefit)USD | -58,470Source | 30,665Source | — | -3,394Source |
| General and Administrative ExpenseUSD | 3,294,275Source | 4,018,094Source | 6,568,662Source | 2,390,539Source |
| Goodwill, Impairment LossUSD | — | 6,058,000Source | 13,208,276Source | 0Source |
| Interest ExpenseUSD | — | — | 1,113,466Source | 802,797Source |
| Interest Expense, DebtUSD | — | — | 663,208Source | — |
| Marketing and Advertising ExpenseUSD | — | — | — | 380,669Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -2,402,433Source | — | — | — |
| Nonoperating Income (Expense)USD | 3,179,742Source | 2,631,697Source | 1,602,771Source | -42,183,136Source |
| Operating ExpensesUSD | 13,072,742Source | 22,334,046Source | 38,275,222Source | 11,676,659Source |
| Operating Lease, ExpenseUSD | 232,773Source | 258,477Source | — | — |
Offerings
Registration 333-295616
Registration 333-297846
Registration 333-290979
Registration 333-290524
Filing attachments
ex99-1.htm · 8-K · 2026-10-06
Exhibit 99.1 Safe Harbor Announces Preliminary Third Quarter 2026 Deposit Results Trailing 14-day average deposits reach approximately $119.3 million as of quarter end, up 7.4% year-over-year and approximately 25% above the May 2025 low, as deposit growth accelerates for the second consecutive quarter Recent Federal Reserve rate increase expected to add approximately $150,000 investment income annually DENVER, October 6, 2026 - SHF Holdings, Inc., d/b/a Safe Harbor (the “Company” or “Safe Ha…
Read attachment ↗ex99-1.htm · 8-K · 2026-09-28
Exhibit 99.1 Safe Harbor Financial Announces the Implementation of a Reverse Stock Split DENVER, CO (September 28, 2026): SHF Holdings, Inc., d/b/a Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leading fintech platform serving the banking, lending, and financial services needs of the regulated cannabis and hemp industries, today announced that its Board of Directors has approved a reverse stock split of the Company’s common stock, par value $0.0001 per share, at a ra…
Read attachment ↗ex99-1.htm · 8-K · 2026-08-10
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Safe Harbor Financial Reports Second Quarter 2026 Results and Provides Corporate Update Second Quarter 2026 Revenue of Approximately $1.9 Million, Up 4.8% Year Over Year Loan Program Income Up 50.7% Year Over Year to Approximately $0.8 Million Average Deposit Balances Increased 6.8% Year Over Year to $108.4 Million, Reflecting Continued Momentum from Enhanced Marketing and a Customer-Focused Growth Strategy Cash and Cash Equivalents of $5.7 Mill…
Read attachment ↗ex99-1.htm · 8-K · 2026-08-05
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Safe Harbor Financial Series B Preferred Conversion Price and Warrant Exercise Price Reset to $1.5528 Following Conclusion of Temporary Reduction Period DENVER, Aug. 05, 2026 (GLOBE NEWSWIRE) - SHF Holdings, Inc., d/b/a Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leading fintech platform serving the banking, lending, and financial services needs of the regulated cannabis and hemp industries, announced the conclusion of …
Read attachment ↗ex107.htm · S-1 · 2026-07-31
Calculation of Filing Fee Tables S-1 SHF Holdings, Inc. ──────────────────────────────────── Table 1: Newly Registered and Carry Forward Securities ☐Not Applicable ─────────────────────────────────────────────────────────────────────────────── Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price …
Read attachment ↗ex99-1.htm · 8-K · 2026-05-18
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Safe Harbor Financial Reports First Quarter 2026 Results and Provides Corporate Update First Quarter 2026 Revenue of Approximately $2.0 Million, Up 2.2% Year Over Year Loan Program Income Up 55.6% Year Over Year to Approximately $0.8 Million Total Operating Expenses Down 4.7% Year Over Year Cash and Cash Equivalents of $5.9 Million and Stockholders’ Equity of $6.7 Million as of March 31, 2026 DENVER, CO (May 18, 2026): SHF Holdings, Inc., d/b/a…
Read attachment ↗