NetworkNewsBreaks – Freight Technologies Inc. (N
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Posted On: 10/04/2022 4:33:08 PM
NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Positioned for Continued Growth Amid Prevailing Market Trends
Freight Technologies (NASDAQ: FRGT), a company that simplifies cross-border shipping and daily carrier operations through its B2B marketplace Fr8App, recently filed a Form F-1 with the Securities and Exchange Commission (“SEC”). “In the recently filed Form F-1, Fr8Tech, a British Virgin Islands-incorporated technology company developing supply chain optimization and automation solutions and providing its Fr8App platform for B2B cross-border shipping, registered more than 19 million ordinary shares for resale by selling shareholders identified in the form… Fr8Tech CEO Javier Selgas commented, ‘We are incredibly proud of our team, and thank them for their work and dedication to deliver our F-1 registration, which positions us to be able to grow as a public company. Delivering our registration statement puts us in a position to continue to work with the capital markets to foster the growth of our company,’” a recent article reads. “The efforts to grow the company are timely considering the prevailing trends in the North American freight transportation market… Fr8Tech, which is snugly positioned to benefit from this growth, expects the market to continue growing at rates at least equal to historical values, according to the recent filing.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Freight Technologies (NASDAQ: FRGT), a company that simplifies cross-border shipping and daily carrier operations through its B2B marketplace Fr8App, recently filed a Form F-1 with the Securities and Exchange Commission (“SEC”). “In the recently filed Form F-1, Fr8Tech, a British Virgin Islands-incorporated technology company developing supply chain optimization and automation solutions and providing its Fr8App platform for B2B cross-border shipping, registered more than 19 million ordinary shares for resale by selling shareholders identified in the form… Fr8Tech CEO Javier Selgas commented, ‘We are incredibly proud of our team, and thank them for their work and dedication to deliver our F-1 registration, which positions us to be able to grow as a public company. Delivering our registration statement puts us in a position to continue to work with the capital markets to foster the growth of our company,’” a recent article reads. “The efforts to grow the company are timely considering the prevailing trends in the North American freight transportation market… Fr8Tech, which is snugly positioned to benefit from this growth, expects the market to continue growing at rates at least equal to historical values, according to the recent filing.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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