Freight Technologies Regains Compliance with Nasdaq Listing Requirements

HOUSTON, Oct. 10, 2024 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced that on October 9, 2024 it received written notice from the Listing Qualifications Staff of the Nasdaq Stock Market (“Nasdaq”) stating that the Company regained compliance with the minimum bid price requirement (“Minimum Bid Price Requirement”) set forth in Nasdaq Listing Rule 5550(a)(2) and that the matter is now closed.