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SHF Holdings, Inc. Announces Proposed Business Combination with Opifex Media and Reports Conversion of Series B Preferred Stock

Source: Nasdaq

M&A & Restructuring

SHF Holdings, Inc. signed a non-binding term sheet with Opifex Media Inc. for a proposed business combination. The proposal calls for Opifex to merge with a newly formed, wholly owned Safe Harbor subsidiary, with Opifex security holders to receive consideration; the provided article text ends before specifying that consideration.

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