FRGT Freight Technologies, Inc.

BEARISH Impact: 6/10 6-K
Horizon days Filed May 13, 2026 Processed 1mo ago SEC 0001493152-26-022627
Notable filing: 6-K
Latest settled — T+5d
FRGT ▼ -30.25% at T+5d
SHORT call ✓ call won +30.25% · α vs SPY +29.09% · entry $4.65 → $3.24
Next anchor: T+20d due 2d ago
Currently $3.37 · +27.45% from $4.65 entry (call sign-flipped)
Entry anchored
May 12, 03:43 PM ET
via Databento tick
T+1d
-34.34%
call +34.34% · α +35.12%
$3.05
settled 4w ago
T+5d
-30.25%
call +30.25% · α +29.09%
$3.24
settled 24d ago
T+20d
call — · α —
due 2d ago
T+60d
call — · α —
in 8w

Price Chart

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Executive Summary

Freight Technologies announced a 1-for-5 reverse stock split approved on April 27, 2026, effective May 18, 2026, to boost its share price above the $1.00 Nasdaq minimum bid requirement and avoid delisting. The split reduces outstanding shares from 2,860,626 to 572,125, with no change in authorized shares. This is a distress-driven capital structure adjustment, not a fundamental improvement.

Actionable Insight

Reverse splits in micro-cap distress stocks often lead to further selling pressure post-split as the fundamental issues remain unresolved. Monitor for any subsequent Nasdaq non-compliance notice or capital raise filing. The stock's historical performance shows consistent negative returns on prior bullish calls—avoid long positions.

Key Facts

  • Reverse split ratio: 1-for-5, effective May 18, 2026
  • Outstanding shares reduced from 2,860,626 to 572,125
  • Explicitly intended to meet Nasdaq $1.00 minimum bid price requirement for continued listing
  • Market cap is only $2M, indicating severe financial distress
  • No financial results or guidance provided in this filing

Financial Impact

No dollar amounts reported; the split is a mechanical share consolidation with no change in market cap or fundamentals. The $2M market cap underscores extreme distress.

outstanding sharesshare price

Risk Factors

  • Post-split selling pressure as weak holders exit
  • Continued risk of Nasdaq delisting if bid price fails to hold above $1.00
  • No operational improvement disclosed; underlying business fundamentals remain opaque

Market Snapshot

Exchange
Nasdaq
Sector
Arrangement of Transportation of Freight & Cargo
Analyst Consensus
86% bullish (7 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
6-K Filing (Primary)0001493152-26-022627
Exhibit: ex99-1.htm0001493152-26-022627
Document: 0001493152-26-022627-index-headers.html0001493152-26-022627
Document: 0001493152-26-022627-index.html0001493152-26-022627
Document: 0001493152-26-022627.txt0001493152-26-022627
5 reports for FRGT
Performance horizon
25% Hit rate 1 of 4 directional calls best @ T+1▲ +10.99%Apr 2, 2026
Filters
Rows
Reports for FRGT — sortable, filterable
Type Now
May 14, 2026
29d ago
20-F
BEARISH ★ 7/10
$2.55 $3.95▼ −54.90%▼ −53.94%$3.37 (−32.16%)
May 13, 2026
4w ago
6-K
BEARISH ★ 6/10
$4.65 $3.24▲ +30.25%▲ +29.09%$3.37 (+27.45%)
Apr 21, 2026
7w ago
6-K
BULLISH ★ 6/10
$4.45 $3.93▼ −11.69%▼ −12.77%$3.37 (−24.27%)
Apr 7, 2026
9w ago
6-K
BULLISH ★ 7/10
$4.70 $4.41▼ −6.28%▼ −11.61%$3.37 (−28.30%)
Apr 2, 2026
10w ago
6-K
BULLISH ★ 7/10
$4.55 $4.07▼ −10.66%▼ −14.28%$3.37 (−25.93%)
Showing 5 of 5

US Market Status

Market Closed — Opens Mon (47h 26m)

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