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-0.0241724137931035 -0.0275862068965517 -0.117241379310345 -0.0620689655172414 -0.121241379310345 -0.127586206896552 -0.147310344827586 -0.144137931034483
Stock impact report

Freight Technologies Announces Deal to Acquire JAK Solar

Freight Technologies, Inc. - Ordinary Shares (FRGT) 
Company Research Source: GlobeNewswire
HOUSTON, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, announced that it has entered into a share purchase agreement to acquire JAK Solar Loans 1 Limited (“JAK Solar”). JAK Solar operates a scalable platform focused on the ownership and servicing of residential solar-related financial contracts, supported by established servicing arrangements and predictable payment structures. As of November 30, 2025, JAK Solar owned a portfolio of 62 active and performing U.S.-based residential solar loans with aggregate outstanding principal and interest through maturity of approximately $1.85 million and a weighted average maturity of 9.6 years. Upon closing, the acquisition will expand Freight Technologies’ asset base through Jak Solar’s portfolio of contracted, long-duration financial assets tied to residential renewable energy syst Show less Read more
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