Summary by Moomoo AI
Freight Technologies, Inc. has entered into a Sales Agent Agreement with Alliance Global Partners on May 22, 2024. The agreement allows Freight Technologies to offer and sell its ordinary shares, with a par value of $1.10 each, through AGP as the sales agent. The shares may be sold at a total offering price of up to $2,300,000. However, there is no obligation for the company to sell any shares under this agreement. AGP will endeavor to sell the shares according to the company's instructions and in compliance with legal and Nasdaq regulations. The agreement is set to terminate upon the sale of all shares, the expiration of the registration statement, or by other termination conditions outlined in the agreement. Freight Technologies will compensate...Show More
