Summary by Moomoo AI
On December 4, 2024, Freight Technologies announced it no longer qualifies as a "foreign private issuer" under SEC rules. Consequently, the company will now file as a fully domestic U.S. company, starting with Current Reports on Form 8-K. The transition includes filing Quarterly Reports on Form 10-Q beginning with the period ending March 31, 2024, and Annual Reports on Form 10-K for fiscal year 2024. Additionally, Freight Technologies will submit proxy statements for shareholder meetings. This change aims to align the company's reporting with domestic standards, enhancing transparency and compliance. The company, known for its technology-driven logistics solutions, continues to focus on optimizing supply chain processes through its diverse platform offerings.