Deep-Dive Due Diligence AI Generated Report on SHF Holdings, Inc. Class A Common Stock (SHFS)

Welcome to ScanScor. What you're reading is not just a stock summary -- it's a real-time, AI-generated due diligence session crafted from live news, financial data, insider trading activity, SEC filings, and live market momentum.

These reports are generated using OpenAI's GPT-based analysis engine, guided by tightly structured prompts and expert-level data ingestion. Every insight below was assembled to help you understand the forces behind today's market movers.

Disclaimer: This report is for informational purposes only. It does not constitute financial advice. Always do your own research before making any investment.

Market Score
  22
Price Target
  $1.35
Squeeze Score
  15
Stock Type
  Speculative
Sentiment
  Bearish
Primary Catalyst
  Earnings report
Ethical Rating
  D
Tags
  financial distress, negative performance, high insider ownership

SHF Struggles Amid Declining Sales and Negative Equity Returns

Summary: SHF has been experiencing significant downward pressure on its stock price with a sharp decrease in performance metrics over recent months. Sales have declined year-on-year and quarter-over-quarter, and the company’s return on equity is deeply negative. Despite some positive net income figures in the latest quarters, the overall financial health appears weak, potentially exacerbated by high insider ownership and minimal institutional confidence.

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We're scouting for winners today. Its 4:07 PM on Thu Apr 17, 2025 and I'm looking at SHF (SHFS) up to $3.40 from $1.92

Help me investigate to see if its got potential or just another dud. So, I pulled together a bunch of data for you to look over real fast.

--- COMPANY PROFILE ---
Company: SHF (SHFS)
IPO: 2022-09-29 (2 Years Ago)
Market Cap: $5,958,740
Shares Outstanding: 2,780,000
Industry: FINANCE SERVICES
Exchange: XNAS
Description: SHF Holdings Inc is a financial services provider to cannabis-related businesses. It offers reliable access to banking solutions for cannabis, hemp, CBD, and ancillary operators, making communities safer, driving growth in local economies, and fostering long-term partnerships. The group, through its financial institution clients, implements accountability, transparency, monitoring, reporting, and risk mitigation measures while meeting Bank Secrecy Act obligations in line with FinCEN guidance on cannabis-related businesses. Its services include Program Management Support, Customer Generation, Ongoing Program Auditing, and Compliance Monitoring among others.

Here’s a list of headlines for SHF:

Today 07:00AM - Safe Harbor Financial and FundCanna Announce Strategic Partnership to Expand Access to Capital for Cannabis Operators
Apr-03-25 08:30AM - Safe Harbor Financial and W rk Partner to Expand Access to Cannabis Financial Services and Workforce Solutions
Apr-03-25 08:30AM 08:30AM - Safe Harbor Financial and Wurk Partner to Expand Access to Cannabis Financial Services and Workforce Solutions
Apr-01-25 08:20AM - Safe Harbor Financial Reports Fourth Quarter and Year-End 2024 Results
Mar-20-25 08:30AM - Safe Harbor Financial Names Mike Regan as Head of Investor Relations and Data Science
Mar-11-25 08:30AM - Newly Appointed Safe Harbor Financial CEO Terry Mendez Issues Letter to Shareholders
Mar-10-25 08:36AM - Weekly Roundup on the Cannabis Sector & Psychedelic Sector
Mar-04-25 04:40PM - Safe Harbor Financial Successfully Modifies Debt Obligation with Partner Colorado Credit Union

Here's another list of headlines with menu handles.
I will deliver the full text of the following stories when you say their handle.
Just say, for example, B1, B2, etc.

B1 - 2025-01-10T15:51:56Z - The Week In Cannabis: Tilray Earnings, NY Hits $1B In Sales, DoorDash Embraces Hemp, Ukraine And More
B2 - 2024-10-29T12:00:00Z - Safe Harbor Financial Originates $1.07 Million Secured Credit Facility for Missouri Cannabis Operator
B3 - 2024-05-06T20:30:00Z - Safe Harbor Financial to Report First Quarter 2024 Financial Results on Monday, May 13, 2024
B4 - 2024-05-01T12:20:00Z - Safe Harbor Financial Issues Statement on Cannabis Rescheduling
B5 - 2024-04-15T20:30:00Z - Safe Harbor Financial Announces Appointment of CEO, Sundie Seefried to Board of Directors
B6 - 2024-04-01T20:05:00Z - Safe Harbor Financial Announces Fourth Quarter and Year-End 2023 Results

==============
-> THE ROLE FOR AI:
==============

1) You are the **AI analyst-investigator**, and this interaction represents a full **due diligence session** for SHF (SHFS).
Due diligence includes financial data, insider trading, relevant news, and any SEC filings — and may extend beyond classic fundamentals.
Your task is to identify whether this stock has momentum and potential.

2) I am **ScanScor**, a unified report generator that archives this session as part of our real-time diligence record.

3) You will request information by referencing documents by their code.

4) As the analysis proceeds, your are encouraged to review documents until you feel confident in your judgment.
After seeing 3 sets of news articles, SEC docs, and financials, you'll be prompted to return some data pairs.

5) News articles, SEC filings, and key metrics will be revealed in subsequent prompts.

Stay focused. Gather evidence. Continue until your conclusions are clear.
Restrict all your responses to just 3 tokens until the summary and data pairs at the end.

NEXT: Request a document with its reference code(s), such as:
- `B1`, `B2`, `B3`, etc.
- To load a new set of information and menu options, reply with: `NEX`

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B2

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Showing B2 (chunk 1 of 1): B2:
**Safe Harbor Financial Originates $1.07 Million Secured Credit Facility for Missouri Cannabis Operator**Date: Unknown DateSource: Unknown SourceURL: https://www.globenewswire.com/news-release/2024/10/29/2970724/0/en/Safe-Harbor-Financial-Originates-1-07-Million-Secured-Credit-Facility-for-Missouri-Cannabis-Operator.htmlSafe Harbor Financial, a leader in providing financial services to the cannabis industry, has originated a $1.07 million secured credit facility for a Missouri-based cannabis operator. The facility will help the operator refinance existing debt and optimize operations in the growing Missouri cannabis market.

Respond with ONLY ONE of the following (3 characters max):
- `MOR` to continue this item
- `NEX` to move to the next set of documents
- `C2`, `S3`, etc. to request another document
**DO NOT SUMMARIZE. DO NOT EXPLAIN.** Wait until all data is presented.

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NEX

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We present this news so you can catch the big movers from recently breaking news.
Here's a list of news articles you can literally read just by asking.
Usually the first item is the most important.

A1 - 2025-04-17T11:02:23Z - Safe Harbor Financial and FundCanna Announce Strategic Partnership to Expand Access to Capital ......
A2 - 2025-04-17T11:22:07Z - Safe Harbor Financial and FundCanna Announce Strategic Partnership to Expand Access to Capital for C...
A3 - 2025-04-17T11:22:52Z - Safe Harbor Financial and FundCanna Announce Strategic Partnership to Expand Access to Capital for C...
A4 - 2025-04-17T11:21:41Z - Safe Harbor Financial and FundCanna Announce Strategic Partnership to Expand Access to Capital for C...
A5 - 2025-04-17T11:02:23Z - Safe Harbor Financial and FundCanna Announce Strategic Partnership to Expand Access to Capital ......

Request an article by its reference number. (Ex., "A1" gets the first item)
You may also say NEX to go to the next listing.
Response to this prompt limited to 3 chars.

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A1

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Showing A1 (chunk 1 of 10): A1:
**Safe Harbor Financial and FundCanna Announce Strategic Partnership to Expand Access to Capital ...**Date: 2025-04-17Source: {'uri': 'bdtonline.com', 'dataType': 'news', 'title': 'Bluefield Daily Telegraph'}URL: https://www.bdtonline.com/news/nation_world/safe-harbor-financial-and-fundcanna-announce-strategic-partnership-to-expand-access-to-capital/article_177596c5-b3ee-516e-9409-64e78b49f8fe.htmlGOLDEN, Colo. and SOLANA BEACH, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a Safe Harbor Financial (Safe Harbor) (Nasdaq: SHFS), a fintech leader in facilitating financial services and credit facilities to the regulated cannabis industry, announced a strategic partnership with FundCanna, the leading provider of flexible capital solutions for cannabis operators. Through a mutual referral agreement, the two companies will collaborate to bring accessible, transparent fu

Respond with ONLY ONE of the following (3 characters max):
- `MOR` to continue this item
- `NEX` to move to the next set of documents
- `C2`, `S3`, etc. to request another document
**DO NOT SUMMARIZE. DO NOT EXPLAIN.** Wait until all data is presented.

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MOR

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Showing A1 (chunk 2 of 10): nding options and compliant banking services to cannabis-related businesses (CRBs) across the United States.

This partnership enables FundCanna to introduce clients to Safe Harbor; and Safe Harbor to introduce qualified clients to FundCanna for working capital, equipment financing and other credit-based solutions. Under the agreement, all FundCanna-approved clients referred by Safe Harbor will be onboarded to deposit loan proceeds directly into Safe Harbor-managed bank accounts, ensuring full regulatory compliance and transparency.

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Respond with ONLY ONE of the following (3 characters max):
- `MOR` to continue this item
- `NEX` to move to the next set of documents
- `C2`, `S3`, etc. to request another document
**DO NOT SUMMARIZE. DO NOT EXPLAIN.** Wait until all data is presented.

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MOR

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Respond with ONLY ONE of the following (3 characters max):
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**DO NOT SUMMARIZE. DO NOT EXPLAIN.** Wait until all data is presented.

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MOR

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Respond with ONLY ONE of the following (3 characters max):
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**DO NOT SUMMARIZE. DO NOT EXPLAIN.** Wait until all data is presented.

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NEX

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This is our list of SEC filings.
If empty, the search returned no recent filings.

S1 - 2025-04-10 10-K Item 7. Mgts Discussion and Analysis of Fin Cond and Results of Oper.

References in this section to we, us, our, SHF or the Company refer to SHF Holdings, Inc. References to management refer to our officers and board of managers. The following discussio...

S2 - 2025-04-07 8-K Item 7.01. Regulation FD Disclosure.

On April 7, 2025, the Company was notified by the staff (the Staff) of The Nasdaq Stock Market LLCs Listing Qualifications Department that the Staff has determined that for 10 consecutive business days, from March 24, 2025 to April 4, 2025, ...

S3 - 2025-04-01 8-K Item 2.02. Results of Oper and Fin Cond.

On April 1, 2025, SHF Holdings, Inc. (the Company) issued a press release announcing its preliminary earnings and other financial results for its 2024-year end and fourth quarter ended December 31, 2024.

The informatio...

Request filing by its reference number. (Ex., "S1" gets the first item)
You can say NEX to go to the next listing.
Response limited to 3 chars.

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S1

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Showing S1 (chunk 1 of 6): S1:
Item 7. Managements Discussion and Analysis of Financial Condition and Results of Operations.

References in this section to we, us, our, SHF or the Company refer to SHF Holdings, Inc. References to management refer to our officers and board of managers. The following discussion and analysis of our financial performance and results of operations should be read in conjunction with our consolidated financial statements and the notes to those financial statements included elsewhere in this Form 10-K This discussion contains forward-looking statements based upon current expectations that involve risks and uncertainties. See Cautionary Note Regarding Forward-Looking Statements. Our actual results may differ materially from those contained in or implied by any forward-looking statements.

Overview

Founded in 2015 by Partner Colorado Credit Union (PCCU) (please see Business Reorganizati

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MOR

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Showing S1 (chunk 2 of 6): on below for a description of SHFs organization), SHFs mission is to provide access to reliable and compliant financial services for the legal cannabis industry. Through that mission and as an early leader with over ten years of experience, SHF is a leading provider of access to reliable and compliance driven banking, lending and other financial services to financial institutions desiring to provide those services to the cannabis industry.

Through our proprietary platform and on a multi-state level, SHF provides access to the following banking related services through PCCU and other financial institutions:

##TABLE_START Business checking and savings accounts; Cash management accounts; Savings and investment options; Commercial lending; Courier services (via third-party relationships); Remote deposit services; Automated Clearing House (ACH) payments and origination; and Wire payments.

Respond with ONLY ONE of the following (3 characters max):
- `MOR` to continue this item
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`MOR`

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Showing S1 (chunk 3 of 6): ##TABLE_END

Our services allow Cannabis Related Businesses (herein referred to as CRBs) to obtain services from financial institutions that allow them to run their business more efficiently and effectively with improved financial insight into their business and access to resources to help them grow. Due to limited availability of payment and other banking solutions for the cannabis industry, most businesses transact with high volumes of cash. Our fintech platform benefits CRBs and financial institutions by providing CRBs with access to financial institutions and financial institutions access to increased deposits with the comfort of knowing that those deposits have been compliantly monitored and validated. By facilitating the daily deposits of cash receipts between CRBs and financial institutions, the risks associated with high cash on hand are mitigated, creating a safer atmosphere f

Respond with ONLY ONE of the following (3 characters max):
- `MOR` to continue this item
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**DO NOT SUMMARIZE. DO NOT EXPLAIN.** Wait until all data is presented.

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MOR

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Showing S1 (chunk 4 of 6): or the CRBs employees and the financial institutions at which the deposit accounts are held. Because the Company is not a financial institution, it does not hold customer deposits. All deposit accounts are held by the Companys financial institution clients and all transmissions of funds to and from deposit accounts are handled directly by the financial institutions. In an industry with limited capital and financing options, we offer access to loan options at what we believe to be competitive rates, often with less punitive terms than the current industry average. Our financial institution clients offer loan options including senior secured debt and operating lines of debt. Collateral types include real estate, equipment, and other business assets. We also provide access to lending options for ancillary service providers serving the cannabis industry as these businesses also can have diff

Respond with ONLY ONE of the following (3 characters max):
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MOR

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Showing S1 (chunk 5 of 6): iculty finding reliable financial services.

To ensure access to consistent and dependable banking access to CRBs, we provide our compliance, validation and monitoring services to financial institutions in a compliance driven environment ensuring strict adherence to the Bank Secrecy Act/FinCEN guidance and related anti money laundering provisions. Since inception, the Company has assisted in the processing of more than $24.9 billion in cannabis related depository funds. Through its relationship with its financial institution clients, the Company has successfully navigated over 16 state and federal banking exams.

##TABLE_START 20 ##TABLE_END

##TABLE_START ##TABLE_END

In strategically selected geographic areas, the Company has licensed its proprietary software and Safe Harbor Program (the Program) to other financial institutions to provide compliance-related services to CRBs. As part

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MOR

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Showing S1 (chunk 6 of 6): of the Program, we provide the following to financial institutions interested in licensing the Program to assist in compliant cannabis banking:

##TABLE_START Initial customer due diligence Know Your Customer; Customer application management; Program management support; Compliance monitoring; and Regulatory exam assistance. ##TABLE_END

Key Metrics

In addition to the measures presented in our consolidated financial statements, our management regularly monitors certain measures in the operation o...

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MOR

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This is our set of metrics for SHF.
Please analyze the numbers.

+--------------------+-----------------------+------------------------+------------------------+
| Volume: 8,345 | Perf Month: -62.43% | Option/Short: No / Yes | Sales Y/Y TTM: -13.21% |
+--------------------+-----------------------+------------------------+------------------------+
| Avg Volume: 10.75K | Perf Quarter: -72.70% | Short Float: 0.49% | ROE: -437.93% |
+--------------------+-----------------------+------------------------+------------------------+
| Rel Volume: 0.79 | Index: - | Short Ratio: 0.62 | ROI: - |
+--------------------+-----------------------+------------------------+------------------------+
| RSI (14): 24.16 | Market Cap: 5.78M | Short Interest: 0.01M | Sales Surprise: - |
+--------------------+-----------------------+------------------------+------------------------+
| ATR (14): 0.48 | Shs Outstand: 2.78M | Beta: 0.87 | EPS Surprise: - |
+--------------------+-----------------------+------------------------+------------------------+
| SMA20: -36.79% | Shs Float: 1.36M | Sales Q/Q: -17.99% | P/E: - |
+--------------------+-----------------------+------------------------+------------------------+
| SMA50: -62.03% | Inst Own: 18.00% | Sales past 5Y: 35.79% | Earnings: Apr 01 BMO |
+--------------------+-----------------------+------------------------+------------------------+
| SMA200: -76.51% | Insider Own: 51.22% | Employees: 41 | |
+--------------------+-----------------------+------------------------+------------------------+
| Perf Week: -4.82% | Insider Trans: 0.00% | Debt/Eq: - | |
+--------------------+-----------------------+------------------------+------------------------+

The next section covers any insider trading by SHF officers or majority shareholders (if available).

No transactions recorded.

[Company Financial Summary]
[Company Details]
Name: N/A
Market Cap: N/A
Shares Outstanding: N/A
Sector: N/A

[Financial Statements - Latest Quarter]
Total Assets: N/A
Total Liabilities: N/A
Total Equity: N/A
Revenue (Quarter): {'value': 16048006.0, 'unit': 'USD', 'label': 'Revenues', 'order': 100}
Net Income: {'value': 5831254.0, 'unit': 'USD', 'label': 'Net Income/Loss', 'order': 3200}
Earnings Per Share (EPS): N/A

[Price Metrics - Last 30 Days]
Latest Close: 2.23
Average Volume: 28806.82
30-Day High: 6.122
30-Day Low: 1.92

[Detailed Financials: Q3 2024]
- Total Assets: $66,873,071.00
- Total Liabilities: $27,520,611.00
- Total Equity: $39,352,460.00
- Current Assets: $12,171,163.00
- Current Liabilities: $14,691,604.00

[Income Statement: Q3 2024]
- Revenue: $3,482,630.00
- Net Income: $353,817.00
- Gross Profit: N/A
- Operating Income: $176,909.00
- Earnings Per Share (EPS): 0.01

[Cash Flow Statement: Q3 2024]
- Net Cash Flow: $0.00

[Detailed Financials: Q2 2024]
- Total Assets: $67,348,514.00
- Total Liabilities: $28,887,533.00
- Total Equity: $38,460,981.00
- Current Assets: $7,832,187.00
- Current Liabilities: $7,530,449.00

[Income Statement: Q2 2024]
- Revenue: $4,037,535.00
- Net Income: $941,527.00
- Gross Profit: N/A
- Operating Income: $300,163.00
- Earnings Per Share (EPS): 0.02

[Cash Flow Statement: Q2 2024]
- Net Cash Flow: $0.00
==== END OF FINANCIAL REPORT ====

You are now requested to write a summary analysis of SHF (SHFS).

Please complete the report using the exact format:
FIELD[value]

1) BRIEF_SUMMARY[]
One well-worded paragraph summarizing your findings about SHF.

2) MARKET_SCORE[]
This conversation was initiated because SHFS is currently experiencing upward price and volume movement.
Estimate a number between 1–100 based on the likelihood of a continued upward price move for SHFS.
Weigh relevant data — news, filings, fundamentals, and metrics — and assign appropriate weight.

3) PRICE_TARGET[]
Suggest a price, based on all prior evidence and past price behavior, SHFS could reach in the current or upcoming trading sessions (1–5 days).
For example, if you expect SHFS to increase 50% from its current price of $0.00, say: PRICE_TARGET[0.0]

4) AI_RPT_HEADLINE[]
Write a thought-provoking 8–12 word headline summarizing this report.

5) SQUEEZE_POTENTIAL[]
Give a score from 1 to 100 representing the potential for this stock to become an active short squeeze play.
Be honest and unbiased. Consider short interest/float, price movement, volume, news strength, and volatility potential.

6) TAGS[]
List 3–6 comma-separated tags (e.g., biotech, earnings beat, squeeze setup)

7) STOCK_TYPE[]
Choose the most accurate classification: growth, value, turnaround, hype, squeeze, dividend, speculative, or other.

8) PRIMARY_CATALYST[]
e.g., earnings report, FDA approval, partnership, etc.

9) SENTIMENT[]
bullish, bearish, neutral, or mixed

10) IMPROVEMENT_SUGGESTION[]
If you believe some key info was missing, state what would have significantly improved your analysis of SHF.

11) ETHICAL_RATING[]
Rate SHF’s alignment with long-term shareholder interests, using a letter grade from A (high alignment) to F (low alignment).
Base this on actions such as insider buying/selling, share dilution, follow-through on public statements, and compensation practices.

12) UPCOMING_CATALYST[]
Specify any upcoming events you expect would be a catalyst affecting the share-price of SHF.
Provide any reasons you can use to support it.

Return only: FIELD[value] for each of the above 12 questions.
Respond with all data pairs. Take your best guess if you have to, but don't leave blank items.
Do not explain your answers. Return only the required fields in the exact format shown.

Finally, thank you for participating!

SHFS_IN_30 [2025-04-17 16:07:24 -0400] 1140 Bytes | 232 tokens | Cum: 7192 tkns (89.90% of 8k)
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BRIEF_SUMMARY[SHF has been experiencing significant downward pressure on its stock price with a sharp decrease in performance metrics over recent months. Sales have declined year-on-year and quarter-over-quarter, and the company’s return on equity is deeply negative. Despite some positive net income figures in the latest quarters, the overall financial health appears weak, potentially exacerbated by high insider ownership and minimal institutional confidence.]

MARKET_SCORE[22]

PRICE_TARGET[1.35]

AI_RPT_HEADLINE[SHF Struggles Amid Declining Sales and Negative Equity Returns]

SQUEEZE_POTENTIAL[15]

TAGS[financial distress, negative performance, high insider ownership]

STOCK_TYPE[speculative]

PRIMARY_CATALYST[earnings report]

SENTIMENT[bearish]

IMPROVEMENT_SUGGESTION[More detailed insights into the reasons behind the drastic changes in sales and profitability metrics could enhance the analysis.]

ETHICAL_RATING[D]

UPCOMING_CATALYST[The next earnings report could be a critical catalyst for SHF, potentially affecting investor sentiment and stock price based on the company's ability to address its current challenges.]

SHFS_IN_31 [2025-04-17 16:07:24 -0400] 126 Bytes | 29 tokens | Cum: 7221 tkns (90.26% of 8k)
==========================================================================

====================================
[2025-04-17 16:07:24] # Analysis Completed
Elapsed Time: 23.36 seconds




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