Freight Technologies Engages IGNITION IR to Enhance Strategic Investor Relations Program
August 07 2024 - 9:00AM
Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech''), a
technology company whose custom-developed Fr8App, an
industry-leading freight-matching platform powered by AI and
machine-learning and offers a real-time portal for B2B cross-border
shipping and domestic shipping within the USMCA region, announced
today that as part of its ongoing strategy to enhance Fr8Tech
visibility with the institutional and retail investment community,
it has engaged IGNITION Investor Relations (“Ignition”), a New
Jersey based firm, to provide market awareness and investor
relations (“IR”) services to the Company.
"We are excited about the new partnership with Ignition as our
IR representative," said Donald Quinby, CFO of Fr8Tech. "With much
to do to further our investor communications and effectively relay
our exciting story to the investment community, we are thrilled to
have the seasoned professionalism of Ignition. The Ignition team
has significant and highly relevant IR experience as well as an
outstanding investment community network, which we believe will
complement the leadership of Fr8Tech as we work together to
communicate our value to investors."
About Freight Technologies
Inc.Freight Technologies is a technology company
developing solutions to optimize and automate the supply chain
process. Its wholly owned subsidiary, Freight App, Inc. (Fr8App),
is a B2B cross-border shipping marketplace in the USMCA region
powered by AI and machine learning. Focused on making shipping
transparent and efficient, Fr8App provides carriers with increased
growth opportunities and shippers with flexibility, visibility and
simplicity for the once-complex process of international OTR
shipping. Fr8App uses its proprietary technology platform to
connect carriers and shippers and significantly improve matching
and operation efficiency via innovative technologies such as live
pricing and real-time tracking, digital freight marketplace,
brokerage, transportation management, fleet management, and
committed capacity solutions. The company is headquartered in
Houston, Texas. For more information, please visit
fr8technologies.com or connect with the company on LinkedIn or X
(Twitter).
About IGNITION Investor
RelationsIgnition is a boutique investor relations and
financial communications firm with coverage throughout the United
States. Ignition makes tactical and strategic investor relations
work easier by immediately and seamlessly integrating into
management teams with focused, hands-on attention in a
cost-conscious manner. The firm is one of the most trusted IR
consulting firms for micro to middle market companies, with
Ignition professionals having significant experience in partnering
with public and pre-IPO companies in the energy, media and
telecommunications (TMT), logistics, senior living, EV and
pharmaceutical industries. Additional information is available at
www.ignitionir.com.
Forward-Looking StatementsThis press release
includes “forward-looking statements” within the meaning of the
“safe harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995. Freight Technologies' and Fr8App’s
actual results may differ from their expectations, estimates and
projections and, consequently, readers should not rely on these
forward-looking statements as predictions of future events. Words
such as “expect,” “estimate,” “project,” “budget,” “forecast,”
“anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,”
“believes,” “predicts,” “potential,” “continue” and similar
expressions (or the negative versions of such words or expressions)
are intended to identify such forward-looking statements.
These forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from those discussed in the forward-looking statements.
Most of these factors are outside Freight Technologies’ and
Fr8App’s control and are difficult to predict. Factors that may
cause such differences include, but are not limited to: (1) the
effect of economic, political conditions and pandemic health issues
in the industries and markets in which Fr8App’s business operates,
if it should recur; (2) the inability to obtain or maintain the
listing of Freight Technologies’ ordinary shares on Nasdaq; (3)
changes in applicable laws or regulations; (4) the possibility that
Freight Technologies or Fr8App may be adversely affected by other
economic, business and/or competitive factors; (5) risks relating
to the uncertainty of the projected financial information with
respect to Fr8App; (6) risks related to the organic and inorganic
growth of Fr8App’s business and the timing of expected business
milestones; and (7) other risks and uncertainties identified,
including those under “Risk Factors,” to be filed in Freight
Technologies' other filings with the SEC. Freight Technologies
cautions that the foregoing list of factors is not exclusive.
Should one or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may
vary materially from those indicated or anticipated by such
forward-looking statements. Freight Technologies and Fr8App caution
readers not to place undue reliance upon any forward-looking
statements, which speak only as of the date made. Freight
Technologies and Fr8App do not undertake or accept any obligation
or undertaking to release publicly any updates or revisions to any
forward-looking statements to reflect any change in their
expectations or any change in events, conditions or circumstances
on which any such statement is based.
Fr8Tech Contact:
Jason Finkelstein
IGNITION Investor Relations
investors@fr8technologies.com
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