Freight Technologies Announces Adjournment of Annual Meeting of Stockholders

The Annual Meeting was convened to consider proposals (the "Proposals") presented in the Notice of 2024
Annual General Meeting of Members dated October 28, 2024, which is also available on the Company's
website at https://fr8technologies.com. At that time, there were not present in person, virtually or by proxy, a
sufficient number of shares of the Company's common stock to constitute a quorum, leading to adjournment.
At the time the Annual Meeting was adjourned, proxies had been submitted by holders representing 44.67% of
the shares of the Company's common stock issued and outstanding on the record date and entitled to vote at
the Annual Meeting.
During the period of adjournment, the Company and its proxy agent, Broadridge Financial Solutions, will
continue to receive votes from the Company's stockholders with respect to the proposals set forth in the Proxy
Statement.
Proxies which have been received will remain valid for the adjourned Annual Meeting. Holders of the
Company's ordinary shares whose names are on the register of members of the Company at the close of
business on October 24, 2024 are entitled to attend the adjourned Annual Meeting. Shareholders who have
not yet cast their votes are encouraged to do so by voting online as described in proxy instructions delivered in
connection with the Annual Meeting.
About Freight Technologies Inc.
Freight Technologies (Nasdaq: FRGT) ("Fr8Tech") is a technology company offering a diverse portfolio of
proprietary platform solutions powered by AI and machine learning to optimize and automate the supply chain
process. Focused on addressing the distinct challenges within the supply chain ecosystem, the Company's
portfolio of solutions includes the Fr8App platform for seamless OTR B2B cross-border shipping across the
USMCA region; Fr8Now, a specialized service for less-than-truckload (LTL) shipping; Fr8Fleet, a dedicated
capacity service for enterprise clients in Mexico; and Waavely, a digital platform for efficient ocean freight
booking and management of container shipments between North America and ports worldwide. Together,
each product is interconnected within a unified 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 support, transportation management, fleet management, and
committed capacity solutions. The company is headquartered in Houston, Texas. For more information, please
visit fr8technologies.com.
Forward-Looking Statements
This 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. Fr8Tech's and Fr8App Inc.'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
Fr8Tech's and Fr8App Inc.'s control and are difficult to predict. Factors that may cause such differences
include, but are not limited to: (1) the inability to obtain or maintain the listing of Fr8Tech's ordinary shares on
Nasdaq; (2) changes in applicable laws or regulations; (3) the possibility that Fr8Tech or Fr8App Inc. may be
adversely affected by other economic, business and/or competitive factors; (4) risks relating to the uncertainty
of the projected financial information with respect to Fr8App Inc.; (5) risks related to the organic and inorganic
growth of Fr8App Inc.'s business and the timing of expected business milestones; and (6) other risks and
uncertainties identified, including those under "Risk Factors," to be filed in Fr8Tech other filings with the
Securities Exchange Commission.
Fr8Tech 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. Fr8Tech and Fr8App Inc. caution
readers not to place undue reliance upon any forward-looking statements, which speak only as of the date
made. Fr8Tech and Fr8App Inc. 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
[email protected]