Freight Technologies Releases Pro Forma Financials for JAK Solar Acquisition
Freight Technologies published unaudited pro forma financials for December 31, 2025 JAK Solar acquisition, showing a balance sheet as of September 30, 2025 and statements of operations for the nine months to September 30, 2025. The deal adds solar financing contracts delivering recurring cash flows and boosting the asset base.
1. Pro Forma Financial Statements Released
Freight Technologies published unaudited pro forma condensed combined financial statements reflecting its December 31, 2025 acquisition of JAK Solar. The statements include a balance sheet as of September 30, 2025 and statements of operations for the nine months ended September 30, 2025, prepared under Article 11 of Regulation S-X.
2. JAK Solar Acquisition Impact
JAK Solar adds a portfolio of residential solar financing contracts that will expand Freight Technologies’ asset base and is expected to deliver recurring cash flows over time. The pro forma data is illustrative and does not predict actual future performance.
3. Regulatory and Compliance Details
The pro forma statements were filed as Exhibit 99.2 in the company’s Form 6-K and assume the acquisition occurred on January 1, 2024 for operational results and on September 30, 2025 for the balance sheet. These figures provide investors with a normalized view of combined financials but are not audited.