Fr8Hub has exhibited month-over-month revenue growth while introducing its next generation of software, Fr8Hub 2.0, and further establishing the company amongst its peers in the digital freight sector, including Uber Freight LLC, Convoy Inc, Transfix, Inc, and NEXT Trucking Inc. Timeline. Hudson Capital and its directors and executive officers may be deemed participants in the solicitation of proxies from Hudson Capital’s shareholders with respect to the merger. The transaction is expected to close early in the first quarter of 2021. About Hudson Capital Inc. The pass code will be 13711973. These forward-looking statements include, without limitation, Hudson Capital’s and Fr8Hub’s expectations with respect to future performance and anticipated financial impacts of the proposed acquisition, the satisfaction of the closing conditions to the proposed acquisition, and the timing of the completion of the proposed acquisition. In addition, Hudson Capital Inc. saw -61.06% in overturn over a single year, with a tendency to cut further losses. Its services Include Commercial payment advisory services, International corporate financing advisory services, and Intermediary bank loan advisory services. Get the latest stock price for Hudson Capital Inc. (HUSN:US), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Stock Fundamentals for HUSN. Information about Hudson Capital’s directors and executive officers and their ownership of ordinary shares of Hudson Capital is set forth in Hudson Capital’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on June 15, 2020, These documents can be obtained free of charge from the sources indicated above. Fr8Hub helps its customers optimize their supply chain, eliminate empty miles on the road, and reduce their carbon footprint, thereby improving profitability and environmental sustainability. Hudson Capital cautions that the foregoing list of factors is not exclusive. Incorporated in 2014, Hudson Capital Inc. (formerly known as China Internet Nationwide Financial Services Inc. (NASDAQ: HUSN)) commenced its business by providing financial advisory services to small and medium size companies. SANTA CLARA, Calif., March 11, 2021 /PRNewswire/ -- eHealth, Inc. (NASDAQ: EHTH) ("eHealth" or the "Company") today announced that it has reached an agreement with Hudson Executive Capital … Hudson Capital and Fr8Hub caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. HUDSON CAPITAL INC. (NASDAQ:HUSN) : Stock quote, stock chart, quotes, analysis, advice, financials and news for share HUDSON CAPITAL INC. | Nasdaq: HUSN | Nasdaq Get the hottest stocks to … Hudson Capital Inc provides financial advisory services. Hudson Capital Inc. (NASDAQ:HUSN) trade information. Yun added, “Fr8Hub’s President Mike Flinker has more than 30 years of logistics business experience with a focus on cross-border and domestic commercial freight. Additionally, we plan to leverage our technology to expand our shipper TMS to include a carrier fleet management system and last mile solution. Instantly HUSN was in green as seen at the end of in last trading. Noah Smith - February 9, 2021. Locate and compare Elos-Capital-Inc in Lachine Montreal QC, Yellow Pages Local Listings. Yahoo forma parte de Verizon Media. Hudson Capital Inc. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. Additional information regarding the interests of such participants will be contained in the prospectus/proxy statement for the proposed merger when available. Being a publicly traded company will enable us to build a market leading position serving the $40 billion trucking industry in Mexico. Volume today is above average. Puedes cambiar tus opciones en cualquier momento visitando Tus controles de privacidad. Hudson Capital Inc. Expands development team to support continued growthNEW YORK, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) announced that FreightHub, Inc. (Fr8Hub), a … Hudson Capital Inc. (HUSN) stock has gained 27.22% while the S&P 500 has fallen -0.03% as of 9:56 AM on Tuesday, Dec 22. Hudson Capital Inc. insiders own 39.15% of total outstanding shares while institutional holders control 4.02%, with the float percentage being 6.6%. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. If all requisite approvals are obtained, the transaction , will result in the redomestication of Hudson Capital from the British Virgin Islands to Delaware and the acquisition of Fr8Hub as a wholly-owned subsidiary of Hudson Capital. Upon completion of the merger, the existing Fr8Hub board will lead the merged company and Mike Flinker will serve as President and Director. The jump to weekly highs of $4.95- on Wednesday, Feb 10 added 10.51% to the stock’s daily price. The definitive proxy statement/prospectus and other relevant materials in connection with the merger (when they become available), and any other documents filed by Hudson Capital with the SEC, may be obtained free of charge at the SEC’s website (www.sec.gov). By. Hudson Capital Inc. (NASDAQ:HUSN) went down by -8.27% from its latest closing price compared to the recent 1-year high of $9.80. A transformation in the logistics transportation industry is taking place and Fr8Hub offers smart solutions with its proprietary software creating sustainable alternatives. Hudson Capital Inc. (HUSN) stock is trading at $3.56 as of 2:59 PM on Wednesday, Jan 27, a decline of -$0.25, or -6.53% from the previous closing price of $3.81. In addition, a telephonic replay will be available at 11:30 a.m. Eastern Time on Thursday, October 15, 2020, through 11:59 p.m. Eastern Time on Thursday, October 22, 2020. Pinterest. Fr8Hub is simplifying domestic and international cross-border shipping through its cloud-based transportation logistics platform. Nosotros y nuestros socios almacenaremos y/o accederemos a la información de tu dispositivo mediante el uso de cookies y tecnologías similares, a fin de mostrar anuncios y contenido personalizados, evaluar anuncios y contenido, obtener datos sobre la audiencia y desarrollar el producto. A list of the names of those directors and executive officers and a description of their interests in Hudson Capital will be included in the prospectus/proxy statement for the proposed merger and be available at www.sec.gov. US headquarters are in Chicago and Mexican headquarters are in Monterrey. The stock has traded between $3.51 and $3.98 so far today. We value your privacy. Incorporated in 2014, Hudson Capital Inc. (formerly known as China Internet Nationwide Financial Services Inc. (NASDAQ: HUSN)) commenced its business by providing financial advisory services to small and medium size companies. SANTA CLARA, Calif., March 11, 2021 /PRNewswire via COMTEX/ -- SANTA … Twitter. 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. The company’s proprietary platform enables shippers to autonomously manage their own fleet and post loads in the marketplace to minimize dead space and, at the same time, seamlessly integrate with third-party systems to streamline communication amongst partners. A transportation logistics platform company, Fr8Hub focuses on truckload freight for US-Mexico cross-border, domestic Mexico and domestic US. Get the latest Hudson Capital Inc. (HUSN) stock news and headlines to help you in your trading and investing decisions. Companies need to stay competitive - Fr8Hub’s advanced technology aims to improve customer distribution centers, warehouses, shipping, and transport management. Incorporated in 2014, Hudson Capital Inc. (formerly known as China Internet Nationwide Financial Services Inc. (NASDAQ: HUSN)) commenced its business by providing financial advisory services to small and medium size companies. The Boards of Directors of each of Hudson Capital and Fr8Hub have unanimously approved the transaction. Find useful information, the address and the phone number of the local business you are looking for. The webcast for the call can be accessed from Fr8Hub’s website at www.fr8hub.com. Fr8Hub and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of Hudson Capital in connection with the proposed merger. With action 1.84%, the performance over the past five days has been green. Immediately following the closing of the merger, the former Fr8Hub shareholders will hold approximately 85.7% of the combined company and the shareholders of Hudson Capital will retain ownership of approximately 14.3% of the combined company, on a fully diluted basis. Renaissance Technologies, LLC is the largest shareholder of the company, while 10 institutions own stock in it. Altogether, Fr8Hub’s mission is to make shipping simple, transparent, and efficient. © 2021 GlobeNewswire, Inc. All Rights Reserved. The following shows the 2020 guided revenue and the 2021, 2022, and 2023 revenue earnouts targets: (1)  In the event Fr8Hub achieves or exceeds target revenue thresholds, existing Fr8Hub shareholders will be issued additional shares of the combined entity, on a fully diluted pro forma basis. The traditional business segments include commercial payment advisory, intermediary bank loan advisory and international corporate financing advisory services which help clients to meet their commercial payment and investment needs. Not having a predetermined fund life gives us the flexibility to make long-term decisions for the well-being of the company. Fr8Hub plans to build upon its market-leading transportation logistics platform, leveraging its innovative, proprietary technology and significant industry expertise.”, Flinker said, “We believe we are the first mover in Mexico to combine a top-tier transportation logistics platform with an intimate knowledge of over the road cross-border shipping, especially in relation to the US-Mexico border. Información sobre tu dispositivo y conexión a Internet, incluida tu dirección IP, Actividad de navegación y búsqueda al utilizar sitios web y aplicaciones de Verizon Media. 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. The merger agreement includes a revenue earnout schedule. NEW YORK, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) has entered into a definitive merger agreement to acquire FreightHub, Inc. (Fr8Hub), a North American transportation logistics platform company focused on US-Mexico cross-border shipping. Mexico is now the United States’ second largest trading partner, with cross-border trading between the two countries totaling approximately $429 billion, according to the United States Department of Transportation. In the event Fr8Hub meets these annual revenue thresholds, existing Fr8Hub stockholders shall receive (on a pro rata basis) 3.33% of the issued and outstanding shares of common stock, in the combined company, on a fully-diluted basis as of the last day of the applicable calendar year-end, up to a maximum of 10.0% in the aggregate over the three year period. Block Wall Advisors is acting as exclusive advisor to Hudson Capital and Sichenzia Ross Ference LLP is acting as legal counsel to Hudson Capital. Since 2009, we have built an experienced team that is dedicated to growing our business and growing our investors’ capital through a diligent acquisition process and a hands-on asset management approach. Alternatively, you may dial the following number up to ten minutes prior to the scheduled conference call time: 1-877-423-9813. International callers should dial 1-201-689-8573. The MarketWatch News Department was not involved in the creation of this content. Existing Fr8Hub shareholders intend to invest $12 million in connection with the closing of the transaction. The transaction will require the approval of the shareholders of both Hudson Capital and Fr8Hub, and is subject to other customary closing conditions, including the receipt of approval from The Nasdaq Stock Market, LLC and the completion of the review of the Registration Statement on Form S-4 to be filed with the SEC in connection with the proposed merger. A list of the names of such directors and executive officers and information regarding their interests in the proposed merger will be included in the prospectus/proxy statement for the proposed merger. About Hudson Capital Inc. * Filed Form S-4 with the SEC * Regained Nasdaq ComplianceNEW YORK, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) and FreightHub, Inc. (Fr8Hub), a … The transaction is expected to close in the first quarter of 2021. Consummation of the merger will require approval of the shareholders of both Hudson Capital and Fr8Hub and is subject to other customary closing conditions, including the receipt of listing approval of the post-closing company by The Nasdaq Stock Market, LLC and the completion of the review of the Registration Statement on Form S-4 to be filed with the SEC in connection with the proposed merger. Hudson Capital Inc. has reported that FreightHub, Inc. has reached a formal acquisition agreement, aims to follow the goal of leading transport logistics technologies and delivers substantial revenue growth. Hudson Capital, Inc. engages in the provision of financial solutions to small to medium sized enterprises. Unlike traditional private equity firms, we have an owner mindset and a longer time horizon to allow for the maximization of value with each of our operating companies. SHAREHOLDERS OF HUDSON CAPITAL ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE MERGER THAT HUDSON CAPITAL WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT HUDSON CAPITAL, FREIGHTHUB AND THE MERGER. Incorporated in 2014, Hudson Capital Inc. (formerly known as China Internet Nationwide Financial Services Inc. (NASDAQ: HUSN)) commenced its … Hudson Capital Inc. (HUSN) Shows Downtrend But Still 168.12% Up From Recent Low. Additionally, Fr8Hub will make a cash payment of $1.75 million to Hudson at closing. About Hudson Capital Inc. Ordinary Shares (HUSN) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Get the latest Hudson Capital Inc. HUSN detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Finally, the current assets and liabilities of Hudson will be spun-off to existing shareholders of Hudson immediately prior to the closing of the transaction. How have the shares performed? Important Information About the Proposed Merger Transaction and Where to Find It. Hudson Capital Inc Hudson Capital Inc. provides financial services. Up to a maximum of 10.0%, in aggregate. FreightHub, Inc. (Fr8Hub) makes shipping simple, transparent, and efficient. About Hudson Capital Inc Hudson Capital Inc. provides financial services. Incorporated in 2014, Hudson Capital Inc. (formerly known as China Internet Nationwide Financial Services Inc. (NASDAQ: HUSN)) commenced its business by providing financial advisory services to small and medium size companies. As an established digital freight marketplace broker, we are well-positioned for growth domestically in both countries, beginning in Mexico, where the fragmented industry provides a great opportunity for consolidation. For more information, about Hudson Capital, please see the documents filed by Hudson Capital with the SEC at www.sec.gov. In connection with the proposed merger, Hudson Capital intends to file relevant materials with the Securities and Exchange Commission (the “SEC”), including a Registration Statement on Form S-4 (the “Form S-4”), which includes and serves as a proxy statement/prospectus for Hudson Capital’s shareholders and a prospectus for Fr8Hub’s stockholders. Since that time, they have seen extraordinary month-over-month revenue growth.”. With this press release, Fr8Hub management is providing full year 2020 revenue guidance to be in excess of $9 million. About Hudson Capital Inc.Incorporated in 2014, Hudson Capital Inc. (formerly known as China Internet Nationwide Financial Services Inc. (NASDAQ: HUSN)) commenced its business by providing financial advisory services to small and medium size companies. This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed merger. Most of these factors are outside Hudson Capital’s and Fr8Hub’s control and are difficult to predict. Hudson Capital’s and Fr8Hub’s actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Founded in 2015, Fr8Hub delivered gross revenue of $4.2 million in 2019 and estimates 2020 to grow more than 100% organically. We have a longer-term outlook than most investors. Furthermore, these other companies seem to be getting the attention of patrons and the public! Check the disclaimer on the landing pages. Fr8Hub’s innovative digital freight matching technology connects shippers with a broad network of reliable carriers and drivers in Mexico, Canada and the United States’ borders. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the definitive merger agreement (the “Agreement”); (2) the outcome of any legal proceedings that may be instituted against Hudson Capital or Fr8Hub following the announcement of the Agreement and the transactions contemplated therein; (3) the inability to complete the proposed acquisition, including due to failure to obtain approval of the shareholders of Hudson Capital and stockholders of Fr8Hub, certain regulatory approvals, or satisfy other conditions to closing in the Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Agreement or could otherwise cause the transaction to fail to close; (5) the impact of COVID-19 pandemic on Fr8Hub’s business and/or the ability of the parties to complete the proposed acquisition; (6) the inability to obtain or maintain the listing of Hudson Capital’s shares of common stock on Nasdaq following the proposed merger; (7) the risk that the proposed acquisition disrupts current plans and operations as a result of the announcement and consummation of the proposed merger; (8) the ability to recognize the anticipated benefits of the proposed merger, which may be affected by, among other things, competition, the ability of Fr8Hub to grow and manage growth profitably, and retain its key employees; (9) costs related to the proposed merger; (10) changes in applicable laws or regulations; (11) the possibility that Hudson Capital or Fr8Hub may be adversely affected by other economic, business, and/or competitive factors; (12) risks relating to the uncertainty of the projected financial information with respect to Fr8Hub; (13) risks related to the organic and inorganic growth of Fr8Hub’s business and the timing of expected business milestones; and (14) other risks and uncertainties indicated from time to time in the prospectus/proxy statement on the Form S-4, relating to the proposed merger, including those under “Risk Factors” therein, to be filed by Hudson Capital and in Hudson Capital’s other filings with the SEC. If you are unable to participate in the live call, the webcast will be archived for replay on Fr8Hub’s website for one year. Para obtener más información sobre cómo utilizamos tu información, consulta nuestra Política de privacidad y la Política de cookies. Shop Hudson's Bay for handbags, women's and men's clothing and shoes, and housewares. The company was formerly known as China Internet Nationwide Financial Services Inc. and changed its name to Hudson Capital Inc. in April 2020. The company’s stock price has collected 5.66% of gains in the last five trading sessions. As of September 30, 2020, Fr8Hub has 68 employees, 52 in Mexico and16 in the United States. To access the replay, please dial 1-844-512-2921. International callers should dial 1-412-317-6671. View Hudson Capital Inc. HUSN investment & stock information. Hon Man Yun, Chief Financial Officer of Hudson Capital, stated, “With its differentiated technology platform, first mover advantage and extensive management experience and expertise, Fr8Hub is well positioned to capitalize on the expanding truckload freight industry cross-border between the United States and Mexico. Free shipping on orders over $99. So far 1,470,966 shares have traded compared to average volume of 811,811 shares.