Lawsuit Notice: Investors who lost money with Hertz Global Holdings, Inc. (NASDAQ: HTZ) shares should contact the Shareholders Foundation

An investor, who purchased shares of Hertz Global Holdings, Inc. (NASDAQ: HTZ), filed a lawsuit over alleged violations of Federal Securities Laws by Hertz Global Holdings, Inc. in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Hertz Global Holdings, Inc. (NASDAQ: HTZ) have certain options and for certain investors are short and strict deadlines running. Deadline: September 22, 2026. NASDAQ: HTZ investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Estero, FL based Hertz Global Holdings, Inc. operates as a vehicle rental company. It operates through two segments: Americas RAC and International RAC.

Hertz Global Holdings, Inc. (NASDAQ: HTZ) reported that its annual Total Revenue declined from $9.05 billion in 2024 to $8.5 billion in 2025, and that its Net Loss declined from $2.86 billion in 2024 to $747 million in 2025.

On June 24, 2026, before the market opened, and just weeks after allegedly assuring investors that Hertz' liquidity would be "sufficient to fund our operating activities and obligations for the next twelve months and for the foreseeable future thereafter" and projected year-end liquidity "north of $1.5 billion," the complaint alleges that Hertz announced a massive dilutive capital raise. According to the complaint Hertz intended to offer $300 million of Exchangeable Senior First-Lien Secured PIK Notes due 2030 through its wholly-owned indirect subsidiary, together with a concurrent share-lending offering of more than 37 million shares of common stock from which Hertz would receive no proceeds, and simultaneously disclosed that "unexpected softness in the used car market" had caused losses on the sale of vehicles in May 2026 and would drive second-quarter Adjusted Corporate EBITDA down to a range of just $50 million to $80 million.

On June 25, 2026, the aforementioned offering priced on still more dilutive terms, upsized to $350 million (up to $400 million) at a 6.75% coupon with an exchange price of approximately $3.58 per share, and with the borrowed common stock.

Shares of Hertz Global Holdings, Inc. (NASDAQ: HTZ) declined from $6.518 per share on May 7, 2026, to as low as $1.45 per share on August 05, 2026.

The plaintiff claims that between May 7, 2026 and June 23, 2026, the defendants made false and/or misleading statements and/or failed to disclose that Hertz's liquidity was deteriorating far more rapidly than represented, and Hertz' available liquidity was not sufficient to fund its operations and obligations for the next twelve months without resorting to a distressed, dilutive financing, that the softness in the used-car market that defendants had characterized as "isolated to the quarter" and "transitory" had in fact recurred and was materially depressing Hertz' net depreciation per unit and Adjusted Corporate EBITDA, and that as a result of the foregoing, Hertz was likely to undertake a dilutive, distressed capital raise that would materially harm existing shareholders.

Those who purchased shares of Hertz Global Holdings, Inc. (NASDAQ: HTZ) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.