{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-11T15:43:28.016313+00:00","company":{"ticker":"FTFT","cik":1066923,"company_name":"Future FinTech Group Inc."},"pagination":{"limit":100,"returned":36,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Streeterville Capital, LLC","detail":"credit_facility","count":2,"first_seen":"2023-12-29T23:59:59+00:00","last_seen":"2024-02-14T23:59:59+00:00","evidence_fact_ids":[74818,84726]},{"display_name":"Alpha Financial Limited","detail":"asset_purchase","count":1,"first_seen":"2023-03-01T23:59:59+00:00","last_seen":"2023-03-01T23:59:59+00:00","evidence_fact_ids":[174702]},{"display_name":"Avondale Capital, LLC","detail":"equity_purchase","count":1,"first_seen":"2026-05-26T20:40:21+00:00","last_seen":"2026-05-26T20:40:21+00:00","evidence_fact_ids":[87014]},{"display_name":"Zhang Shuge","detail":"equity_purchase","count":1,"first_seen":"2026-06-15T20:30:15+00:00","last_seen":"2026-06-15T20:30:15+00:00","evidence_fact_ids":[158719]},{"display_name":"certain purchasers identified on the signature page thereto","detail":"equity_purchase","count":1,"first_seen":"2024-01-08T23:59:59+00:00","last_seen":"2024-01-08T23:59:59+00:00","evidence_fact_ids":[82252]}],"ma_counterparty":[{"display_name":"Alpha Financial Limited","detail":"acquisition","count":1,"first_seen":"2023-11-13T23:59:59+00:00","last_seen":"2023-11-13T23:59:59+00:00","evidence_fact_ids":[94025]},{"display_name":"DDMM Capital LLC","detail":"disposition","count":1,"first_seen":"2024-12-11T23:59:59+00:00","last_seen":"2024-12-11T23:59:59+00:00","evidence_fact_ids":[103404]},{"display_name":"Wealth Index Capital Limited","detail":"change_of_control","count":1,"first_seen":"2025-09-22T23:59:59+00:00","last_seen":"2025-09-22T23:59:59+00:00","evidence_fact_ids":[27131]},{"display_name":"Xi’an Yinshi Trading Co., Ltd.","detail":"disposition","count":1,"first_seen":"2025-12-17T23:59:59+00:00","last_seen":"2025-12-17T23:59:59+00:00","evidence_fact_ids":[25851]}]},"facts":[{"fact_type":"material_agreement","fact_key":"19932f31bdd4357a21f316e22a3e6672f7e30cc0","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2026-06-15T20:30:15+00:00","payload":{"action":"entry","agreement_name":"Share Purchase Agreement","agreement_type":"equity_purchase","counterparty":"Zhang Shuge","effective_date":"2026-06-12","item_codes_triggered":["1.01"],"value_text":"RMB 44,000,000 (approximately US$6.46 million)"},"claim":"Future FinTech Group Inc. entered into Share Purchase Agreement with Zhang Shuge valued at RMB 44,000,000 (approximately US$6.46 million) (effective 2026-06-12).","evidence_excerpt":"On June 12, 2026, Future FinTech Group Inc. (the “Company”), through its wholly-owned subsidiary, Future Commercial Group Limited (the “Buyer”), entered into a Share Purchase Agreement (the “SPA”) with Zhang Shuge (the “Seller”) and the Company.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-26-068821","anchor_url":"https://secwatch.observer/filing/0001213900-26-068821#claim-19932f31bdd4357a21f316e22a3e6672f7e30cc0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390026068821/0001213900-26-068821-index.htm"},{"fact_type":"material_agreement","fact_key":"caf7614debc41b729e073800124105250233d00c","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2026-05-26T20:40:21+00:00","payload":{"action":"entry","agreement_name":"Pre-Paid Purchase #3","agreement_type":"equity_purchase","counterparty":"Avondale Capital, LLC","effective_date":"2026-05-20","item_codes_triggered":["1.01"],"value_text":"$2,000,000 in cash proceeds"},"claim":"Future FinTech Group Inc. entered into Pre-Paid Purchase #3 with Avondale Capital, LLC valued at $2,000,000 in cash proceeds (effective 2026-05-20).","evidence_excerpt":"On May 20, 2026, the Company entered into Pre-Paid Purchase #3 (the “Pre-Paid Purchase #3”) with the investor, pursuant to the Pre-Paid SPA.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-26-061050","anchor_url":"https://secwatch.observer/filing/0001213900-26-061050#claim-caf7614debc41b729e073800124105250233d00c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390026061050/0001213900-26-061050-index.htm"},{"fact_type":"governance_change","fact_key":"fa0cec24d7508492bfad835ed1b2c4a88c761e94","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2026-01-14T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2026-01-08","item_codes_triggered":["5.03"],"summary_text":"Approved a 1-for-4 reverse stock split of common stock, reducing authorized shares from 600M to 150M."},"claim":"Future FinTech Group Inc.: Approved a 1-for-4 reverse stock split of common stock, reducing authorized shares from 600M to 150M (effective 2026-01-08).","evidence_excerpt":"On January 8, 2026, Future FinTech Group Inc. (the “Company”) filed with the Florida Secretary of State’s office Articles of Amendment (the “Amendment”) to amend its Second Amended and Restated Articles of Incorporation, as amended (“Articles of Incorporation”). As a result of the Amendment, the Company has authorized and approved a 1-for-4 reverse stock split of the Company’s authorized shares of common stock from 600,000,000 shares to 150,000,000 shares, accompanied by a corresponding decrease in the Company’s issued and outstanding shares of common stock (the “Reverse Stock Split”). The common stock will continue to be $0.001 par value. The Company will round up the fractional shares that result from the Reverse Stock Split and no fractional shares will be issued in connection with the Reverse Stock Split and no cash or other consideration will be paid in connection with any fractional shares that would otherwise have resulted from the Reverse Stock Split. The current pre-split numb","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-26-004240","anchor_url":"https://secwatch.observer/filing/0001213900-26-004240#claim-fa0cec24d7508492bfad835ed1b2c4a88c761e94","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390026004240/0001213900-26-004240-index.htm"},{"fact_type":"ma_transaction","fact_key":"5c5ae200f112024da8f80ce5bf50a7ee5e6baf9b","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2025-12-17T23:59:59+00:00","payload":{"action":"disposition","closing_date":"2025-12-16","consideration_text":"RMB 10,000,000","counterparty":"Xi’an Yinshi Trading Co., Ltd.","effective_date":"2025-12-16","item_codes_triggered":["2.01"]},"claim":"Future FinTech Group Inc. completed a disposition involving Xi’an Yinshi Trading Co., Ltd. for RMB 10,000,000 (closed 2025-12-16).","evidence_excerpt":"officers, or associates prior to entering into the Agreement, other\nthan in respect of the Agreement. Under the\nAgreement, the total purchase price for the Subsidiary is RMB 10,000,000, payable in two installments consisting of RMB 2,000,000 within\nten days after execution of the Agreement and RMB 8,000,000 within twenty days following completion of closing","confidence":0.98,"filing_url":"https://secwatch.observer/filing/0001213900-25-122774","anchor_url":"https://secwatch.observer/filing/0001213900-25-122774#claim-5c5ae200f112024da8f80ce5bf50a7ee5e6baf9b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390025122774/0001213900-25-122774-index.htm"},{"fact_type":"equity_issuance","fact_key":"a7a875fb97bfe1b8e509ad290aa2ae4648db61dd","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2025-09-26T23:59:59+00:00","payload":{"action":"private_placement","consideration_text":null,"effective_date":"2025-09-24","item_codes_triggered":["3.02"],"purchaser":"Avondale Capital, LLC","security_type":"common_stock","shares_text":"1,445,000 shares of common stock"},"claim":"Future FinTech Group Inc. issued 1,445,000 shares of common stock of common stock to Avondale Capital, LLC.","evidence_excerpt":"On September 24, 2025, following the issuance of 1,445,000 shares of common stock of company as the Pre-Delivery Shares to the Investor, the Company received $1,000,000 in gross proceeds from the Investor by wire transfer.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-25-092001","anchor_url":"https://secwatch.observer/filing/0001213900-25-092001#claim-a7a875fb97bfe1b8e509ad290aa2ae4648db61dd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390025092001/0001213900-25-092001-index.htm"},{"fact_type":"equity_issuance","fact_key":"83b4490f2e5bd8874be3046471ca2329a9d0ba1e","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2025-09-26T23:59:59+00:00","payload":{"action":"private_placement","consideration_text":"$1,000,000 in cash proceeds","effective_date":"2025-09-22","item_codes_triggered":["3.02"],"purchaser":"Avondale Capital, LLC","security_type":"preferred_stock","shares_text":null},"claim":"Future FinTech Group Inc. issued preferred stock to Avondale Capital, LLC for $1,000,000 in cash proceeds.","evidence_excerpt":"On September 22, 2025, the Company entered into Pre-Paid Purchase #2 Agreement (the “Pre-Paid Purchase #2”) with the investor, pursuant to the Pre-Paid SPA. Under Pre-Paid Purchase #2, the Company issued a Pre-Paid Instrument with a principal amount of $1,080,000 in exchange for $1,000,000 in cash proceeds","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-25-092001","anchor_url":"https://secwatch.observer/filing/0001213900-25-092001#claim-83b4490f2e5bd8874be3046471ca2329a9d0ba1e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390025092001/0001213900-25-092001-index.htm"},{"fact_type":"equity_issuance","fact_key":"377207b4d72e6f85cdf0ce60086d73ce66dfadcc","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2025-09-22T23:59:59+00:00","payload":{"action":"private_placement","consideration_text":null,"effective_date":"2025-09-16","item_codes_triggered":["3.02"],"purchaser":"an investor","security_type":"common_stock","shares_text":"60,000 shares"},"claim":"Future FinTech Group Inc. issued 60,000 shares of common stock to an investor.","evidence_excerpt":"On September 16, 2025, the Company issued 60,000 shares of the Company’s Common Stock to an investor pursuant to a Pre-Paid Securities Purchase Agreement dated July 28, 2025","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-25-089892","anchor_url":"https://secwatch.observer/filing/0001213900-25-089892#claim-377207b4d72e6f85cdf0ce60086d73ce66dfadcc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390025089892/0001213900-25-089892-index.htm"},{"fact_type":"equity_issuance","fact_key":"720ad16b6d319d8eb8e5cd9f3c6000188a947cbd","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2025-09-22T23:59:59+00:00","payload":{"action":"private_placement","consideration_text":null,"effective_date":"2025-09-16","item_codes_triggered":["3.02"],"purchaser":"certain purchasers","security_type":"common_stock","shares_text":"15,000,000 shares"},"claim":"Future FinTech Group Inc. issued 15,000,000 shares of common stock to certain purchasers.","evidence_excerpt":"On September 16, 2025, the Company issued an aggregate of 15,000,000 shares of the Company’s common stock, par value $0.001 per share (“Common Stock”), to certain purchasers pursuant to a securities purchase agreement","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-25-089892","anchor_url":"https://secwatch.observer/filing/0001213900-25-089892#claim-720ad16b6d319d8eb8e5cd9f3c6000188a947cbd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390025089892/0001213900-25-089892-index.htm"},{"fact_type":"ma_transaction","fact_key":"5667d3fd2f8e8bf146235c28061cef92d337b882","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2025-09-22T23:59:59+00:00","payload":{"action":"change_of_control","closing_date":"2025-09-16","consideration_text":"$18,000,000","counterparty":"Wealth Index Capital Limited","effective_date":"2025-09-16","item_codes_triggered":["5.01"]},"claim":"Future FinTech Group Inc. underwent a change of control involving Wealth Index Capital Limited for $18,000,000 (closed 2025-09-16).","evidence_excerpt":"above, on that date the Company issued 9,000,000\nshares of its common stock to Wealth Index Capital Limited (“WICL”) at a purchase price of $2.00 per share, for an aggregate\nof $18,000,000, pursuant to the Equity SPA. The shares were acquired by WICL using its working capital. As\na result of the issuance of shares, WICL owns approximately 48.107% of the Company’s","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-25-089892","anchor_url":"https://secwatch.observer/filing/0001213900-25-089892#claim-5667d3fd2f8e8bf146235c28061cef92d337b882","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390025089892/0001213900-25-089892-index.htm"},{"fact_type":"governance_change","fact_key":"90f77ec4a319946b493e0914e194ee166173189c","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2025-09-05T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":null,"item_codes_triggered":["5.03"],"summary_text":"Approved an amendment to the Amended and Restated Articles of Incorporation to increase authorized common shares from 6,000,000 to 600,000,000."},"claim":"Future FinTech Group Inc.: Approved an amendment to the Amended and Restated Articles of Incorporation to increase authorized common shares from 6,000,000 to 600,000,000.","evidence_excerpt":"the stockholders of the Company approved certain amendments to Company’s Amended and Restated Articles of Incorporation (the “Share Increase Amendment”) to increase the authorized shares of the Company’s common stock, par value $0.001 per (the “ Common Stock ”), from 6,000,000 shares to 600,000,000 shares.","confidence":0.97,"filing_url":"https://secwatch.observer/filing/0001213900-25-085129","anchor_url":"https://secwatch.observer/filing/0001213900-25-085129#claim-90f77ec4a319946b493e0914e194ee166173189c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390025085129/0001213900-25-085129-index.htm"},{"fact_type":"governance_change","fact_key":"d076a338804c34f54fe6c0a15c944cbaa9a10122","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2025-08-26T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2025-08-06","item_codes_triggered":["5.03"],"summary_text":"Extended the notice period for shareholder meetings from 60 days to 70 days."},"claim":"Future FinTech Group Inc.: Extended the notice period for shareholder meetings from 60 days to 70 days (effective 2025-08-06).","evidence_excerpt":"The Amended and Restated Bylaws extends the notice period for shareholder meetings in the Company’s bylaws from 60 days to 70 days.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-25-080776","anchor_url":"https://secwatch.observer/filing/0001213900-25-080776#claim-d076a338804c34f54fe6c0a15c944cbaa9a10122","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390025080776/0001213900-25-080776-index.htm"},{"fact_type":"executive_change","fact_key":"0a38f10b55","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2025-06-16T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2025-06-15","interim":false,"role":"Chief Operating Officer","role_category":"coo","successor_name":null,"successor_named":false},"claim":"Peng Lei resigned as Chief Operating Officer at Future FinTech Group Inc..","evidence_excerpt":"On June 13, 2025, Future FinTech Group Inc. (the “Company”) received a resignation letter from Mr. Peng Lei to resign from his position as the Chief Operating Officer (“COO”) of the Company, effective on June 15, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-25-054786","anchor_url":"https://secwatch.observer/filing/0001213900-25-054786#claim-0a38f10b55","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390025054786/0001213900-25-054786-index.htm"},{"fact_type":"governance_change","fact_key":"bd0f98df0e3933e090ac5d2538e42d2d70db7ea5","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2025-04-02T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2025-04-01","item_codes_triggered":["5.03"],"summary_text":"Articles of Amendment filed to effect a 1-for-10 reverse stock split, reducing authorized common shares from 60,000,000 to 6,000,000 and decreasing issued and outstanding shares accordingly, with $0.001 par value unchanged, effective April 1, 2025, to comply with Nasdaq minimum bid price rule."},"claim":"Future FinTech Group Inc.: Articles of Amendment filed to effect a 1-for-10 reverse stock split, reducing authorized common shares from 60,000,000 to 6,000,000 and decreasing issued and outstanding shares accordingly, with $0.001 par value unchanged, effective April 1, 2025, to comply with Nasdaq minimum bid price rule (effective 2025-04-01).","evidence_excerpt":"On March 27, 2025, Future FinTech Group Inc. (the \"Company\") filed with the Florida Secretary of State's office Articles of Amendment (the “Amendment”) to amend its Second Amended and Restated Articles of Incorporation, as amended (“Articles of Incorporation”). As a result of the Amendment, the Company has authorized and approved a 1-for-10 reverse stock split of the Company’s authorized shares of common stock from 60,000,000 shares to 6,000,000 shares, accompanied by a corresponding decrease in the Company’s issued and outstanding shares of common stock (the \"Reverse Stock Split\").","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-25-028068","anchor_url":"https://secwatch.observer/filing/0001213900-25-028068#claim-bd0f98df0e3933e090ac5d2538e42d2d70db7ea5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390025028068/0001213900-25-028068-index.htm"},{"fact_type":"governance_change","fact_key":"8183b47108a942a1be4afbd6b9c7ed3a2645eadb","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2025-04-01T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2025-04-01","item_codes_triggered":["5.03"],"summary_text":"Approved a 1-for-10 reverse stock split by amending Articles of Incorporation to reduce authorized common shares from 60,000,000 to 6,000,000"},"claim":"Future FinTech Group Inc.: Approved a 1-for-10 reverse stock split by amending Articles of Incorporation to reduce authorized common shares from 60,000,000 to 6,000,000 (effective 2025-04-01).","evidence_excerpt":"On March 27, 2025, Future FinTech Group Inc. (the \"Company\") filed with the Florida Secretary of State's office Articles of Amendment (the “Amendment”) to amend its Second Amended and Restated Articles of Incorporation, as amended (“Articles of Incorporation”). As a result of the Amendment, the Company has authorized and approved a 1-for-10 reverse stock split of the Company’s authorized shares of common stock from 60,000,000 shares to 6,000,000 shares, accompanied by a corresponding decrease in the Company’s issued and outstanding shares of common stock (the \"Reverse Stock Split\").","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-25-027130","anchor_url":"https://secwatch.observer/filing/0001213900-25-027130#claim-8183b47108a942a1be4afbd6b9c7ed3a2645eadb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390025027130/0001213900-25-027130-index.htm"},{"fact_type":"ma_transaction","fact_key":"5007909d9819517be8e8e9ba9165ce9514054371","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2024-12-11T23:59:59+00:00","payload":{"action":"disposition","closing_date":"2024-12-09","consideration_text":"$1,000,000 and assumption of obligations of FTFT SuperComputing totaling $973,072.24","counterparty":"DDMM Capital LLC","effective_date":"2024-12-09","item_codes_triggered":["2.01"]},"claim":"Future FinTech Group Inc. completed a disposition involving DDMM Capital LLC for $1,000,000 and assumption of obligations of FTFT SuperComputing totaling $973,072.24 (closed 2024-12-09).","evidence_excerpt":"to the terms of the Agreement, the Company agreed to sell all of the issued and outstanding shares of FTFT SuperComputing to\nthe Buyer for a purchase price that equals to: (i) $1,000,000 and (ii) the assumption of the obligations of FTFT SuperComputing totaling\n$973,072.24 (collectively, the “Closing Purchase Price”). The Closing Purchase Price shall be paid on","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-24-107914","anchor_url":"https://secwatch.observer/filing/0001213900-24-107914#claim-5007909d9819517be8e8e9ba9165ce9514054371","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390024107914/0001213900-24-107914-index.htm"},{"fact_type":"executive_change","fact_key":"c2c5bdb3b7","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2024-10-04T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-10-01","interim":false,"role":"member of the Board, Chairman of the Audit Committee, member of Compensation Committee","role_category":"director","successor_name":null,"successor_named":false},"claim":"Mingyong Hu was appointed as member of the Board, Chairman of the Audit Committee, member of Compensation Committee at Future FinTech Group Inc..","evidence_excerpt":"On October 1, 2024, the Board appointed Mr. Mingyong Hu as a member of the Board, Chairman of the Audit Committee and a member of Compensation Committee of the Board , effective immediately, to fill the vacancy following the resignation of Mr. Lau.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001213900-24-085584","anchor_url":"https://secwatch.observer/filing/0001213900-24-085584#claim-c2c5bdb3b7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390024085584/0001213900-24-085584-index.htm"},{"fact_type":"executive_change","fact_key":"83aec546d9","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2024-10-04T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2024-09-30","interim":false,"role":"member of the Board, Chairman of the Audit Committee, member of Compensation Committee","role_category":"director","successor_name":"Mingyong Hu","successor_named":true},"claim":"Johonson (Shun-Pong) Lau resigned as member of the Board, Chairman of the Audit Committee, member of Compensation Committee at Future FinTech Group Inc..","evidence_excerpt":"On September 30, 2024, the Board of Directors (the “Board”) of Future FinTech Group, Inc. 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(the “Company”) received a resignation letter from Mr. Shanchun Huang to resign from his positions as a director of the Board and the Chief Executive Officer (“CEO”) and President of the Company, effective on August 5, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-24-066845","anchor_url":"https://secwatch.observer/filing/0001213900-24-066845#claim-a55eb99e91","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390024066845/0001213900-24-066845-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"540badca11b3496665404d86c7bcc71957829b82","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2024-05-15T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"deficient","cure_deadline":null,"deficiency_type":"minimum_bid_price","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2024-05-13","notice_type":"deficiency_notice","plan_due_date":null,"raw_rule_text":null,"reported_value":null,"rule_numbers":["5550(a)(2)","5810(c)(3)(A)"],"rules_cited_in_text":true},"claim":"Future FinTech Group Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).","evidence_excerpt":"May 13, 2024, Future FinTech\nGroup Inc. (the “Company”) received a letter from the Nasdaq Stock Market (“Nasdaq”) notifying the Company that,\nbecause the closing bid price for the Company’s common stock listed on Nasdaq was below $1.00 for 30 consecutive business\ndays, the Company no longer meets the minimum bid price requirement for continued listing on Nasdaq under Nasdaq Marketplace Rule\n5550(a)(2), which requires a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”). The notification has\nno immediate effect on the listing of the Company’s common stock. In accordance","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-24-043620","anchor_url":"https://secwatch.observer/filing/0001213900-24-043620#claim-540badca11b3496665404d86c7bcc71957829b82","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390024043620/0001213900-24-043620-index.htm"},{"fact_type":"material_agreement","fact_key":"3cb5f9f54cd31261cf0fb552fc6d22f4026bb98c","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2024-02-14T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Amendment","agreement_type":"credit_facility","counterparty":"Streeterville Capital, LLC","effective_date":"2024-02-11","item_codes_triggered":["1.01"],"value_text":null},"claim":"Future FinTech Group Inc. amended Amendment with Streeterville Capital, LLC (effective 2024-02-11).","evidence_excerpt":"On February 11, 2024, Future FinTech Group, Inc., a Florida corporation (the “Company”) and Streeterville Capital, LLC, a Utah limited liability company (the “Lender”) entered into an Amendment (the “Amendment”) to Convertible Promissory Note (the “Note”)","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-24-014077","anchor_url":"https://secwatch.observer/filing/0001213900-24-014077#claim-3cb5f9f54cd31261cf0fb552fc6d22f4026bb98c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390024014077/0001213900-24-014077-index.htm"},{"fact_type":"material_agreement","fact_key":"b1e6477ce7ae8f9e8fcccce3347dac0dd29f8dc9","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2024-01-08T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Securities Purchase Agreement","agreement_type":"equity_purchase","counterparty":"certain purchasers identified on the signature page thereto","effective_date":"2024-01-05","item_codes_triggered":["1.01"],"value_text":"$2,580,644"},"claim":"Future FinTech Group Inc. entered into Securities Purchase Agreement with certain purchasers identified on the signature page thereto valued at $2,580,644 (effective 2024-01-05).","evidence_excerpt":"On January 5, 2024, Future FinTech Group Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Agreement”) with certain purchasers identified on the signature page thereto (the “Purchasers”), pursuant to which the Company agreed to sell to the Purchasers in a private placement 2,150,536 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), at a purchase price of $1.20 per share for an aggregate price of $2,580,644 (the “Private Placement”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-24-001935","anchor_url":"https://secwatch.observer/filing/0001213900-24-001935#claim-b1e6477ce7ae8f9e8fcccce3347dac0dd29f8dc9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390024001935/0001213900-24-001935-index.htm"},{"fact_type":"material_agreement","fact_key":"d111b782357d14034a006d15b2b8389c335684ec","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2023-12-29T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Securities Purchase Agreement","agreement_type":"equity_purchase","counterparty":"Streeterville Capital, LLC","effective_date":"2023-12-27","item_codes_triggered":["1.01"],"value_text":"$1,100,000"},"claim":"Future FinTech Group Inc. entered into Securities Purchase Agreement with Streeterville Capital, LLC valued at $1,100,000 (effective 2023-12-27).","evidence_excerpt":"On December 27, 2023, Future FinTech Group, Inc., a Florida corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Streeterville Capital, LLC, a Utah limited liability company (the “Purchaser”), pursuant to which the Company sold and issued to the Purchaser a Convertible Promissory Note (the “Note”) in the principal amount of $1,100,000.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-23-100006","anchor_url":"https://secwatch.observer/filing/0001213900-23-100006#claim-d111b782357d14034a006d15b2b8389c335684ec","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390023100006/0001213900-23-100006-index.htm"},{"fact_type":"shareholder_vote","fact_key":"78951174ce0e33fa161ef1f0c1e0ef7e81f55992","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2023-12-08T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-12-05","outcome":"passed","proposal_text":"Adoption and Approval of the Future FinTech Group Inc. 2023 Omnibus Equity Plan","proposal_type":"equity_plan","results":[{"broker_non_votes":"2,482,031","subject":null,"votes_abstain":"6,550","votes_against":"41,085","votes_for":"6,422,758","votes_withheld":null}]},"claim":"Future FinTech Group Inc. shareholders approved Adoption and Approval of the Future FinTech Group Inc. 2023 Omnibus Equity Plan at the 2023-12-05 meeting.","evidence_excerpt":"Proposal 3. 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(the “Company”) received a resignation letter from Mr. Yang (Sean) Liu to resign from his position as the Chief Operating Officer (“COO”) of the Company, effective on July 28, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-23-062207","anchor_url":"https://secwatch.observer/filing/0001213900-23-062207#claim-d119c46795","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390023062207/0001213900-23-062207-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"7b897185e1d87546f1bff12f0e36dd064f6e4509","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2023-04-19T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"deficient","cure_deadline":null,"deficiency_type":"late_filing","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2023-04-18","notice_type":"deficiency_notice","plan_due_date":null,"raw_rule_text":"NASDAQ Listing Rule 5250(c)(1)","reported_value":null,"rule_numbers":["5250(c)(1)"],"rules_cited_in_text":true},"claim":"Future FinTech Group Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).","evidence_excerpt":"April 18, 2023, Future FinTech Group Inc. (the\n“Company”) received a notification letter from the NASDAQ Listing Qualifications (“NASDAQ”) stating the Company\nwas not in compliance with NASDAQ Listing Rule 5250(c)(1), due to its failure to timely file its Annual Report on Form 10-K for the year\nended December 31, 2022 (the “2022 10-K”). The NASDAQ notification letter provides the Company 60 calendar days from the date\nof the notification, or until June 20, 2023, to submit a plan to NASDAQ to regain compliance with the NASDAQ’s continued listing\nrequirements. If the plan is accepted, NASDAQ can","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-23-031043","anchor_url":"https://secwatch.observer/filing/0001213900-23-031043#claim-7b897185e1d87546f1bff12f0e36dd064f6e4509","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390023031043/0001213900-23-031043-index.htm"},{"fact_type":"material_agreement","fact_key":"e6e32f00e496a5d5d89849599e79c74fa9f74894","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2023-03-01T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Share Transfer Agreement","agreement_type":"asset_purchase","counterparty":"Alpha Financial Limited","effective_date":"2023-02-27","item_codes_triggered":["1.01"],"value_text":"HK$15,659,949 (approximately $2,007,686)"},"claim":"Future FinTech Group Inc. entered into Share Transfer Agreement with Alpha Financial Limited valued at HK$15,659,949 (approximately $2,007,686) (effective 2023-02-27).","evidence_excerpt":"ntered into a Share Transfer Agreement (the “Agreement”) with Alpha Financial Limited, a company incorporated in Hong Kong","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-23-015869","anchor_url":"https://secwatch.observer/filing/0001213900-23-015869#claim-e6e32f00e496a5d5d89849599e79c74fa9f74894","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390023015869/0001213900-23-015869-index.htm"},{"fact_type":"governance_change","fact_key":"68a0d3cd6c8c3998a8f2c849641b005f7fc76b46","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2023-01-31T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2023-02-01","item_codes_triggered":["5.03"],"summary_text":"1-for-5 reverse stock split of common stock, reducing authorized shares from 300M to 60M"},"claim":"Future FinTech Group Inc.: 1-for-5 reverse stock split of common stock, reducing authorized shares from 300M to 60M (effective 2023-02-01).","evidence_excerpt":"On January 26, 2023, Future FinTech Group Inc. (the \"Company\") filed with the Florida Secretary of State's office Articles of Amendment (the “Amendment”) to amend its Second Amended and Restated Articles of Incorporation, as amended (“Articles of Incorporation”). As a result of the Amendment, the Company has authorized and approved a 1-for-5 reverse stock split of the Company’s authorized shares of common stock from 300,000,000 shares to 60,000,000 shares, accompanied by a corresponding decrease in the Company’s issued and outstanding shares of common stock (the \"Reverse Stock Split\").","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-23-006239","anchor_url":"https://secwatch.observer/filing/0001213900-23-006239#claim-68a0d3cd6c8c3998a8f2c849641b005f7fc76b46","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390023006239/0001213900-23-006239-index.htm"},{"fact_type":"shareholder_vote","fact_key":"4045fbfe855230471c39e1fcd75acdbc7853138d","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2022-12-21T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2022-12-16","outcome":"passed","proposal_text":"Ratification of the Appointment of Onestop Assurance PAC as the Company's Independent Registered Public Accounting Firm for the fiscal year ending December 31, 2022","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"57,883","votes_against":"1,709,625","votes_for":"43,822,628","votes_withheld":null}]},"claim":"Future FinTech Group Inc. shareholders approved Ratification of the Appointment of Onestop Assurance PAC as the Company's Independent Registered Public Accounting Firm for the fiscal year ending December 31, 2022 at the 2022-12-16 meeting.","evidence_excerpt":"Proposal 2: Ratification of the Appointment of Onestop Assurance PAC., as the Company’s Independent Registered Public Accounting Firm for the fiscal year ending December 31, 2022 The shareholders ratified the appointment of Onestop Assurance PAC , as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022, as follows: For Against Abstain Broker Non-Votes 43,822,628 1,709,625 57,883 N/A","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-22-081778","anchor_url":"https://secwatch.observer/filing/0001213900-22-081778#claim-4045fbfe855230471c39e1fcd75acdbc7853138d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390022081778/0001213900-22-081778-index.htm"},{"fact_type":"shareholder_vote","fact_key":"d40a30a7944c7e740f213eef288e84b4a6039790","cik":1066923,"ticker":"FTFT","company_name":"Future FinTech Group Inc.","filed_at":"2022-12-21T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2022-12-16","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":"13,582,002","subject":"Fuyou Li","votes_abstain":null,"votes_against":null,"votes_for":"31,637,884","votes_withheld":"370,250"},{"broker_non_votes":"13,582,002","subject":"Shanchun Huang","votes_abstain":null,"votes_against":null,"votes_for":"31,639,633","votes_withheld":"368,501"},{"broker_non_votes":"13,582,002","subject":"Ying Li","votes_abstain":null,"votes_against":null,"votes_for":"31,633,704","votes_withheld":"374,430"},{"broker_non_votes":"13,582,002","subject":"Johnson Lau","votes_abstain":null,"votes_against":null,"votes_for":"31,640,727","votes_withheld":"367,307"},{"broker_non_votes":"13,582,002","subject":"Mingjie Zhao","votes_abstain":null,"votes_against":null,"votes_for":"31,636,454","votes_withheld":"371,680"}]},"claim":"Future FinTech Group Inc. shareholders approved Election of Directors at the 2022-12-16 meeting.","evidence_excerpt":"Proposal 1. Election of Directors Name Votes For Votes Withheld Broker Non-Votes Fuyou Li 31,637,884 370,250 13,582,002 Shanchun Huang 31,639,633 368,501 13,582,002 Ying Li 31,633,704 374,430 13,582,002 Johnson Lau 31,640,727 367,307 13,582,002 Mingjie Zhao 31,636,454 371,680 13,582,002","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-22-081778","anchor_url":"https://secwatch.observer/filing/0001213900-22-081778#claim-d40a30a7944c7e740f213eef288e84b4a6039790","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1066923/000121390022081778/0001213900-22-081778-index.htm"}]}