FTFT receives Nasdaq bid price deficiency notice; compliance period ends Aug 29, 2022

Future FinTech Group Inc.

Nasdaq notified FTFT on March 1, 2022 that bid price closed below $1.00 for 30 consecutive days.
Company has 180 calendar days until August 29, 2022 to regain compliance by closing at $1.00+ for 10 consecutive business days.
If not compliant, FTFT may be eligible for an additional 180-day period if it meets other listing standards.
FTFT intends to monitor bid price and consider options including a reverse stock split to cure the deficiency.

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