secwatch.observer — SEC 8-K summary
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Issuer:     Future FinTech Group Inc. (FTFT)
CIK:        0001066923
Form:       8-K
Filed at:   2022-08-31T23:59:59+00:00
Accession:  0001213900-22-052655
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Future FinTech gets 180-day extension to Feb 27, 2023 to meet Nasdaq $1 bid price
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- Received NASDAQ notice on Aug 30, 2022 granting additional 180 days until Feb 27, 2023 to regain compliance.
- Must show closing bid price of at least $1.00 for 10 consecutive business days before deadline.
- Company may effect a reverse stock split to cure the deficiency.
- Failure to comply by Feb 27, 2023 will result in delisting; can appeal to NASDAQ Hearings Panel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066923/000121390022052655/0001213900-22-052655-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066923/000121390022052655/ea165160-8k_futurefin.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-052655

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