secwatch.observer — SEC 8-K summary
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Issuer:     Future FinTech Group Inc. (FTFT)
CIK:        0001066923
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0001213900-23-006239
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Future FinTech Group approves 1-for-5 reverse stock split effective Feb 1, 2023
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- 1-for-5 reverse split, reducing authorized common shares from 300M to 60M, par value remains $0.001.
- Effective 1:00 am ET on February 1, 2023; no fractional shares issued (rounded up).
- Board approved without shareholder vote under Florida Business Corporation Act Section 607.10025.
- Common stock continues trading on Nasdaq under symbol FTFT; new CUSIP is 36117V204.
- Preferred share authorization unchanged at 10M shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066923/000121390023006239/0001213900-23-006239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066923/000121390023006239/ea172398-8k_futurefin.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-006239

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