---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-001935"
form_type: "8-K"
ticker: "FTFT"
cik: "0001066923"
company_name: "Future FinTech Group Inc."
filed_at: "2024-01-08T23:59:59+00:00"
generated_at: "2026-06-07T01:56:29.877646+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FTFT raises $2.58M via private placement of 2.15M shares at $1.20/share

## Summary
- Private placement of 2,150,536 shares at $1.20/share for $2,580,644 total proceeds.
- Shares issued under Regulation S to non-US persons; restricted and not registered.
- Placement subject to 19.9% limit; excess requires shareholder approval per NASDAQ rules.
- No brokers fees or commissions payable by the company.
- Company's authorized capital as of Jan 5, 2024: 17,834,874 shares.

## SEC filing metadata
- accession: 0001213900-24-001935
- form_type: 8-K
- ticker: FTFT
- cik: 0001066923
- company_name: Future FinTech Group Inc.
- filed_at: 2024-01-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1066923/000121390024001935/0001213900-24-001935-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1066923/000121390024001935/ea191292-8k_futurefin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-001935
- JSON: https://secwatch.observer/filing/0001213900-24-001935.json
- Plain text: https://secwatch.observer/filing/0001213900-24-001935.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain purchasers identified on the signature page thereto
  - Value: $2,580,644
  - Effective: 2024-01-05
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1066923/000121390024001935/0001213900-24-001935-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.