---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-043620"
form_type: "8-K"
ticker: "FTFT"
cik: "0001066923"
company_name: "Future FinTech Group Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T22:32:30.660270+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Future FinTech receives Nasdaq bid-price deficiency notice; 180 days to cure

## Summary
- Nasdaq notified FTFT on May 13, 2024 that closing bid price was below $1.00 for 30 consecutive days.
- Company has until November 11, 2024 to regain compliance with Minimum Bid Price Requirement.
- If bid price closes at $1.00+ for 10 consecutive days within the period, compliance will be achieved.
- If not cured, FTFT may qualify for an additional 180-day period by meeting other Nasdaq Capital Market listing standards.
- Company intends to monitor the bid price and consider all options, including a reverse stock split.

## SEC filing metadata
- accession: 0001213900-24-043620
- form_type: 8-K
- ticker: FTFT
- cik: 0001066923
- company_name: Future FinTech Group Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1066923/000121390024043620/0001213900-24-043620-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1066923/000121390024043620/ea0206098-8k_future.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-043620
- JSON: https://secwatch.observer/filing/0001213900-24-043620.json
- Plain text: https://secwatch.observer/filing/0001213900-24-043620.txt

## Key facts
- Listing & Compliance Notices
  Future FinTech Group Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: May 13, 2024, Future FinTech Group Inc. (the “Company”) received a letter from the Nasdaq Stock Market (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s common stock listed on Nasdaq was below $1.00 for 30 consecutive business days, the Company no longer meets the minimum bid price requirement for continued listing on Nasdaq under Nasdaq Marketplace Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”). The notification has no immediate effect on the listing of the Company’s common stock. In accordance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1066923/000121390024043620/0001213900-24-043620-index.htm

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