Future FinTech files 8-K/A to correct CUSIP; 1-for-10 reverse split effective April 1

Future FinTech Group Inc.

Board-approved 1-for-10 reverse split without shareholder vote to meet Nasdaq min bid price (Rule 5550(a)(2)).
Pre-split shares: 30,082,890; post-split approx 3,009,289; par value unchanged $0.001.
New CUSIP corrected to 36117V303; post-split Nasdaq trading begins April 4, 2025 under 'FTFT'.
No change to authorized preferred shares (10M, none issued); fractional shares rounded up, no cash paid.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Future FinTech Group Inc.: Articles of Amendment filed to effect a 1-for-10 reverse stock split, reducing authorized common shares from 60,000,000 to 6,000,000 and decreasing issued and outstanding shares accordingly, with $0.001 par value unchanged, effective April 1, 2025, to comply with Nasdaq minimum bid price rule (effective 2025-04-01).

Change: charter amendment
Effective: 2025-04-01

Exact text from the filing

On March 27, 2025, Future FinTech Group Inc. (the "Company") filed with the Florida Secretary of State's office Articles of Amendment (the “Amendment”) to amend its Second Amended and Restated Articles of Incorporation, as amended (“Articles of Incorporation”). As a result of the Amendment, the Company has authorized and approved a 1-for-10 reverse stock split of the Company’s authorized shares of common stock from 60,000,000 shares to 6,000,000 shares, accompanied by a corresponding decrease in the Company’s issued and outstanding shares of common stock (the "Reverse Stock Split").

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Source: SEC EDGAR

accession 0001213900-25-028068

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