Future FinTech (FTFT) closes $2M Pre-Paid Purchase #3 under $10M Avondale facility

Future FinTech Group Inc.

Issued Pre-Paid Instrument with $2.16M principal for $2M cash (8% OID) on May 20, 2026.
Terms consistent with prior closings; shares registered under S-1 filed Sept 30, 2025.
Investor can convert outstanding balance into common stock after six months or effective registration statement.
Company may prepay at 120% of outstanding balance with 10 days' notice; investor retains purchase rights.
Default triggers 10% default effect and 18% default interest; weekly sales capped at 15% of trading volume.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Future FinTech Group Inc. entered into Pre-Paid Purchase #3 with Avondale Capital, LLC valued at $2,000,000 in cash proceeds (effective 2026-05-20).

Action: entry
Agreement: equity purchase
Counterparty: Avondale Capital, LLC
Value: $2,000,000 in cash proceeds
Effective: 2026-05-20

Exact text from the filing

On May 20, 2026, the Company entered into Pre-Paid Purchase #3 (the “Pre-Paid Purchase #3”) with the investor, pursuant to the Pre-Paid SPA.

View on SEC.gov

273 material agreements filed in the last 30 days. Browse all material agreements →

Future FinTech Group Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-061050

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.