Future FinTech raises $30M via 30M share placement at $1.00; controlling shareholder ups stake to 32.9%

Future FinTech Group Inc.

Gross proceeds of $30M from sale of 30M shares at $1.00 per share in private placement.
Wealth Index Capital (controlled by former CEO Shanchun Huang) purchased 10M shares, increasing ownership from 27% to 32.9%.
No registration rights granted; shares are restricted securities under Securities Act.
Pre-offering shares outstanding: 2,080,831; post-offering: 32,080,831 (massive dilution).
Offering exempt under Section 4(a)(2) and Regulation S; no underwriter or placement agent.

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