Highest-materiality recent filing
Future FinTech dismisses Fortune CPA, appoints Wei, Wei & Co. as new auditor
Dismissed Fortune CPA Inc. as independent auditor effective July 6, 2026; Fortune had served since August 2023.
Future FinTech announces 1-for-4 reverse stock split effective July 10, 2026
Reverse stock split ratio 1:4; effective 4:00 p.m. ET on July 10, 2026.
FTFT to acquire 20% of Xi'an Changshida for RMB 44M (~$6.46M)
Purchase price: RMB 40M cash + 493,062 FTFT shares (value RMB 4M), payable within 10 days after equity transfer and PRC registration.
Future FinTech (FTFT) closes $2M Pre-Paid Purchase #3 under $10M Avondale facility
Issued Pre-Paid Instrument with $2.16M principal for $2M cash (8% OID) on May 20, 2026.
Future FinTech 1-for-4 reverse stock split effective Jan 8 to meet Nasdaq minimum bid price
Reverse split reduces authorized shares from 600M to 150M; outstanding from ~20.2M to ~5.05M.
Shareholders approve 2025 Omnibus Equity Plan, elect directors at Future FinTech annual meeting
All five director nominees (Hu Li, Mingyong Hu, Mingjie Zhao, Ting Ouyang, David Xu) elected.
Sold 100% of Future Commercial Management (Hainan) Co., Ltd. to Xi'an Yinshi Trading Co., Ltd. for RMB 10 million.
Future FinTech closes second pre-paid financing tranche with Avondale Capital for $1M
Issued Pre-Paid Purchase #2 with $1,080,000 principal for $1,000,000 cash (8% OID).
Future FinTech Group reports change in control after WICL acquires 48% stake via $18M share issuance
Issued 9M shares at $2/share to Wealth Index Capital (WICL) for $18M, giving WICL 48.1% ownership.
Authorized common shares raised from 6M to 600M; vote 1,622,713 for, 16,965 against.
Future FinTech extends shareholder meeting notice period from 60 to 70 days
Board approved Amended and Restated Bylaws effective August 6, 2025.
Future FinTech signs two financing deals: up to $10M pre-paid facility & 15M share offering at $2.00
Equity SPA for up to 15M shares at $2.00/share; initial closing capped at 19.9% of outstanding; shareholder approval required for remainder.
Future FinTech settles $10.2M judgments via stock issuance; CFO, Chairman resign; new appointments
Settlement of ~$10.2M in four judgments with FT Global; issuance of up to 1.7M shares (340k + 60k + 650k Series A + 650k Series B) exempt under Section 3(a)(10).
Settlement resolves $10,186,442.78 in judgments from GA, NY, FL, and OH federal courts.
Future FinTech Group COO Peng Lei resigns effective June 15, 2025
Peng Lei resigned as Chief Operating Officer, effective June 15, 2025.
Future FinTech faces $10.6M judgment; court orders turnover of subsidiary shares and unissued stock
Court entered $10.6M judgment on Apr 16, 2024; company appealed to Eleventh Circuit on Apr 2, 2025.
Future FinTech regains NASDAQ minimum bid price compliance
Received NASDAQ notice on April 28, 2025 confirming regained compliance with $1.00 minimum bid price requirement.
Future FinTech files 8-K/A to correct CUSIP; 1-for-10 reverse split effective April 1
Board-approved 1-for-10 reverse split without shareholder vote to meet Nasdaq min bid price (Rule 5550(a)(2)).
Future FinTech Group approves 1-for-10 reverse stock split to meet Nasdaq minimum bid price
Reverse stock split effective April 1, 2025; pre-split shares outstanding 30,082,890 become approx 3,009,289.
FTFT faces $10.6M judgment after post-trial motion denied; will appeal
Court entered amended judgment of $10,598,379.93 on April 16, 2024, including $7.9M damages, $1.7M prejudgment interest, and $980K attorney fees.
NY Court ordered turnover of FTFT subsidiary shares; U.S. Marshal auctioned non-China/HK securities for $25,000 to FT Global's counsel on Dec 18, 2024.
Future FinTech sells FTFT SuperComputing to DDMM Capital for ~$1.97M to satisfy judgment
Sale of wholly owned subsidiary FTFT SuperComputing for $1M cash plus assumption of $973,072 in liabilities; closed Dec 9, 2024.
Future FinTech receives 180-day Nasdaq extension to May 12, 2025 for $1 bid price rule
NASDAQ granted additional 180 days until May 12, 2025 to cure minimum $1.00 closing bid price deficiency.
Future FinTech appoints Mingyong Hu as director, Audit Committee chairman to replace resigning Lau
Director Johonson (Shun-Pong) Lau resigned on Sep 30, 2024, due to other commitments, no disagreement with Board.
NY Court orders FTFT to turn over subsidiary shares to satisfy $10.6M judgment
Amended judgment of April 16, 2024 for $10,598,379.93 includes $7.9M damages, $1.7M interest, $980K fees.
Future FinTech appoints Hu Li as CEO; Shanchun Huang resigns
CEO Shanchun Huang resigned effective Aug 5, 2024, citing personal reasons, no disagreement with company.
Future FinTech receives Nasdaq bid-price deficiency notice; 180 days to cure
Nasdaq notified FTFT on May 13, 2024 that closing bid price was below $1.00 for 30 consecutive days.
Future FinTech faces $10.6M judgment in Georgia placement agent lawsuit; plans appeal
Jury verdict on April 11, 2024 awarded FT Global $7,895,265 damages and $980,000 attorney fees.
Future FinTech amends $1.1M convertible note; adds $0.2272 floor price, cash redemption option
Added floor price of $0.2272 per share for redemption conversion; below floor triggers cash payment within 3 trading days.
FTFT raises $2.58M via private placement of 2.15M shares at $1.20/share
Private placement of 2,150,536 shares at $1.20/share for $2,580,644 total proceeds.
Shanchun Huang, formerly CFO, named CEO and President in new one-year employment agreement
Shanchun Huang, previously CFO and President, appointed CEO and President under Employment Agreement effective Jan 1, 2024.
Future FinTech issues $1.1M convertible note to Streeterville Capital at $1.20/share
Net proceeds of $1.0M after $80K original issue discount and $20K transaction fees.
FTFT grants 200k shares to CEO, 40k to COO, 30k to secretary in immediate-vest stock award
CEO Shanchun Huang receives 200,000 shares; COO Peng Lei receives 40,000 shares; Corporate Secretary Hoo Lee receives 30,000 shares.
All five director nominees (Huang, Lau, Li, Zhao, Li) elected with ~6.4M votes each; broker non-votes 2.48M.
CEO Shanchun Huang appointed President after death of Yongke Xue on Nov 24, 2023
Shanchun Huang, already CEO, was appointed President on Dec 4, 2023, to fill vacancy from Yongke Xue's death.
Future FinTech completes acquisition of Alpha International Securities for ~$2M
Acquired 100% of Alpha International Securities (HK) and Alpha SZ for HK$15.66M (~$2.0M) in cash; closed Nov 7, 2023.
Future FinTech amends 8-K to add former auditor letter on accountant change
Amendment adds Exhibit 16.1: letter from former independent auditor Onestop Assurance PAC.
Future FinTech dismisses Onestop Assurance, engages Fortune CPA as new auditor
On August 2, 2023, Audit Committee dismissed Onestop Assurance as independent auditor, effective immediately.
Future FinTech names Peng Lei as new COO; Yang Liu resigns
Yang Liu resigned as COO effective July 28, 2023; remains in subsidiary roles.
Future FinTech regains Nasdaq compliance after filing FY2022 10-K
Received Nasdaq notice on April 21, 2023 confirming compliance with Listing Rule 5250(c)(1).
Future FinTech receives NASDAQ delisting notice for late 10-K; expects to file today
Received NASDAQ letter on April 18, 2023 for failure to timely file 2022 Form 10-K (Listing Rule 5250(c)(1)).
Future FinTech acquires Alpha International Securities for ~$2M; HKSFC approval pending
Total purchase price HK$15,659,949 (~$2,007,686) for all shares of Alpha HK and Alpha SZ.
Future FinTech (FTFT) regains NASDAQ minimum bid price compliance
Received NASDAQ notification on Feb 15, 2023 that it regained compliance with the $1.00 minimum bid price rule.
Future FinTech Group approves 1-for-5 reverse stock split effective Feb 1, 2023
1-for-5 reverse split, reducing authorized common shares from 300M to 60M, par value remains $0.001.
Future FinTech Group reports shareholder vote results from 2022 annual meeting
All five director nominees elected: Shanchun Huang, Johnson Lau, Fuyou Li, Mingjie Zhao, Ying Li with over 31.6M votes for each.
Future FinTech completes acquisition of Khyber Money Exchange for €685,000
FTFT UK subsidiary acquired 100% equity of Khyber Exchange on Sept 29, 2022.
Future FinTech gets 180-day extension to Feb 27, 2023 to meet Nasdaq $1 bid price
Received NASDAQ notice on Aug 30, 2022 granting additional 180 days until Feb 27, 2023 to regain compliance.
Future FinTech awards 1.7M fully vested shares to CEO, President, and CFO
CEO Shanchun Huang received 800,000 unrestricted shares; President Yongke Xue 800,000; CFO Ming Yi 100,000.
FTFT receives Nasdaq bid price deficiency notice; compliance period ends Aug 29, 2022
Nasdaq notified FTFT on March 1, 2022 that bid price closed below $1.00 for 30 consecutive days.
Future FinTech enters $62M Ohio crypto mining farm JV; APC gets option to buy 30%
Agreement with APC Service Ltd. for a 300MW cryptocurrency mining farm in Ohio; total estimated investment of $62 million across six 50MW phases.
On June 13, 2025, Future FinTech Group Inc. (the “Company”) received a resignation letter from Mr. Peng Lei to resign from his position as the Chief Operating Officer (“COO”) of the Company, effective on June 15, 2025.
On September 30, 2024, the Board of Directors (the “Board”) of Future FinTech Group, Inc. (the “Company”) received a resignation letter from Mr. Johonson (Shun-Pong) Lau, to resign from the positions as a member of the Board, Chairman of the Audit Committee and a member of Compensation Committee, effective on September 30, 2024.
On October 1, 2024, the Board appointed Mr. Mingyong Hu as a member of the Board, Chairman of the Audit Committee and a member of Compensation Committee of the Board , effective immediately, to fill the vacancy following the resignation of Mr. Lau.
On August 5, 2024, the Board appointed Mr. Hu Li as a director of the Board and the CEO and President of the Company.
On August 5, 2024, the Board of Directors (the “Board”) of Future FinTech Group, Inc. (the “Company”) received a resignation letter from Mr. Shanchun Huang to resign from his positions as a director of the Board and the Chief Executive Officer (“CEO”) and President of the Company, effective on August 5, 2024.
On December 4, 2023, the Board of Directors of the Company (the “Board”) appointed Mr. Shanchun Huang, the Chief Executive Officer of the Company, as the President of the Company to fill the vacancy caused by the death of Mr. Yongke Xue on November 24, 2023.
to fill the vacancy caused by the death of Mr. Yongke Xue on November 24, 2023
On July 27, 2023, Future FinTech Group Inc. (the “Company”) received a resignation letter from Mr. Yang (Sean) Liu to resign from his position as the Chief Operating Officer (“COO”) of the Company, effective on July 28, 2023.
On July 28, 2023, the Board of Directors of the Company (the “Board”) appointed Mr. Peng Lei as the COO of the Company.
Max materiality 0.90 · Median 0.60 · Most common event other_material