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.
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 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 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 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.
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.
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.
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.
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.
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 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 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