Future FinTech Group

The board of directors of Future FinTech Group has approved a 1-for-4 stock consolidation, effective Thursday at 4:00 p.m. Eastern Time; adjusted trading will begin the following Monday under the ticker FTFT with new CUSIP 36117V600. The number of outstanding common shares will be reduced from about 32,309,970 to approximately 8,077,492, and shareholder approval was not required. Fractions will be rounded up, corresponding adjustments will be made to outstanding options and warrants; transfer agent Transhare will notify holders of physical certificates, and book-entry holders do not need to take any action. » Más en de.investing.com

Future FinTech Group raised $30 million by issuing 30 million common shares at $1.00 each in a private placement; the transaction closed on July 30. Wealth Index Capital purchased 10 million shares and increased its economic interest from about 27.0% to 32.9%. No placement commissions were paid and no purchasers were accommodated in a way that would trigger a NASDAQ consent requirement. The shares are classified as "restricted securities" without registration rights; the sale was made relying on exemptions under Section 4(a)(2) of the Securities Act. » Más en de.investing.com

For the fiscal year ended December 31, 2025, Future FinTech Group reported a loss of $2.31 per share versus a loss of $62.80 per share in the prior year. Revenue increased 77.31% to $3.83 million (prior year: $2.16 million). The figures come from the financial conference at quarter-end on March 18, 2026. » Más en finanzen.net