Future FinTech Group Inc. 8-K

What Happened

• Future FinTech Group Inc. (FTFT) filed an 8-K to report an amendment to its Articles of Incorporation that effects a 1-for-4 reverse stock split. The amendment reduced the company’s authorized common shares from 600,000,000 to 150,000,000 and decreased issued and outstanding shares from 20,193,311 pre-split to approximately 5,048,328 post-split. The Amendment became effective at 1:00 p.m. ET on January 8, 2026.
• The Board approved the Reverse Stock Split without shareholder approval under Section 607.10025 of the Florida Business Corporation Act. The common stock remains $0.001 par value. The company will round up fractional shares (no cash paid for fractions). Preferred shares (10,000,000 authorized) are unchanged and remain unissued.
• The change is being made primarily to comply with Nasdaq Marketplace Rule 5550(a)(2) (minimum bid price). FTFT’s shares will begin trading on Nasdaq on a post-split basis under the symbol “FTFT” on January 20, 2026. New CUSIP: 36117V402.

Key Details

• Reverse split ratio: 1-for-4.
• Authorized common shares: reduced from 600,000,000 to 150,000,000.
• Outstanding common shares: from 20,193,311 → ~5,048,328 (post-split).
• Effective date/time of amendment: January 8, 2026 at 1:00 p.m. ET; Nasdaq trading on post-split basis begins January 20, 2026.

Why It Matters

• The reverse split will reduce the share count and proportionally increase the per-share price and reported per-share metrics (e.g., EPS), but it does not change the company’s overall market value or most shareholders’ percentage ownership except for rounding adjustments on fractional shares.
• The action is aimed at meeting Nasdaq’s minimum bid price requirement, which is material for listing compliance and investor access. Investors should note the new CUSIP and the January 20, 2026 trading date for the post-split shares.