UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~May~~August 2315, 2022

FTE NETWORKS, INC.

(Exact name of registrant as specified in its charter)

Nevada

001-38322

81-0438093

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

641 Lexington Avenue, 14^th Floor

New York, NY

10022

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: 800-320-1911

(Former Name or Former Address, if Changed Since Last Report): Not Applicable

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure

FTE Networks, Inc. (“FTE” or the “Company”), today issued a shareholder update. The full text of the letter from interim CEO Michael P. Beys follows.

Dear Shareholders:

MyWe ~~last~~wanted ~~shareholder~~to ~~update~~provide ~~was~~an ~~sent~~update on ~~March~~what ~~25, 2022 in which I made reference to a series of legal proceedings that~~ FTE has ~~commenced to~~been ~~uphold~~focused on and ~~defend~~share ~~the~~with ~~rights of its shareholders. As~~ you ~~may~~some ~~know,~~of Iour ~~have~~top ~~dedicated~~objectives myfor ~~career to~~ the ~~cause~~months ofahead ~~justice, both~~ as ~~a federal~~we ~~prosecutor~~continue inour ~~the~~work ~~U.S.~~to ~~Attorney’s~~preserve ~~Office~~value for ~~the~~you, ~~Eastern~~our ~~District~~shareholders. ofIn ~~New York~~summary, ~~and~~FTE inhas ~~private~~brought ~~practice~~new ~~where~~litigation Iagainst ~~prosecute and defend~~Alexander ~~civil~~ and ~~criminal~~Antoni ~~white-collar~~Szkaradek ~~cases.~~in IDelaware, ~~see~~is myprosecuting ~~role~~the atexisting ~~FTE~~claims asagainst aSuneet ~~caretaker~~Singal toand ~~the~~his ~~public~~co-conspirators ~~interest~~in ~~and~~a ~~have~~New ~~been~~York ~~working tirelessly since~~litigation Iand ~~took~~has ~~over~~won asan ~~interim~~important ~~CEO~~victory in ~~December~~Nevada. ~~2019~~We tohave ~~recover~~alleged ~~value~~before ~~for~~and ~~aggrieved~~continue ~~FTE~~to ~~shareholders.~~allege Bythat ~~necessity~~the Szkaradeks, ISingal ~~have~~and ~~had~~other ~~to bring my background~~participants ~~and~~conspired ~~experience~~together asin a ~~criminal~~fraud and ~~civil~~racketeering ~~litigator~~scheme ofto ~~fraud~~benefit ~~and~~themselves ~~racketeering~~at tothe ~~bear~~expense onof ~~your~~you, ~~behalf~~our shareholders.

~~Transparency~~Delaware isLitigation ~~critical~~Against toAlexander ~~strong~~and ~~leadership.~~Antoni ~~It is also paramount to ensure the rights of our shareholders are protected, particularly when wrongdoing has occurred. Accordingly, here is the latest update on FTE’s recent litigation matters.~~Szkaradek

~~Prior~~Since ~~Fraudulent~~our ~~Conduct~~last letter in May 2022, FTE filed a lawsuit against Alexander Szkaradek and Antoni Szkaradek for fraud, fraudulent inducement, civil conspiracy, and breach of contract in connection with the sale of the Vision portfolio to FTE. The lawsuit alleges that in 2019 the Szkaradeks, then-owners of Vision Property Management, falsely represented their portfolio of properties in a highly orchestrated scheme to unload their liabilities on the Company. It is alleged they did so under the false premise that the properties were worth hundreds of millions of dollars and would allow FTE to recover from the damage caused by FTE’s ~~Former~~former CEO &and CFO. In particular, the lawsuit alleges that the Szkaradeks made several intentional misrepresentations, including purposefully failing to disclose the number and volume of consumer complaints that had been lodged against Vision throughout various states – which effectively rendered the properties radioactive from a market perspective.

AsIndeed, ~~you~~in ~~know,~~the ~~since~~days ~~2019,~~prior ~~the~~to ~~Company~~FTE’s ~~has~~acquisition ~~been~~of ~~navigating~~Vision ~~the~~in ~~aftermath~~December of2019, the ~~fraud~~Szkaradeks ~~perpetrated~~insisted bythat ~~its~~their ~~former~~alleged ~~CEO~~co-conspirator ~~Michael Palleschi and~~Suneet ~~former~~Singal ~~CFO~~– ~~David~~who ~~Lethem,~~had ~~who~~just ~~were~~days ~~later~~before been charged by the ~~U.S.~~Securities ~~Attorney’s~~and ~~Office~~Exchange ~~for~~Commission ~~the~~(SEC) ~~Southern~~for ~~District~~defrauding investors of ~~New~~First ~~York,~~Capital ~~the~~Real ~~U.S.~~Estate ~~Securities and~~Trust ~~Exchange~~Inc. ~~Commission~~ (~~“SEC”~~FC REIT), ~~and~~– ~~the~~be ~~New~~compensated ~~York~~for ~~County~~his ~~District~~so-called ~~Attorney~~finder’s onfee ~~July~~through ~~15,~~the ~~2021.~~transfer of $100 million of FTE isstock. ~~currently~~In ~~cooperating with~~pushing ~~these~~for ~~authorities~~this onpurported ~~all~~fee, ~~criminal~~the ~~and~~Szkaradeks ~~SEC~~promised ~~enforcement~~that ~~matters~~it ~~related~~would not be distributed to ~~Palleschi~~Singal, ~~and~~but rather, ~~Lethem~~to the victims of Singal’s SEC fraud, namely the FC REIT.

InThat ~~addition~~never happened. Instead, ~~Palleschi~~the suit alleges that the Szkaradeks and ~~Lethem’s~~Singal ~~alleged~~conspired ~~fraudulent~~together ~~scheme~~to ~~was~~interfere ~~financed~~with these contracts by ~~numerous~~surreptitiously ~~Merchant~~attempting ~~Cash~~to ~~Advance~~transfer ~~(“MCA”)~~millions ~~lenders~~of FTE shares to Singal, his family, and/or his affiliates through the use of sham shell companies and ~~convertible~~other ~~noteholders~~means, ~~against~~including ~~whom~~individual ~~FTE~~intermediaries ~~has~~who ~~recently~~fraudulently ~~commenced~~acted ~~litigation~~as conduits. ToFTE ~~date~~believes this was a direct breach of the terms agreed upon in the Purchase Agreement, which is why FTE ~~has~~is ~~filed~~seeking ato ~~total~~hold ofthem 7accountable ~~different~~for ~~lawsuits~~these ~~against~~actions. ~~several~~As ofalleged ~~these~~in ~~lenders~~the complaint, ~~alleging~~the ~~that~~fraudulent ~~the~~scheme ~~loans~~was ~~issued~~even toperpetrated with the ~~Company~~direct ~~violated~~knowledge ~~New~~and ~~York’s~~participation ~~criminal~~of ~~usury~~current director ~~laws~~Joseph F. Cunningham, as well as a former director and former officer of FTE.

~~Recent~~The ~~Alleged~~Delaware ~~Fraud~~case ~~and~~is ~~Racketeering~~1:22-cv-00785, byFTE ~~Singal,~~Networks ~~the~~Inc. ~~Szkaradeks,~~v. ~~and~~Szkaradek ~~others~~et al.

AsNevada ~~you~~Litigation ~~know~~Involving ~~from our March 25, 2022 shareholder update, FTE and US Home Rentals (“USHR”), FTE’s real estate subsidiary, have been~~ the ~~victim~~Szkaradeks ~~of a second, more recent fraud. Since October 2019, Suneet Singal has worked with Alex~~ and ~~Antoni~~Innovativ ~~Szkaradek~~Media and others, including certain FTE directors, a former officer, and even one of its lenders, to perpetrate a massive fraud in connection with the USHR real estate portfolio, which FTE acquired from the Szkaradeks.Group

~~The~~As ~~following~~we isnoted ain ~~brief~~our ~~description~~March 2022 update, the Szkaradeks and Innovativ Media Group (one of ~~certain~~the parties that FTE alleges acted fraudulently as a conduit for the unlawful transfer of ~~these~~FTE ~~actions~~shares to Singal and his affiliates) brought claims against FTE in Nevada seeking, among asother ~~alleged~~things, access to FTE’s shareholder list and the Company’s recognition of a purported revision to FTE’s bylaws. We are pleased to share that the Nevada court has dismissed the claims of the Szkaradeks because those claims must be adjudicated in ~~our~~the ~~various~~above-described ~~legal~~Delaware ~~pleadings:~~litigation.

1FTE continues to contest any claims that Innovativ may assert in the Nevada litigation. ~~Alleged~~Following ~~Fraud~~the byCourt’s ~~Direct~~order ~~Lending~~for ~~Partners~~FTE to turn over its shareholder list to Innovativ, ~~Alex~~FTE and ~~Antoni~~Innovativ ~~Szkaradek,~~began negotiating a protective order to ensure the shareholder list is not shared with anyone other than Innovativ and ~~Suneet~~its legal counsel. In particular, FTE is seeking to prevent Innovativ from sharing the shareholder list with numerous parties, including the Szkaradeks, Singal and his affiliates, current director Cunningham, and others whom FTE alleges all acted in concert as part of the fraud and racketeering conspiracy to benefit themselves at the expense of other FTE shareholders. These negotiations over the protective order are currently ongoing.

InSuneet ~~February~~Singal ~~2022,~~Charged ~~the Company took action related to a fraud perpetrated against FTE~~ by ~~filing~~Federal a countersuit in Pennsylvania against Direct Lending Partners, one of the legacy, pre-existing lenders to Vision Property Management (“VPM”). VPM, which was owned and managed by Alex and Antoni Szkaradek, sold its portfolio of single-family residential assets to USHR in December 2019.Prosecutors

~~Our~~Suneet Singal continues to face serious legal ~~filings~~issues, ~~allege~~which ~~that~~FTE ~~this~~believes ~~second~~bolsters ~~fraud~~its ~~was~~allegations ~~led~~of byfraud ~~Suneet~~and ~~Singal,~~racketeering. ~~with~~In April 2022, the ~~participation~~Department of ~~current~~Justice ~~FTE~~(DOJ) ~~board~~brought ~~member~~criminal ~~Joe~~charges ~~Cunningham,~~against Singal for fraud involving lenders to another company under ~~former~~his ~~board~~control. ~~member~~This ~~Peter~~matter ~~Ghishan,~~does ~~former~~not involve FTE. ~~CEO~~According ~~Stephen~~to ~~Goodwin~~the DOJ announcement, ~~and~~if ~~several~~convicted, ~~major~~Singal ~~FTE~~faces ~~shareholders,~~up ~~including~~to ~~the~~20 ~~Szkaradeks~~years in prison. The government’s case is ongoing.

~~Specifically,~~The wecase ~~allege~~is ~~that the Szkaradeks~~2:22-cr-00068, ~~with~~USA Singal as their partner, broker and the scheme’s overall ringleader, sought to offload VPM’s real estate portfolio to FTE by concealing numerous and massive liabilities and vastly overstating its valuev. WeSuneet believe that the Szkaradeks sought to evade numerous regulatory and legal claims brought by several Attorneys General for the alleged unconscionable and predatory lending and housing practices they engaged in at VPMSingal.

InThese ~~December~~federal ~~2019,~~criminal ~~after~~charges ~~learning~~are ~~that~~unrelated ~~Singal (who was ostensibly entitled~~ to athe ~~“brokers~~charges ~~fee”~~previously ~~for~~brought ~~introducing~~against ~~VPM~~Singal ~~to FTE) had been charged~~ by the SEC ~~for~~in ~~defrauding~~December a2019. ~~non-traded~~The ~~Real Estate Investment Trust (“REIT”) known as the First Capital REIT~~SEC’s ~~(“FC~~complaint ~~REIT”)—while~~alleged ~~serving~~that ~~as its CEO, no less—FTE re-negotiated~~ Singal’s ~~substantial~~and ~~consideration~~his ~~from the~~entities ~~transaction~~perpetrated ~~whereby~~two ~~the~~separate ~~Szkaradeks~~frauds ~~agreed~~relating to ~~direct~~two ~~11MM~~public ~~FTE~~companies, ~~shares to~~ the FC REIT’s ~~shareholders.~~and a ~~Singal~~business ~~had~~development ~~previously~~company, ~~acquired FTE~~both ~~shares~~victims of ~~his~~the ~~own~~alleged ~~after~~fraud. heAs ~~convinced~~a ~~FTE’s~~result ~~board,~~of ~~including~~a ~~Goodwin,~~court-ordered ~~Ghishan,~~settlement ~~and~~with ~~Cunningham,~~the toSEC ~~convert~~in ~~debt~~July ~~into shares as~~2021, ~~part~~Singal ofagreed ~~his plans~~ to ~~raise~~pay amore ~~much-needed~~than ~~capital~~$7 ~~infusion~~million ~~for~~in ~~FTE~~restitution inand ~~the~~to ~~fall~~be ofbarred ~~2019.~~from ~~Because~~association ofwith ~~his~~any ~~alleged~~broker, ~~frauds~~dealer, ~~FTE~~or isinvestment ~~now seeking~~advisor ~~the~~for ~~return~~10 ~~of all Singal-related FTE shares~~years.

~~Our~~The ~~complaint~~case ~~also~~is ~~alleges that the Szkaradeks made numerous false representations with regard to certain business practices~~1:19-cv-11452-MKV, ~~pending~~Securities ~~litigation,~~ and ~~lender~~Exchange ~~consents,~~Commission ~~which materially reduced the value FTE would have ascribed to the home portfolio~~v. AsSuneet ~~a result of this scheme~~Singal, ~~the Szkaradeks~~First ~~received~~Capital ~~22MM~~Real ~~shares~~Estate ofInvestments, ~~FTE~~LLC, ~~common stock (11MM of which were intended for the FC REIT) as consideration for the purchase of~~First ~~the~~Capital ~~home~~Real ~~portfolio~~Estate ~~assets.~~Advisors ~~FTE~~LP, isand ~~now~~First ~~seeking~~Capital ~~for~~Real ~~the~~Estate ~~Szkaradeks~~Trust ~~to return those shares~~Inc.

InThe ~~July~~DOJ’s ~~2021,~~federal ~~Singal~~criminal ~~settled~~charges ~~with~~are ~~the~~also ~~SEC~~unrelated ~~for~~to the real estate fraud ~~charges~~and ~~related~~racketeering toallegations ~~defrauding~~brought ~~the~~by FCFTE ~~REIT~~in ~~while~~the ~~serving~~Delaware, Pennsylvania, asand ~~its~~New ~~CEO~~York litigations. As ~~part~~we ofhave ~~the~~informed ~~settlement, Singal~~you ~~agreed~~in tothis beand ~~barred~~prior ~~from~~communications, ~~association~~in ~~with~~those ~~any broker~~actions, ~~dealer,~~FTE ~~investment~~has ~~advisor~~alleged ~~for~~a fraudulent 10scheme ~~years.1~~by ~~Then,~~the inSzkaradeks ~~April~~and ~~2022,~~ Singal ~~was~~to ~~criminally~~offload ~~charged~~a real estate portfolio to FTE by ~~federal~~concealing ~~prosecutors~~numerous inand ~~California~~massive ~~for~~liabilities and ~~yet~~vastly ~~another~~overstating ~~fraud~~its ~~involving~~value. ~~lenders~~We believe these actions were taken to ~~another~~undermine ~~company~~FTE, ~~under~~USHR, ~~his control.~~and ~~According~~its tobusiness, for the ~~DOJ~~benefit ~~announcement,~~of ifcertain FTE ~~convicted~~shareholders, ~~Singal~~at ~~faces~~the upexpense toof 20our ~~years~~shareholders inat ~~prison~~large.2

2.The Pennsylvania ~~Action~~case tois ~~Hold~~C-48-CV-2021-09442, ~~Singal~~DLP ~~and~~Lending ~~Co-Conspirators~~Fund, ~~Responsible~~LLC v. Beys, et al.

OnThe ~~May~~Delaware ~~11,~~care ~~2022,~~s ~~FTE~~cited ~~filed a RICO lawsuit against Singal~~above, ~~Cunningham, Ghishan,~~ and ~~Goodwin, for their participation in Singal and~~ the ~~Szkaradek’s fraud~~New ~~and~~York ~~racketeering~~case ~~scheme. In addition, twice-convicted felon Bruce Fahey was named in the lawsuit after he too joined the ranks of this group and, we believe, made attempts to extort various FTE shareholders. FTE~~ is ~~seeking~~cited ~~the return of all of their FTE shares~~below.

InRICO ~~addition,~~Litigation ~~FTE~~Against ~~seeks~~Singal ~~to force the transfer of the 11MM FTE shares that were intended for the FC REIT but that were never transferred to their rightful owners~~ and wrongly withheld by the fraudsters and racketeers. More generally, FTE is seeking to unwind several complex, prohibited transfers of FTE’s stock and debt by the Szkaradeks and Singal, engineered to move millions of FTE shares into entities controlled or managed by proxies of Singal such as his ~~wife.~~Co-Conspirators

AsIn May 2022, FTE filed a ~~result~~RICO oflawsuit ~~the~~in ~~fraud~~New ~~and~~York ~~racketeering~~against ~~scheme~~Singal and ~~the~~others ~~prohibited~~related ~~transfers~~ to ~~Singal-controlled~~the ~~entities~~alleged fraud and ~~affiliates,~~racketeering inscheme ~~April 2022,~~described ~~the~~above, ~~conspirators~~misleading ~~attempted~~FTE toas ~~block~~they ~~FTE’s~~sought ~~ability~~ to ~~raise~~shed ~~financing~~the ~~and~~Szkaradeks’ ~~made~~portfolio ~~the~~of ~~false~~underwater ~~and~~rent-to-own ~~invalid~~properties ~~claim~~ that ~~they~~were ~~collectively~~plagued ~~owned~~with astate ~~majority~~regulatory ofand ~~FTE’s~~consumer ~~common~~liabilities, ~~stock.~~secure ~~While~~tens ~~the~~of ~~written~~millions ~~claim~~of ~~was~~dollars ~~false~~from ~~and~~FTE ~~invalid,~~for ita ~~provided~~portfolio ~~clear~~of ~~and~~properties ~~unequivocal~~that ~~evidence~~was overleveraged, asand toshirk ~~the~~many ~~participants~~millions inof ~~Singal’s~~dollars ~~conspiracy.~~of ~~FTE~~personal ~~has~~debt ~~taken~~onto ~~action to invalidate~~ the ~~conspirators’~~back ~~claim~~of FTE.

1Our ~~https://www~~suit seeks the return of the FTE shares issued to Singal and his affiliates, as well as to current director Cunningham, a former director and former officer, and several major FTE shareholders, including the Szkaradeks.~~sec~~ The case is in the initial pleading stage, which will likely take several months to resolve.~~gov/litigation/admin/2021/ia-5783.pdf~~

2The ~~https~~New York case is 1:~~//www.justice.gov/usao~~22-~~edca/pr/el~~cv-~~dorado~~5960-~~hills-man-indicted-fraud-against-merchant-cash-advance-companies~~PGG, FTE Networks Inc. v. Singal, et al.

Among other things, FTE believes that Cunningham, a current FTE board member, contributed to the conspiracy by actively cooperating with parties adverse to FTE’s interests and repeatedly violated board confidentiality and his fiduciary duties to the Company and its shareholders. FTE has notified regulators and other authorities that Cunningham has committed corporate espionage, among other fiduciary violations.***

~~Outlook~~Given ~~for~~the ~~Remainder~~various ongoing litigations, and in particular litigation over FTE’s shareholder list, it is very possible that you may be contacted by one or more of ~~2022~~the parties that FTE is adverse to and that FTE has alleged to have acted unlawfully. Though we are unable to provide you with any legal advice, and while you are free to speak with anyone who contacts you, we would be happy to answer any questions or concerns you may have to the best of our ability. Please do not hesitate to contact us at ir@ftenet.com.

As before, our goal remains for FTE is to run a national-scale single family home rental (“SFR”) business. The reality is that FTE and its USHR subsidiary remain mired in litigation. Any progress on the housing portfolio is being held up because state regulators are pursuing claims against the Szkaradeks that directly relate to portions of the portfolio now held by USHR. The related real estate debt with VPM is also in default and the subject of litigation. The positive news is that we are taking proactive steps to defend these assets and to prevent the fraud and racketeering conspirators from taking advantage of this challenging situation any further.

Specifically, I remain focused on preserving value for FTE shareholders and have established three objectives for the next year:

1. Settle with state regulators to address the predatory lending charges against the Szkaradeks, including restitution for previous bad acts which relate to a portion of our current USHR home portfolio; 2. Significantly reduce the equity dilution experienced by FTE shareholders since 2019 by eliminating the stock ownership of the Szkaradeks and Singal and the other bad actors who have participated in the racketeering conspiracy to defraud FTE; and 3. Re-negotiate the approximately $100 million in real estate debt to so that we can restore, renovate, and operate a reduced home portfolio.

As a provider of affordable housing in tier 3 and tier 4 markets nationwide, we remain optimistic on the market outlook for SFR, specifically in underserved areas, and will continue to implement best practices in operating a home rental business that is trusted to provide safe and affordable housing nationwide.

It is important to FTE to have open lines of communication with its shareholders. I plan to hold a shareholder call. Holding an open meeting, however, is challenging given the pending fraud and racketeering litigation against the numerous bad actors who hold – however improperly – FTE shares. I am consulting with counsel on how best to conduct such a meeting and provide full transparency on all of our initiatives.

In closing, FTE’s Board of Directors, management and I are committed to preserving value for you, our shareholders. We appreciate your support and patience.

Sincerely,

Michael P. Beys

Interim CEO

Forward Looking Statements

This letter may contain “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as “plan,” “believe,” “will,” “intends,” “expects,” “anticipate” and may include statements regarding matters that involve known or unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to differ materially from results expressed or implied by this release. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the outcome of pending litigation, the future of our business, future plans and strategies, projections, anticipated events, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. These risk factors and others are included from time to time in documents we file with the Securities and Exchange Commission, including but not limited to, our Form 10-Ks, Form 10-Qs and Form 8-Ks. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Accordingly, you should not place undue reliance on these forward-looking statements. Any forward-looking statement made by us in this letter is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.

About FTE Networks, Inc.

FTE Networks, Inc. (“FTE”) through its subsidiary US Home Rentals, owns, operates and invests in affordable rental housing in tier 3 and 4 markets. Single family home rentals (SFR) is large, growing and attractive market. Nationally, home rentals are growing faster than home ownership. With a portfolio of approximately 3,~~000~~000affordable ~~affordable~~ rental homes across the United States, FTE is one of the few companies that has an established portfolio of assets for the affordable rental housing market.

For more information, please contact:

Corporate Contact:

FTE Networks, Inc.

(877) 850-4308

ir@ftenet.com

Media Contact:

Tom Becker

Tom.Becker@fticonsulting.com

Katherine Bosley

Katherine.Bosley@fticonsulting.com

The information contained in this Item 7.01 of this Current Report on Form 8-K, is furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly stated by specific reference in such filing.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	FTE NETWORKS, INC.
	(Registrant)
Date: May 23, 2022		/s/ Michael P. Beys
Date: August 15, 2022		/s/ Michael P. Beys
	Name:	Michael P. Beys
	Title:	Interim Chief Executive Officer

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