Future Fintech Group Announces Reverse Stock Split
Rhea-AI Summary
Future FinTech Group (Nasdaq: FTFT) approved a 1-for-4 reverse stock split of its common stock. Articles of amendment are expected to become effective at 4 p.m. Eastern Time on August 28, 2026, with Nasdaq trading on a split-adjusted basis beginning August 31, 2026, under the symbol FTFT and new CUSIP 36117V600.
Every four existing shares will convert into one share, keeping the $0.001 par value unchanged and reducing outstanding shares from approximately 32,309,970 to about 8,077,492. According to the company, shareholder ownership percentages will remain the same, fractional shares will be rounded up to a whole share, and option and warrant terms will be adjusted proportionally. Transhare Corporation will coordinate share exchanges for certificated holders.
Positive
- Outstanding common shares reduced from approximately 32,309,970 to about 8,077,492 after the 1-for-4 reverse split
- Shareholder ownership percentages remain unchanged despite the reduction in share count
- Fractional share holders will receive one whole share, rounded up to the nearest whole share
Negative
- None.
Market reaction after 1-for-4 reverse stock split: FTFT -7.08%
Following this news, FTFT has declined 7.08%, reflecting a notable negative market reaction. Argus tracked a trough of -11.2% from its starting point during tracking. Our momentum scanner has triggered 10 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $0.63.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
Previous Stock split Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 08 | Reverse stock split | Neutral | -9.4% | 1-for-4 reverse split and reduced outstanding share count |
| Jan 14 | Reverse stock split | Neutral | +3.5% | 4-for-1 reverse split with Nasdaq trading effective January 20 |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
The two tag-matched reverse-split announcements produced mixed 24-hour reactions, with -9.43% and 3.5%, so no consistent direction was observed.
Key Terms
reverse stock split financial
cusip number technical
par value financial
street name financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Future FinTech Group Inc. (Nasdaq: FTFT) (“Future FinTech”, “we” or the “Company”) today announced that the Company’s Board of Directors approved a 1-for-4 reverse stock split (the “Reverse Stock Split”) of the Company’s common stock (the “Common Stock”). The Company was not required to obtain shareholder approval to effectuate the Reverse Stock Split. The Company filed articles of amendment to the Company’s Second Amended and Restated Articles of Incorporation with the Florida Department of State, Division of Corporations which is expected to become effective as of 4 P.M. Eastern Time on August 28, 2026. The Common Stock will begin trading on The Nasdaq Capital Market on a reverse split-adjusted basis at the start of trading on August 31, 2026, under the symbol “FTFT” and under a new CUSIP number, 36117V600.
Upon implementation of the Reverse Stock Split, every four shares of the Company’s issued and outstanding Common Stock will automatically convert into one share of Common Stock without any change to the par value of
No fractional shares of Common Stock will be issued in connection with the Reverse Stock Split. Instead, each holder of record who would otherwise be entitled to receive a fractional share will receive one whole share of Common Stock, rounded up to the nearest whole share. Stockholders holding shares in street name through a bank, broker, or other nominee will have their positions adjusted in accordance with the procedures of such bank, broker, or nominee.
Information to Stockholders
Transhare Corporation, the Company transfer agent, will send instructions to stockholders of record who hold stock certificates regarding the exchange of certificates for Common Stock. Stockholders who hold their shares of Common Stock in book-entry form or in brokerage accounts or “street name” are not required to take any action to effect the exchange of their shares of Common Stock following the Reverse Stock Split. Transhare Corporation may be reached for questions at (303) 662-1112.
About Future FinTech Group Inc.
Future FinTech Group Inc. (NASDAQ: FTFT) is a comprehensive financial and digital technology service provider. The Company, through its subsidiaries, conducts brokerage and investment banking services in Hong Kong, and engages in supply chain trading and finance businesses in China and efficient digital financial services. For more information, please visit www.ftft.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to qualify for the protection of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified by words such as “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “projects,” “should,” “targets,” “will,” “would,” and similar expressions, and the negatives of those terms. Forward-looking statements in this press release include, among others, statements regarding the timing and effectiveness of the Reverse Stock Split and the anticipated market-effective and first-trading dates; the anticipated post-split trading price of the Common Stock and the ability of the Reverse Stock Split to result in a sustained increase in the price of the Common Stock to a level at or above
These forward-looking statements are based on the Company’s current expectations and assumptions and are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, the risk that the Reverse Stock Split does not result in a sustained increase in the price of the Common Stock, or that the price of the Common Stock subsequently declines below
Any forward-looking statement speaks only as of the date on which it is made, and the Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law. You should not place undue reliance on these forward-looking statements.
