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NFT (MI) Stock News

MI NYSE

NFT Limited reports developments tied to its online platform for offering and trading digital artwork and international art and collectibles. Company updates describe revenue categories such as listing fees, trading commissions and management fees, as well as annual Form 20-F reporting and operating results.

News about MI also includes shareholder voting matters, capital-structure actions, governance changes, listing-compliance notices and material agreements. The company has also reported technology-enabled supply-chain financing and trade-facilitation initiatives through a subsidiary, with disclosures focused on structured procurement financing, supplier payments and settlement services.

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NFT (MI) released its proposed RWAIX transaction-verification protocol and open-sourced a reference implementation, with a limited live pilot targeted for Q1 2027. An internal, company-administered test record shows 50 tests passed with no failures; developers can run the suite independently using the MIT-licensed GitHub code.

The company intends to test one existing NFT order from purchase through delivery, verification, payment and dispute handling. RWAIX has not yet been integrated in production. The plan covers rights preparation, simulated transactions and then a small real-money order within 90 days, subject to independent security review and other conditions. The pilot is intended to use existing bank payments, without a new cryptocurrency. NFT is also exploring AI computing and robotics applications, neither currently funded, contracted or committed.

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NFT (MI) entered into a securities purchase agreement with institutional investors for a registered direct offering expected to raise approximately US$1.0 million.

The offering comprises 1,000,000 units at an effective price of $1.00 each, consisting of one Class A ordinary share or a pre-funded warrant, plus one common warrant. Pre-funded units cost $0.96, with a $0.04 pre-funded warrant exercise price. Common warrants are immediately exercisable upon issuance at an initial US$1.00 exercise price and expire five years after issuance. Gross proceeds exclude placement agent fees and other offering expenses. NFT expects closing on October 13, 2026, subject to customary closing conditions, and intends to use net proceeds for its NFT artwork trading platform, AI robotics project, working capital and general corporate purposes.

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NFT (NYSE American: MI) entered into a securities purchase agreement with institutional investors for a registered direct offering expected to raise approximately US$1.0 million. The offering comprises 1,000,000 units at an effective price of $1.00 each, before fees and expenses. Each unit includes one Class A ordinary share or a pre-funded warrant in its place, plus one common warrant.

Pre-funded units cost $0.96, with a $0.04 exercise price. Common warrants are immediately exercisable at an initial US$1.00 price and expire five years after issuance. Closing is expected on October 9, 2026. The company intends to use net proceeds for its NFT artwork trading platform and AI robotics project, alongside working capital and general corporate purposes.

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NFT (NYSE American: MI) signed an agreement with institutional investors for a registered direct offering expected to raise approximately US$2.55 million. The offering comprises 1,890,000 units at an effective price of $1.35 each. Each unit includes one Class A ordinary share, or a pre-funded warrant in its place, plus one common warrant. Pre-funded units cost $1.31, with a $0.04 exercise price for the pre-funded warrant.

Common warrants are immediately exercisable upon issuance at an initial price of US$1.35, expire on the fifth anniversary of issuance and carry anti-dilution adjustments. The company expects closing on October 7, 2026, subject to customary closing conditions. Expected gross proceeds exclude placement agent fees and other offering expenses.

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NFT Ltd (NYSE American: MI) priced a registered public offering of 437,957 Units on a best-efforts basis at US$4.60 per Unit, for expected gross proceeds of approximately US$2.0 million before fees and expenses.

Each Unit includes one Class A Ordinary Share, or one pre-funded warrant in lieu of a share, plus one Common Warrant. Pre-Funded Units are priced at US$4.56, reflecting the US$0.04 exercise price of each pre-funded warrant. Common Warrants are immediately exercisable at US$4.60 per share, feature customary anti-dilution adjustments, and expire five years from issuance. Closing is expected on August 24, 2026, subject to customary conditions. According to NFT, net proceeds will be used for working capital and general corporate purposes. Maxim Group acts as sole placement agent, and the Form F‑1 registration statement was declared effective on August 21, 2026.

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NFT Ltd. (NYSE American: MI) announced a 1-for-80 reverse share split of Class A and Class B ordinary shares, approved by the board April 23, 2026 and expected to become effective on or about May 18, 2026.

Shareholders will receive one new share for every eighty shares held; outstanding Class A shares will be reduced from approximately 18,478,875 to about 230,986. Class A shares will trade on a split-adjusted basis under symbol MI with new CUSIP G6363T123. Stock options, restricted shares and authorized plan share counts will be proportionally adjusted. Fractional shares will be rounded up; new certificates and transmittal instructions will be handled by VStock Transfer LLC.

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NFT Limited (NYSE American: MI) filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the SEC on May 1, 2026.

The Form 20-F includes audited consolidated financial statements and an independent auditor's report containing a going concern emphasis of matter paragraph. The report is available on the SEC website and the company's investor relations site; hard copies are available on request.

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NFT Ltd. (NYSE American: MI) has agreed to sell 720,779 units in a registered direct offering at an effective price of $3.85 per unit, with each unit comprising one Class A ordinary share and one warrant. Gross proceeds are approximately $2.8 million.

Warrants are exercisable at $4.17 per share, include a zero-cash exercise formula subject to a beneficial ownership cap, expire in five years, and the offering is expected to close on or about March 11, 2026.

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NFT (NYSE: MI) launched an asset-backed, transaction-driven supply chain finance service for U.S. renewable-energy projects, announced Feb 17, 2026. The program is described as valued at USD 500 million and targets gigawatt-scale solar, manufacturing, EPC and BESS deployments.

On Jan 25, 2026, Takung Exchange Ltd signed a Supply Chain Financing Framework Agreement with Solarlink Group that could support procurement of up to 1.2 GW/year of solar module components at an estimated $0.15 per watt. Revenue is expected from interest income, service fees, and data service fees; specific drawdowns and schedules will be set in supplemental financing schedules.

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NFT Limited (NYSE:MI), an online platform operator for digital artwork trading, has announced the filing of its 2024 Annual Report (Form 20-F) with the SEC on April 30, 2025. The report, covering the fiscal year ended December 31, 2024, is now available on the company's website at www.nftoeo.com.

The company, formerly known as Takung Art Co Ltd., operates www.nftoeo.com, connecting artists and art dealers with investors. NFT Limited generates revenue through listing fees, trading commissions, and management fees from artwork transactions on its platform. Shareholders can request free hard copies of the complete audited financial statements.

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FAQ

What is the current stock price of NFT (MI)?

NFT (MI) last closed at $0.3398.

What is the market cap of NFT (MI)?

The market cap of NFT (MI) is approximately $28.4M.