All In FutureTech Alliance, Inc. stockholders approved an amendment to the 2019 Equity Incentive Plan, increasing shares authorized for issuance by 1,284,063 shares, from 627,218 to 1,911,281 shares. Stockholders also approved a separate issuance of 707,730 shares to Yangyang Li, the company’s President and a Class A director, pursuant to the Share Issuance and Reimbursement Agreement dated May 2, 2026; the issuance is subject to satisfaction of additional conditions described in the proxy statement.
Stockholders elected all six director nominees by a plurality of votes cast and ratified appointment of the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
All In FutureTech Alliance, Inc. (AIFA) is calling a virtual 2026 annual meeting on October 12, 2026 to vote on key governance and equity actions. Stockholders will elect two Class B, two Class C and two Class A directors, and vote on ratifying ZH CPA, LLC as independent auditor for 2026. One proposal would amend the 2019 Equity Incentive Plan to increase authorized shares from 627,218 to 1,911,281, enabling new equity grants including an award of up to 500,000 shares to the General Counsel valued at up to $900,000. Another proposal seeks approval to issue 707,730 shares to President and director Yangyang Li as consideration for personally guaranteeing settlement obligations in a prior proxy‑related dispute, based on 25% of an estimated $5.10 million maximum exposure and a reference price of $1.80 per share. That issuance is subject to multiple conditions, including a special committee of independent directors, an independent fairness opinion or financial analysis, and disinterested stockholder approval under Nasdaq Listing Rule 5635, in addition to a majority vote standard in the bylaws and a contractual standard excluding Mr. Li’s affiliates.
All In FutureTech Alliance, Inc. (AIFA) is calling a virtual 2026 annual stockholder meeting to elect its full classified Board, ratify ZH CPA, LLC as auditor for fiscal 2026, and vote on two major share-related items.
Stockholders are asked to approve an amendment to the 2019 Equity Incentive Plan increasing authorized shares from 627,218 to 1,911,281, including capacity for a potential equity award to the General Counsel of up to 500,000 shares valued up to $900,000 at $1.80 per share. They are also asked to approve issuing 707,730 shares to President and director Yangyang Li as consideration for his personal guaranty of litigation-related obligations, based on a Board-estimated Maximum Exposure of $5,095,661 and a 25% value allocation at $1.80 per share.
Separately, AIFA has agreed to reimburse Mr. Li on a back-to-back basis for any amounts he pays under the guaranty, with interest at 8.75% simple per year, an obligation that remains in force regardless of whether stockholders approve the share issuance.
All In FutureTech Alliance, Inc. reported weaker top-line results but a much smaller loss for the quarter ended June 30, 2026. Revenue fell to $1.25 million from $1.92 million, as in-person esports/event revenue and casual mobile gaming both declined, reflecting fewer arena events and pressure in the online card-game market.
Despite lower revenue, the net loss attributable to common stockholders narrowed to $0.56 million from $4.81 million, helped by a one-time $3.45 million gain on a Las Vegas lease modification and strong interest income from cash, loans and structured notes. These benefits were offset by $0.92 million of goodwill impairment and $1.36 million of long‑lived asset impairment, both tied to the Z‑Tech casual gaming unit, as well as losses on investments and foreign-currency movements.
Six‑month revenue was $2.80 million versus $4.19 million, with a net loss to shareholders of $5.75 million versus $9.65 million. Total assets declined to $62.2 million from $89.8 million, while loans payable fell to $14.0 million and stockholders’ equity to $31.1 million. The company recognized a $1.27 million CECL allowance on past-due loans and continues to operate mainly its legacy esports and casual gaming businesses as it pursues an AI and digital‑infrastructure transformation.
All In FutureTech Alliance Inc. announced major leadership changes as part of its strategic shift toward an AI-focused technology platform. James (Li) Yangyang resigned as Chief Executive Officer and Chairman of the Board, effective June 17, 2026, but will remain President and a Class A director. The company stated his resignation was not due to any disagreement over operations, policies, or practices.
The Board appointed Weizhi (Eric) Shao as the new Chief Executive Officer, bringing experience in digital assets, livestreaming e-commerce, and cross-border operations. The Board also elected Li Shanglong (Michael Li), a venture investor focused on artificial intelligence and frontier technologies, as an independent Class A director and new Chairman, with director compensation of US$1 per year.
The company emphasized that the reconstituted Board and management team will continue its dual-engine strategy built on an AI infrastructure network and an AI application services matrix, and plans a new round of financing and key project implementations to support its ongoing strategic transformation.
All in FutureTech Alliance, Inc. reported Q1 2026 revenue of $1.55 million, down from $2.28 million a year earlier, as in-person esports event activity and casual mobile gaming both softened. The company posted a net loss of $5.24 million, or $0.83 per share, compared with a $4.90 million loss, or $0.67 per share, in Q1 2025.
Cash and cash equivalents were $4.29 million with $26.72 million in short-term investments, supporting working capital of about $22.0 million, while loans payable fell to $14.38 million. The company recorded a $0.72 million CECL reserve on past-due loans receivable of $20.17 million and a $1.63 million loss on marketable securities and derivatives, plus a $0.95 million foreign currency loss.
Subsequent to quarter-end, AIFA agreed to pay Knighted Pastures a court-ordered fee award of about $5.94 million with interest, entered into a binding term sheet resolving related litigation, and announced a 1-for-6 reverse stock split. It also signed agreements to acquire a 57.67% controlling interest in HyalRoute Fiber-Optic Communication Group for approximately $2.3 billion in newly issued stock, and disclosed Nasdaq notices regarding potential delisting tied to bid price and prior late filings.
All In FutureTech Alliance, Inc. implemented a 1-for-6 reverse stock split of its common stock, effective at 5:01 p.m. Eastern Time on June 11, 2026. Every six previously issued and outstanding shares were automatically combined into one share, with no change to the $0.0001 par value.
The company proportionally adjusted the exercise prices and share amounts for all outstanding stock options and restricted stock units, and the number of shares reserved for these awards decreased accordingly. Fractional shares were not issued; any fractional positions were rounded up to the nearest whole share. The reverse split affects all stockholders proportionately, so percentage ownership remains essentially the same. The common stock began trading on Nasdaq on a split-adjusted basis on June 12, 2026, under a new CUSIP number 019170 208.
All In FutureTech Alliance, Inc. is implementing a 1-for-6 reverse stock split of its common stock after stockholders overwhelmingly approved a reverse split proposal at a June 1, 2026 special meeting. Approximately 21.2 million votes were cast in favor, representing about 99% of votes cast.
The reverse split is expected to become effective on June 11, 2026 at 5:01 p.m. Eastern Time, with Nasdaq trading on a split-adjusted basis beginning June 12, 2026. The split will reduce outstanding common shares from about 38.3 million to about 6.4 million, with fractional shares rounded up to the nearest whole share.
The company states that the reverse split is part of its response to a Nasdaq notice regarding noncompliance with the minimum bid price requirement and supports efforts to regain and maintain compliance with Nasdaq continued listing standards while it pursues its broader AI-focused strategic transformation.