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[8-K] Future FinTech Group Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Future FinTech Group Inc. held a special meeting on September 2, 2025, where stockholders approved an amendment to increase the companys authorized common stock from 6,000,000 shares to 600,000,000 shares. The filing indicates this change amends the Amended and Restated Articles of Incorporation (the "Share Increase Amendment"). The document lists submission of matters to a vote but provides no vote totals or additional transaction details. The Form 8-K is signed by Chief Executive Officer Hu Li and dated September 5, 2025.

Future FinTech Group Inc. ha tenuto un'assemblea straordinaria il 2 settembre 2025, durante la quale gli azionisti hanno approvato una modifica per aumentare il capitale sociale autorizzato da 6.000.000 a 600.000.000 azioni ordinarie. La comunicazione indica che questa variazione costituisce un emendamento agli Articoli di Incorporazione modificati e riformulati (il "Share Increase Amendment"). Il documento segnala la presentazione di questioni sottoposte a voto, senza però fornire i risultati delle votazioni né altri dettagli sulle transazioni. Il modulo 8-K è firmato dall'amministratore delegato Hu Li e reca la data del 5 settembre 2025.

Future FinTech Group Inc. celebró una junta extraordinaria el 2 de septiembre de 2025, en la que los accionistas aprobaron una enmienda para aumentar las acciones ordinarias autorizadas de 6.000.000 a 600.000.000 acciones. La presentación indica que este cambio modifica los Estatutos Sociales enmendados y reformulados (el "Share Increase Amendment"). El documento menciona la súbida de asuntos a votación, pero no incluye los totales de las votaciones ni más detalles de la transacción. El Formulario 8-K está firmado por el director ejecutivo Hu Li y fechado el 5 de septiembre de 2025.

Future FinTech Group Inc.는 2025년 9월 2일 임시 주주총회를 개최했으며, 주주들은 회사의 승인된 보통주 수를 6,000,000주에서 600,000,000주로 늘리는 수정안을 승인했습니다. 제출서류에는 이 변경이 "증자 수정안(Share Increase Amendment)"으로 명시된 개정 및 재작성된 정관을 수정하는 것이라고 적혀 있습니다. 문서는 표결에 부친 사안의 제출을 기재하고 있으나 표결 결과나 추가 거래 세부사항은 제공하지 않습니다. Form 8-K는 최고경영자 Hu Li가 서명했으며 2025년 9월 5일자입니다.

Future FinTech Group Inc. a tenu une assemblée extraordinaire le 2 septembre 2025, au cours de laquelle les actionnaires ont approuvé un amendement visant à porter le nombre d'actions ordinaires autorisées de 6 000 000 à 600 000 000 actions. Le dépôt indique que cette modification amende les statuts modifiés et reformulés (le « Share Increase Amendment »). Le document mentionne la soumission de questions au vote, sans toutefois fournir les totaux des votes ni d'autres détails sur la transaction. Le formulaire 8-K est signé par le directeur général Hu Li et daté du 5 septembre 2025.

Future FinTech Group Inc. hielt am 2. September 2025 eine außerordentliche Hauptversammlung ab, bei der die Aktionäre einer Änderung zustimmten, die das genehmigte Stammkapital von 6.000.000 auf 600.000.000 Aktien erhöht. Die Einreichung gibt an, dass diese Änderung die geänderten und neu gefassten Satzungsartikel (die "Share Increase Amendment") abändert. Das Dokument nennt die zur Abstimmung gestellten Punkte, enthält jedoch keine Abstimmungsergebnisse oder weitere Transaktionsdetails. Das Formular 8-K ist vom Chief Executive Officer Hu Li unterzeichnet und auf den 5. September 2025 datiert.

Positive
  • Authorized shares increased to enable flexibility for future financings, acquisitions, or employee equity plans
  • Shareholder-approved amendment shows board actions were ratified at a special meeting
Negative
  • Potential dilution risk from a jump from 6,000,000 to 600,000,000 authorized shares
  • No vote counts or issuance plans disclosed, leaving investors without detail on intent or timeline

Insights

TL;DR: Share authorization increased dramatically, which could enable future equity financing but has no immediate financial figures disclosed.

The approved increase in authorized common shares from 6 million to 600 million is a structural corporate change that creates capacity for future equity issuances, stock-based compensation, or financings. The filing does not disclose any planned issuances, dilutive transactions, or uses of the additional shares, nor are vote counts provided. Without details on timing, size, or purpose of future issuances, the direct financial impact is indeterminate; investors should note the company now has much greater share issuance flexibility.

TL;DR: A large increase in authorized shares materially changes governance leverage and raises dilution risk absent stated limits or safeguards.

Expanding authorized common stock by two orders of magnitude is a material governance action because it alters the boards capacity to issue equity without immediate shareholder approval for each issuance. The filing lacks vote tallies, a shareholder rationale, or constraints (such as rights of existing holders or pre-emptive protections). From a governance perspective, this places greater responsibility on the board to communicate intended uses to mitigate shareholder concern about potential dilution.

Future FinTech Group Inc. ha tenuto un'assemblea straordinaria il 2 settembre 2025, durante la quale gli azionisti hanno approvato una modifica per aumentare il capitale sociale autorizzato da 6.000.000 a 600.000.000 azioni ordinarie. La comunicazione indica che questa variazione costituisce un emendamento agli Articoli di Incorporazione modificati e riformulati (il "Share Increase Amendment"). Il documento segnala la presentazione di questioni sottoposte a voto, senza però fornire i risultati delle votazioni né altri dettagli sulle transazioni. Il modulo 8-K è firmato dall'amministratore delegato Hu Li e reca la data del 5 settembre 2025.

Future FinTech Group Inc. celebró una junta extraordinaria el 2 de septiembre de 2025, en la que los accionistas aprobaron una enmienda para aumentar las acciones ordinarias autorizadas de 6.000.000 a 600.000.000 acciones. La presentación indica que este cambio modifica los Estatutos Sociales enmendados y reformulados (el "Share Increase Amendment"). El documento menciona la súbida de asuntos a votación, pero no incluye los totales de las votaciones ni más detalles de la transacción. El Formulario 8-K está firmado por el director ejecutivo Hu Li y fechado el 5 de septiembre de 2025.

Future FinTech Group Inc.는 2025년 9월 2일 임시 주주총회를 개최했으며, 주주들은 회사의 승인된 보통주 수를 6,000,000주에서 600,000,000주로 늘리는 수정안을 승인했습니다. 제출서류에는 이 변경이 "증자 수정안(Share Increase Amendment)"으로 명시된 개정 및 재작성된 정관을 수정하는 것이라고 적혀 있습니다. 문서는 표결에 부친 사안의 제출을 기재하고 있으나 표결 결과나 추가 거래 세부사항은 제공하지 않습니다. Form 8-K는 최고경영자 Hu Li가 서명했으며 2025년 9월 5일자입니다.

Future FinTech Group Inc. a tenu une assemblée extraordinaire le 2 septembre 2025, au cours de laquelle les actionnaires ont approuvé un amendement visant à porter le nombre d'actions ordinaires autorisées de 6 000 000 à 600 000 000 actions. Le dépôt indique que cette modification amende les statuts modifiés et reformulés (le « Share Increase Amendment »). Le document mentionne la soumission de questions au vote, sans toutefois fournir les totaux des votes ni d'autres détails sur la transaction. Le formulaire 8-K est signé par le directeur général Hu Li et daté du 5 septembre 2025.

Future FinTech Group Inc. hielt am 2. September 2025 eine außerordentliche Hauptversammlung ab, bei der die Aktionäre einer Änderung zustimmten, die das genehmigte Stammkapital von 6.000.000 auf 600.000.000 Aktien erhöht. Die Einreichung gibt an, dass diese Änderung die geänderten und neu gefassten Satzungsartikel (die "Share Increase Amendment") abändert. Das Dokument nennt die zur Abstimmung gestellten Punkte, enthält jedoch keine Abstimmungsergebnisse oder weitere Transaktionsdetails. Das Formular 8-K ist vom Chief Executive Officer Hu Li unterzeichnet und auf den 5. September 2025 datiert.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): September 2, 2025

 

Future FinTech Group Inc.

(Exact name of registrant as specified in its charter)

 

Florida   001-34502   98-0222013
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

02B-03A, 23/F, Sino Plaza, 255-257 Gloucester Road

Causeway Bay, Hong Kong

(Address of principal executive offices, including zip code)

 

852-21141970

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report.)

 

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 (see General Instruction A.2. below):

 

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:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.001 per share   FTFT   Nasdaq Stock Market

 

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 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

As more fully described below under Item 5.07, at the special meeting of stockholders Future FinTech Group Inc., a Florida corporation (the “Company”) held on September 2, 2025 (the “Special Meeting”), the stockholders of the Company approved certain amendments to Company’s Amended and Restated Articles of Incorporation (the “Share Increase Amendment”) to increase the authorized shares of the Company’s common stock, par value $0.001 per (the “Common Stock”), from 6,000,000 shares to 600,000,000 shares.

 

Once the Share Increase Amendment Proposal is approved by the shareholders at the Special Meeting, the Share Increase Amendment will become effective upon the filing of a certificate of amendment to our Articles of Incorporation with the Secretary of State of the State of Florida. The Company is in the process of arranging for the filing of the Share Increase Amendment and expects the filing to be completed and the Share Increase Amendment to become effective in the next few days.

 

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by the full text of the Share Increase Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference. 

 

Item 5.07. Submission of Matters to a Vote of Security Holders.

 

On September 2, 2025, the Company held the Special Meeting of Shareholders. Of the 3,450,770 shares outstanding and entitled to vote as of the record date, 1,750,034 shares, or 50.71%, were represented in person or by proxy at the Special Meeting, thereby satisfying the quorum requirement. The results for each of the proposals submitted to a vote of our shareholders at the Special Meeting are set forth below. Each proposal is described in more detail in Definitive Schedule 14A ( the “Schedule 14A”), filed with the Securities and Exchange Commission on August 8, 2025.

 

As disclosed in the Schedule 14A, each of the proposals voted by the shareholders at the Special Meeting required the affirmative vote of a majority of the votes cast, either in person or by proxy, at the Special Meeting, provided a quorum is present. Abstentions and broker non-votes were not be counted as votes cast and will have no effect on the outcome of the vote

 

Proposal One Amendment and Restatement of the Company’s Amended and Restated Articles of Incorporation, as Amended: the approval to amend and restate the Company’s Articles of Incorporation, as amended, to increase the Company’s authorized shares of common stock, $0.001 par value (the “Common Stock”) from 6,000,000 shares to 600,000,000 shares.

 

   FOR   AGAINST   ABSTAIN 
Number of Voted Shares   1,622,713    16,965    575 

  

1

 

 

Proposal Two Issuance of Shares Upon Conversion of the Remaining Balance of the Streeterville Note: the approval to issue shares of the Company’s Common Stock upon conversion of the remaining balance of a Convertible Promissory Note previously issued to Streeterville Capital, LLC on December 27, 2023, which, when fully converted, may exceed 20% of the issued and outstanding Common Stock, which issuance requires shareholder approval in accordance with Nasdaq Listing Rule 5635(d) and (2) result in a change of control of the Company, in accordance with Nasdaq Listing Rules 5635(d) (the “20% Rule”) and 5635(b) (the “Change-of-Control Rule”)

 

   FOR   AGAINST   ABSTAIN 
Number of Voted Shares   1,285,183    354,412    658 

 

Proposal Three Unregistered Offshore Equity Financing Transaction: the approval to issue up to 15,000,000 shares of the Common Stock to non-U.S. investors in an unregistered offering pursuant to Regulation S of the Securities Act of 1933, under the terms of a Securities Purchase Agreement, which, when fully consummated, will (1) exceed 20% of the Company’s issued and outstanding Common Stock, and (2) result in a change of control of the Company, in accordance with the 20% Rule and Change-of-Control Rule.

 

   FOR   AGAINST   ABSTAIN 
Number of Voted Shares   1,285,145    354,476    632 

 

Proposal Four Unregistered Pre-Paid Financing Transactions: the approval of the issuance of up to $10,000,000 worth of Common Stock to Avondale Capital, LLC in a non-public pre-paid financing transaction, which, when fully consummated, may exceed 20% of the Company’s issued and outstanding Common Stock, in accordance with the 20% Rule and Change-of-Control.

 

   FOR   AGAINST   ABSTAIN 
Number of Voted Shares   1,626,636    12,964    653 

 

Proposal Five Adjournment of the Special Meeting: the approval to adjourn the Special Meeting, if necessary or advisable, to solicit additional proxies in favor of the foregoing proposals if there are not sufficient votes to approve the foregoing proposals.

 

   FOR   AGAINST   ABSTAIN 
Number of Voted Shares   1,396,475    350,156    3,403 

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
3.1   Articles of Amendmb ent to Articles of Incorporation.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

2

 

 

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 hereunto duly authorized.

 

  Future FinTech Group Inc.
   
Date: September 5, 2025 By: /s/ Hu Li
  Name:  Hu Li
  Title: Chief Executive Officer

  

 

3

 

FAQ

What change to authorized shares did FTFT approve?

The company approved an increase in authorized common stock from 6,000,000 shares to 600,000,000 shares.

When was the shareholder vote for FTFT held?

The special meeting where the amendment was approved was held on September 2, 2025.

Who signed the Form 8-K for FTFT?

The Form 8-K is signed by Hu Li, Chief Executive Officer, dated September 5, 2025.

Does the filing state how the new shares will be used?

No. The filing does not disclose any plans, timelines, or specific uses for the additional authorized shares.

Are vote totals or shareholder approval details provided in the filing?

No. The document references submission of matters to a vote but does not include vote counts or results breakdowns.
Future Fintech G

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