Future FinTech holder Wealth Index owns 32.5%
Rhea-AI Filing Summary
Future FinTech Group Inc. (FTFT) is the subject of this amended Schedule 13D, which reports that Wealth Index Capital Limited (WICL) and its sole member, Shanchun Huang, beneficially own 2,640,625 shares of FTFT common stock, representing 32.5% of the 8,115,223 shares outstanding as of August 25, 2026.
WICL acquired FTFT shares through two securities purchase agreements: 9,000,000 shares at $2.00 per share on September 16, 2025 (later adjusted to 140,625 shares after a combined 1-for-64 reverse split), and 10,000,000 shares at $1.00
Positive
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Negative
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Filing Explained
The 2026 SPA provided for up to 30,000,000 shares, but the filing reports 10,000,000 issued to WICL rather than reporting completion of the full ceiling. After the August 31 1-for-4 reverse split, that issuance was adjusted to 2,500,000 shares; the issuance increases total shares and reduces existing holders’ percentage ownership absent offsetting changes.
Key Figures
Beneficial ownership stake: 2,640,625 shares
Ownership percentage: 32.5%
Shares outstanding: 8,115,223 shares
+5 more
8 metrics
Beneficial ownership stake
2,640,625 shares
Shares of FTFT common stock beneficially owned by WICL and Shanchun Huang
Ownership percentage
32.5%
Portion of FTFT’s 8,115,223 outstanding shares as of August 25, 2026
Shares outstanding
8,115,223 shares
FTFT common stock outstanding as of August 25, 2026
2025 share purchase
9,000,000 shares at $2.00 per share ($18,000,000)
Shares issued to WICL on September 16, 2025 under the Equity SPA
2026 share purchase
10,000,000 shares at $1.00 per share ($10,000,000)
Shares issued to WICL on July 29, 2026 under the 2026 SPA
Post-split adjustment of 2025 shares
140,625 shares
Resulting shares after combined 1-for-64 reverse split applied to 9,000,000 shares
Post-split adjustment of 2026 shares
2,500,000 shares
Resulting shares after 1-for-4 reverse stock split applied to 10,000,000 shares
Prior outstanding shares
18,708,311 and 32,460,890 shares
FTFT outstanding common stock at 2025 and July 29, 2026 issuance dates
Key Terms
Schedule 13D, beneficial owner, reverse stock split, securities purchase agreement, +1 more
5 terms
Schedule 13D regulatory
"agreed to the joint filing on behalf of each of them of statements on"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficial owner regulatory
"Mr. Huang may be deemed a beneficial owner of the 2,640,625 shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
reverse stock split financial
"As a result of the reverse stock splits effected by the Company since the date"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
securities purchase agreement financial
"entered into a securities purchase agreement (the "Equity SPA") with certain"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
working capital financial
"The shares were acquired by WICL using its working capital"
Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake in FTFT does Wealth Index Capital Limited report in this Schedule 13D/A?
Wealth Index Capital Limited reports beneficial ownership of 2,640,625 shares of Future FinTech Group Inc. common stock, representing 32.5% of the company’s 8,115,223 outstanding shares as of August 25, 2026, based on information from the issuer’s transfer agent.
Does this Schedule 13D/A indicate any plans by the reporting persons to change FTFT’s control or operations?
The filing states that, except for the transactions described, the reporting persons do not have present plans or proposals that relate to or would result in the types of corporate actions listed in Item 4, such as mergers, asset sales, or changes in the board or capital structure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
