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[SCHEDULE 13D] Future FinTech Group Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D
Rhea-AI Filing Summary

Future FinTech Group Inc. issued 9,000,000 shares of common stock to Wealth Index Capital Limited at $2.00 per share under a July 24, 2025 securities purchase agreement, resulting in a $18,000,000 purchase and giving WICL approximately 48.107% of the issuer's 18,708,311 outstanding shares as of September 17, 2025. Wealth Index Capital is wholly owned and controlled by Shanchun Huang, who may be deemed the beneficial owner of the shares. The filing states the shares were acquired using WICL working capital and that there are no other present plans or proposals by the reporting persons beyond the transaction. A Joint Filing Agreement among the reporting persons is attached as an exhibit.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: A near-50% stake via a private placement materially changes ownership and concentration risk.

The purchase of 9,000,000 shares for $18,000,000 represents a controlling stake of roughly 48.1%, significantly concentrating ownership. This transaction was executed under a previously announced securities purchase agreement at $2.00 per share and funded with the purchaser's working capital. For investors, concentrated ownership can affect liquidity, governance and strategic direction because the reporting persons hold voting and dispositive power over the shares held by WICL.

TL;DR: Ownership consolidation triggers governance considerations and potential for board influence.

Wealth Index Capital Limited, wholly owned by Shanchun Huang, now directly holds nearly half of outstanding common stock and may exert de facto control. The Schedule 13D disclosure and Joint Filing Agreement signal coordinated ownership and reporting. This level of ownership typically prompts review of related governance changes, potential nomination rights, and disclosure of any additional arrangements; none beyond the joint filing and purchase are disclosed in this filing.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
Percentage of ownership in Box 13 above is calculated based on an aggregate of 18,708,311 shares of Common Stock outstanding as of September 17, 2025 based upon information received from the Issuer's transfer agent. For additional information please refer to Item 4.


SCHEDULE 13D




Comment for Type of Reporting Person:
The numbers reported in Rows 7, 9, and 11 represent 9,000,000 shares of common stock, par value $0.001 per share, of Future FinTech Group Inc. (the "issuer") and directly held by Wealth Index Capital Limited ("WICL"). WICL is wholly owned and controlled by Mr. Shanchun Huang, its sole member.


SCHEDULE 13D


Wealth Index Capital Limited
Signature:/s/ Shanchun Huang
Name/Title:Shanchun Huang, sole member
Date:09/23/2025
Shanchun Huang
Signature:/s/ Shanchun Huang
Name/Title:Shanchun Huang
Date:09/23/2025

FAQ

What stake did Wealth Index Capital Limited acquire in Future FinTech Group Inc. (FTFT)?

Wealth Index Capital Limited acquired 9,000,000 shares, representing approximately 48.107% of 18,708,311 outstanding shares as of September 17, 2025.

How much did WICL pay per share and what was the total purchase price?

WICL paid $2.00 per share for an aggregate purchase price of $18,000,000 under the Equity SPA.

Who controls Wealth Index Capital Limited and may be deemed the beneficial owner?

Wealth Index Capital Limited is wholly owned and controlled by Shanchun Huang, who may be deemed the beneficial owner of the shares.

Were the shares acquired with financing or other sources of funds?

The filing states the shares were acquired using WICL's working capital.

Does the filing disclose any immediate plans or proposals by the reporting persons?

The filing states that, except for the described transaction, the reporting persons do not have any present plans or proposals related to the issuer.
Future Fintech G

NASDAQ:FTFT

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Software - Application
Services-business Services, Nec
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United States
NEW YORK