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NFT Limited board change: Zhang resigns, Li joins with $12K fee

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

NFT Limited, a foreign private issuer listed under symbol MI, reported a change in its board of directors. On October 31, 2025, Mr. Ronggang Zhang resigned from the Board and its committees, effective November 1, 2025, for personal reasons and not due to any disagreement regarding the company’s operations, policies, or practices.

On November 18, 2025, the Board appointed Mr. Shuo (Cooper) Li as an Independent Director to fill the vacancy. He was also named chairman of the nominating and corporate governance committee and a member of both the audit and compensation committees. Under a director offer letter dated November 18, 2025, Mr. Li will receive annual compensation of $12,000 for his services as an independent director. The company states there are no family relationships or special arrangements related to his appointment.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of November 2025

 

Commission File Number: 333-268865

 

NFT Limited

(Translation of registrant’s name into English)

 

Office Q 11th Floor, Kings Wing Plaza 2,

No.1 Kwan Street, Sha Tin, New Territories

Hong Kong
Tel: +86-13061634962

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒      Form 40-F ☐

  

 

  

 

 

 

Departure of Certain Director

 

On October 31, 2025, Mr. Ronggang Zhang resigned from his position as a member of NFT Limited’s (the “Company”) board of directors (the “Board”) and the respective committees of the Board, effective on November 1, 2025. Mr. Zhang’s resignation was for personal reasons and was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

 

Appointment of Certain Director

 

On November 18, 2025, the Board appointed Mr. Shuo (Cooper) Li as a member of the Board as an Independent Director, the chairman of the Company’s nominating and corporate governance committee, a member of the Company’s audit committee, and a member of the Company’s compensation committee to fill the vacancy created by Mr. Zhang’s resignation.

 

In connection with the appointments, the Company entered into a director offer letter with Mr. Shuo (Cooper) Li dated November 18, 2025 (the “Director Offer Letter”), pursuant to which Mr. Li will receive an annual compensation of $12,000 for his services as an independent director of the Board of the Company.

 

Mr. Shuo Li has served as the Vice President of Saibo Holdings Group Co., Ltd since July 2021. Before that, Mr. Li was the regional manager of Beike Holdings Limited from May 2018 to July 2021. Mr. Li earned his Master’s degree in public administrations from China Ocean University in 2010 and his Bachelor’s degree in physics education from Shandong Normal University in 2003.

 

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There are no family relationships among Mr. Li, and any of our other officers and directors. There are no understandings or arrangements between the incoming directors and officers and any other person pursuant to which they were appointed as officers and directors.

  

The foregoing descriptions of the Director Offer Letter is general descriptions only, do not purport to be complete, and are qualified in its entirety by reference to the terms of the form of employment agreement and form of director letter furnished hereto as Exhibits 4.1, which are incorporated herein by reference.

 

Exhibits

 

Exhibit No.   Description
4.1   Form of Director Offer Letter

 

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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, thereunto duly authorized.

 

Dated: November 20, 2025

 

  NFT LIMITED
     
  By: /s/ Kuangtao Wang
  Name: Kuangtao Wang
  Title: Chief Executive Officer

 

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NFT LIMITED

NYSE:MI

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57.99M
13.59M
14.45%
1.24%
0.08%
Internet Retail
Consumer Cyclical
Link
Hong Kong
Sha Tin