Welcome to our dedicated page for MMTEC SEC filings (Ticker: MTC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
MMTEC, Inc. filings document foreign private issuer disclosures for a China-based financial-market technology and services company. Its Form 6-K reports include press-release exhibits, Nasdaq minimum bid price and listing-related communications, interim operating results, and revenue disclosure for placement-agent services.
The company’s regulatory record also covers audit committee actions involving its independent registered public accounting firm, financial statement reporting matters, credit-loss and notes-receivable disclosures, capital-structure actions such as the reverse stock split, and shareholder meeting and governance matters.
MMTEC, Inc. reported first-half 2026 results with its placement agent business generating no revenue, down from $807,500 a year earlier, eliminating prior gross profit of $674,500. Cost of revenue fell to nil in line with the absence of transactions.
Operating expenses declined across categories, yet loss from operations widened slightly to $1,656,557 from $1,532,206, mainly because revenue disappeared. The key swing factor was other items: there were no large credit-loss or notes-sale charges in 2026, versus substantial losses in 2025, so net loss narrowed sharply to $1,576,649 (basic and diluted $0.02 per share) from $46,428,612 (basic and diluted $1.84).
As of June 30, 2026, cash was $6,507,161 (down from $8,185,502 at year-end 2025), total assets were $16,647,175, and total liabilities $3,684,438, leaving shareholders’ equity of $12,962,737 and working capital of about $6.15 million. Net cash used in operating activities was $1,687,033. The company completed a small acquisition of HC CrediSure Technology Limited and its PRC subsidiary for about HKD10,000 (≈$1,275).
MMTEC, Inc. files its annual report describing a complex China-focused financial services business that is currently loss-making and exposed to regulatory and credit risks. The company reported net losses of approximately $56.1 million in 2025 and $91.2 million in 2024, after net income of $45.5 million in 2023. A key asset is a convertible secured promissory note from XChange with an outstanding principal of about $93.86 million, whose recovery is uncertain given XChange’s disclosed going concern doubts. MMTEC highlights extensive risks from PRC data security, cybersecurity, anti-monopoly and foreign investment rules, as well as operational, technology, liquidity and employee risks, and states it has not paid dividends and does not expect to do so in the foreseeable future.
MMTEC, INC. director Ren Xiaofei filed an initial statement of beneficial ownership on Form 3. The filing lists Ren as a director of the company but does not report any stock transactions or option exercises, serving as a baseline ownership disclosure required for new insiders.
MMTEC, INC. chairman and CEO Wen Xiangdong has filed a Form 3 reporting his initial ownership of the company’s Common Stock. He holds 38,700 shares directly and 2,250 shares indirectly through MMBD Information Technology Limited. The filing does not show any recent buy or sell transactions, only current holdings.
MMTEC, INC. director Meng Qingshun filed an initial Form 3 reporting status as a director of the company. The filing shows no reported transactions, with zero buys, sells, acquisitions, dispositions, exercises, gifts, tax withholdings, or restructurings, and no derivative positions listed.
MMTEC, INC. director and Chief Financial Officer Kong Min filed an initial Form 3 reporting his holdings in the company. The filing shows he directly owns 4,375 shares of Common Stock following the reported position, with no specific buy or sell transactions indicated.
MMTEC, INC. director Fu Dan filed an initial Form 3, which is a statement of beneficial ownership for insiders. The filing’s transaction summary shows no reported purchases, sales, gifts, or derivative exercises, and no derivative positions are listed in the derivative summary.
MMTEC, Inc. changed its independent registered public accounting firm in late January 2026. The Audit Committee dismissed AssentSure PAC as auditor effective January 25, 2026 and, on January 26, 2026, approved the engagement of HTL International, LLC as the new independent registered accounting firm.
AssentSure’s report on MMTEC’s financial statements for the year ended December 31, 2024 contained no adverse opinion, disclaimer of opinion, or qualifications related to uncertainty, audit scope, or accounting principles. The company states there were no disagreements or reportable events with AssentSure during the fiscal years ended December 31, 2025 and 2024 and through the new engagement date, and AssentSure provided a letter to the SEC agreeing with statements pertaining to it.