Future FinTech Group Inc. Issues 15 Million Shares in Equity SPA and 60,000 Shares in Pre-Paid SPA, Leading to Change of Control

Reuters
2025/09/23
Future FinTech Group Inc. Issues 15 Million Shares in Equity SPA and 60,000 Shares in Pre-Paid SPA, Leading to Change of Control

Future FinTech Group Inc. completed significant share transactions on September 16, 2025. The company issued an aggregate of 15,000,000 shares of common stock to various purchasers under a securities purchase agreement dated July 24, 2024. Additionally, 60,000 shares were issued to an investor through a Pre-Paid Securities Purchase Agreement dated July 28, 2025. Notably, 9,000,000 shares were sold to Wealth Index Capital Limited (WICL) at $2.00 per share, totaling $18,000,000. As a result, WICL, controlled by Mr. Shanchun Huang, now owns approximately 48.107% of the company's outstanding shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Future FinTech Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-089892), on September 22, 2025, and is solely responsible for the information contained therein.

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