Future FinTech Group Inc., leveraging its subsidiaries, primarily conducts supply-chain financing and various trading operations within the People's Republic of China. The company's financial services encompass cross-border payment solutions, money transfers, brokerage, and investment banking. Additionally, it engages in the trading of commodities like coal, aluminum ingots, sand, and steel. Headquartered in New York, New York, the entity adopted its current name in June 2017, having previously been known as SkyPeople Fruit Juice, Inc.
Future Fintech Group Announces Reverse Stock Split
Future FinTech Group announced a 1-for-4 reverse stock split approved by its Board, effective after market close on July 10, 2026.
The consolidation will reduce outstanding common shares from approximately 7.47 million to 1.87 million without changing the par value, with split-adjusted trading commencing July 13.
The Company stated the move is intended to help regain compliance with the Nasdaq Capital Market's minimum bid price requirement, addressing a significant risk of delisting.