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

Reuters09-23
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.

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