SplitJul 8, 2026, 05:27 PM
Future FinTech Announces 1-for-4 Reverse Stock Split
AI Summary
Future FinTech Group Inc. announced that its Board of Directors approved a 1-for-4 reverse stock split of the Company's common stock. The reverse stock split is expected to become effective on July 10, 2026, with trading on a split-adjusted basis commencing July 13, 2026. This action will reduce the number of outstanding shares from approximately 7.47 million to 1.87 million, with no change to the par value per share.
Key Highlights
- Board of Directors approved a 1-for-4 reverse stock split.
- Reverse stock split expected to become effective on July 10, 2026, at 4 P.M. ET.
- Common Stock will begin trading on a reverse split-adjusted basis on July 13, 2026.
- Shares outstanding will be reduced from approximately 7,472,707 to 1,868,177.
- No fractional shares will be issued; holders will receive one whole share, rounded up.
Price Impact
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