Future FinTech Group Inc.

Future FinTech Group Inc., through its wholly-owned subsidiary Future Commercial Group Limited, entered into a Share Purchase Agreement to acquire a 20% equity interest in Xi’an Changshida Information Technology Co., Ltd. for approximately US$6.46 million. Changshida is focused on applying artificial intelligence technologies in the healthcare and smart city sectors. The payment consists of RMB 40 million in cash and 493,062 shares of Future FinTech common stock, valued at RMB 4 million.

Future FinTech Group Inc. entered into Pre-Paid Purchase #3 with Avondale Capital, LLC on May 20, 2026, securing $2,000,000 in cash proceeds. This is part of a larger Pre-Paid Securities Purchase Agreement for up to $10,000,000, previously approved by shareholders. The company issued a Pre-Paid Instrument with a principal amount of $2,160,000, reflecting an 8% original issue discount.

Future FinTech Group Inc. reported a significant reduction in net loss attributable to the company, decreasing to $1.28 million or $(0.25) per share for Q1 2026, compared to $4.57 million or $(7.48) per share in Q1 2025. This improvement occurred despite a revenue decline to $212,612 from $542,131 year-over-year. The company noted ongoing operating losses and negative cash flows, raising substantial doubt about its ability to continue as a going concern, while also highlighting its business transformation to financial technology services and the impact of discontinued operations in the prior year.