NFT Ltd

NFT Limited has issued a statement in response to unusual trading activity observed in its securities on November 10, 2026. The company has investigated and stated that it is not aware of any undisclosed material information or business developments that would explain the market's behavior. NFT Limited indicated that it cannot determine the specific reasons behind the unusual trading activity by investors and will continue to comply with disclosure requirements for any future material developments.

NFT Limited announced a change in its Chief Financial Officer. Mr. Jianguang Qian resigned from his position as CFO on May 7, 2026, citing personal reasons. The company's Board of Directors subsequently appointed Mr. Yaobin Wang as the new CFO on May 12, 2026. Mr. Wang, who previously served as CFO for NFT Limited, will receive an annual salary of $60,000 and brings extensive financial experience from various companies.

NFT Ltd. announced its board of directors approved a 1-for-80 reverse share split for its Class A and Class B ordinary shares, effective on or about May 18, 2026. This action follows shareholder approval on April 17, 2026. Upon effectiveness, shareholders will receive one new share for every eighty held, and the Class A shares will begin trading on a split-adjusted basis under the existing symbol "MI" with a new CUSIP number. The reverse split will reduce the outstanding Class A ordinary shares from approximately 18.48 million to 230,986, and the par value will be $0.04 per share. The company cautioned that it cannot assure the post-split price will reflect the ratio or be maintained.

NFT Ltd announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the SEC on May 1, 2026. The audited financial statements included an audit opinion from its independent registered public accounting firm, which contained a going concern emphasis of matter paragraph. This announcement was made pursuant to NYSE American Company Guide Section 610(b), requiring public disclosure of such audit opinions. Shareholders can access the report online or request a hard copy.