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Future FinTech Group ( (FTFT) ) has provided an announcement.
Future FinTech Group Inc. entered into a Pre-Paid Securities Purchase Agreement with Avondale Capital, LLC, allowing for potential funding of up to $10,000,000 through pre-paid purchase instruments. On September 22, 2025, the company executed a second agreement under this arrangement, receiving $1,000,000 in cash proceeds in exchange for a pre-paid instrument with a principal amount of $1,080,000, reflecting an 8% original issue discount. The agreement terms were approved by shareholders on September 5, 2025. Additionally, a Waiver Letter was signed, increasing the second purchase price and resulting in the issuance of 1,445,000 shares of common stock to the investor, with the company receiving $1,000,000 in proceeds on September 24, 2025. These transactions were conducted under exemptions from the registration requirements of the Securities Act of 1933.
More about Future FinTech Group
Average Trading Volume: 1,861,113
Technical Sentiment Signal: Sell
Current Market Cap: $7.38M
For a thorough assessment of FTFT stock, go to TipRanks’ Stock Analysis page.