Future FinTech conducted a 1-for-10 reverse share distribution to fulfill NASDAQ standards and cut its stock amount and its financial obstacles.

Future FinTech Group Inc.  Recently declared a 1-for-10 reverse stock split that became effective at 1:00 PM ET on 2nd April 2025 for the purpose of stabilizing its stock performance. Company stock performance took a major hit over last year with an 83% decline after the official decision about the 1-for-10 reverse stock split.

The reverse stock split changes both authorized common shares from 60 million to 6 million and outstanding shares from 30.08 million to roughly 3.01 million. Aside from these adjustments the company kept its par value at $0.001 unchanged. The current market capitalization of Future FinTech amounts to $3.32 million while InvestingPro rates the company as 'WEAK' for financial health. Future FinTech seeks to restore compliance with NASDAQ Marketplace Rule 5550(a) (2 regarding the necessary listed security minimum bid price requirement.

Future FinTech’s Board of Directors approved the stock-split by mutual consent according to Florida Business Corporation Act. Shareholders will not receive cash payments or alternate compensation for fractional shares deriving from the stock split according to company statements.

Future FinTech plans to implement trading operations under existing symbol FTFT on April 4, 2025 when the stock split takes effect. The company's financial stability continues to be analyzed by analysts following its preferred shares despite unaffected changes in shareholder equity. Investors monitor the progress of Future FinTech as it performs its restructuring while market conditions continue to be uncertain.