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Future FinTech Shares Fall After Announcing 1-for-4 Reverse Split: What You Need To Know
Future FinTech shares fell 13% after hours after the company disclosed a 1-for-4 reverse stock split.
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- benzinga
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- Aug 27, 2026, 6:11 AM
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- Aug 27, 2026, 6:11 AM
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- Captured once, then retained as an archive reference
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Future Fintech Group Announces Reverse Stock Split
Future FinTech Group Inc. (NASDAQ: FTFT) announced a 1-for-4 reverse stock split approved by its Board of Directors, effective August 28, 2026. The split will reduce outstanding shares from approximately 32.3 million to 8.1 million shares. Trading will resume on a split-adjusted basis on August 31, 2026 under the same ticker symbol with a new CUSIP number. Shareholder ownership percentages will remain unchanged.
Read original at globenewswire-inc8-K filing — Future FinTech Group Inc. (FTFT)
Filed: 2026-08-26 AccNo: 0001213900-26-094034 Size: 229 KB Item 3.03: Material Modifications to Rights of Security Holders Item 5.03: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Read original at edgar