SCHEDULE: Future Fintech Group: Key Shareholder Reduces Stake to 7.15% Following Share Sales

Jian Ke and FT Global Capital Inc. have reduced their beneficial ownership in Future Fintech Group Inc. to 7.15% after selling 93,000 shares.

Summary

• Jian Ke and FT Global Capital Inc. (the "Reporting Persons") have filed an Amendment No. 1 to their Schedule 13G, disclosing a change in beneficial ownership of Future Fintech Group Inc. common stock.
• The Reporting Persons now beneficially own an aggregate of 247,000 shares of Common Stock.
• This represents 7.15% of the Issuer's outstanding Common Stock, calculated based on 3,450,770 shares outstanding as of July 7, 2025.
• The change in ownership reflects the sale of 93,000 shares of Common Stock by the Reporting Persons.
• Previously, the Reporting Persons were deemed to beneficially own 340,000 shares of Common Stock, which were issued to Jian Ke following a Section 3(a)(10) court order as part of a Settlement and Forbearance Agreement (SFA) with the Issuer dated June 17, 2025.
• The SFA includes a provision limiting the Reporting Persons' beneficial ownership to a maximum of 9.99% of the outstanding Common Stock after any exercise of Series A or Series B Rights Shares.
• The Reporting Persons state that the securities were not acquired, nor are they held, for the purpose or effect of changing or influencing the control of the Issuer.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of a change in beneficial ownership, with no explicit positive or negative operational or financial news for the company. The reduction in stake by a significant holder is a neutral to slightly negative event, but the stated intent not to influence control is neutral to slightly positive.

Positives

• The filing clarifies the beneficial ownership structure, providing transparency to investors.
• The Reporting Persons explicitly state that their ownership is not for the purpose of changing or influencing the control of the Issuer, which can indicate stability in corporate governance.

Negatives

• The reduction in beneficial ownership by a significant holder (Jian Ke and FT Global Capital Inc.) through the sale of 93,000 shares could be perceived as a slight negative, indicating a partial divestment.

Risks

• No specific new risks to the company are identified in this filing; it primarily details a change in beneficial ownership.

Future Outlook

The filing does not provide any forward-looking statements or guidance regarding the company's future operations or financial performance; it is solely focused on beneficial ownership disclosure.

Management Comments

• Jian Ke, in his individual capacity and as President, CEO of FT Global Capital Inc., certified that the securities were not acquired and are not held for the purpose or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing is a routine beneficial ownership disclosure and does not provide information relevant to broader industry trends or competitor analysis.

Corporate Governance

Legal Proceedings

• The filing references a 'Settlement and Forbearance Agreement' (SFA) dated June 17, 2025, which involved a Section 3(a)(10) court order for the issuance of shares to Jian Ke. This indicates the resolution of a prior dispute, rather than ongoing litigation.

Related Party Transactions

• Jian Ke is the President, Chief Executive Officer, and sole director of FT Global Capital Inc., making FT Global Capital Inc.'s beneficial ownership directly attributable to and controlled by Jian Ke, establishing a related party relationship between the two Reporting Persons.

Stakeholder Impact

• Shareholders: The reduction in stake by a significant holder may lead to minor shifts in investor perception regarding the conviction of large shareholders, but the stated lack of intent to influence control suggests no immediate impact on corporate strategy or stability.
• Management: The filing confirms that the Reporting Persons are not seeking to change or influence control, which may provide clarity and stability for current management.

Next Steps

• No specific future actions, events, or milestones are mentioned in this beneficial ownership filing.

Key Dates

Keywords

Future Fintech Group, Schedule 13G, Beneficial Ownership, Jian Ke, FT Global Capital Inc., Common Stock, Shareholder, SEC Filing, Ownership Disclosure