SCHEDULE: Jian Ke and FT Global Capital Disclose 9.85% Stake in Future Fintech Group

Jian Ke and FT Global Capital Inc. have disclosed a 9.85% beneficial ownership stake in Future Fintech Group Inc., stemming from a recent settlement agreement.

Summary

• Jian Ke and FT Global Capital Inc. (collectively, the "Reporting Persons") have reported beneficial ownership of 340,000 shares of Future Fintech Group Inc. Common Stock.
• This ownership represents 9.85% of the Issuer's outstanding Common Stock, calculated based on 3,450,770 shares outstanding as of July 7, 2025.
• The shares were acquired following a Section 3(a)(10) court order as part of a Settlement and Forbearance Agreement (SFA) with the Issuer, dated June 17, 2025.
• Under the SFA, FT Global or its designee is also set to receive an additional 650,000 Series A Rights Shares no earlier than six months after the SFA execution, and another 650,000 Series B Rights Shares no earlier than twelve months after the SFA execution.
• The SFA includes a provision limiting the Reporting Persons' beneficial ownership to a maximum of 9.99% of the outstanding Common Stock after giving effect to any exercise of the Series A or Series B Rights Shares.
• The Reporting Persons certify that the securities were not acquired for the purpose of changing or influencing the control of the Issuer.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership, stemming from a settlement. It does not contain information that would strongly sway sentiment positively or negatively regarding the company's operational or financial performance.

Positives

• A significant beneficial ownership stake of 9.85% by Jian Ke and FT Global Capital Inc. indicates a vested interest in Future Fintech Group Inc.
• The acquisition of shares is part of a Settlement and Forbearance Agreement, suggesting the resolution of a prior matter.
• Future potential for FT Global Capital Inc. to receive an additional 1,300,000 shares (650,000 Series A and 650,000 Series B Rights Shares) under the terms of the SFA.

Negatives

• No explicit negatives for the company are detailed in this beneficial ownership filing.

Risks

• The Settlement and Forbearance Agreement (SFA) implies a past dispute or issue that required a settlement, though the nature of this past issue is not detailed as a current risk.
• A contractual provision limits the Reporting Persons' beneficial ownership to a maximum of 9.99% of the outstanding Common Stock, which could cap their potential influence or investment growth in the company.

Future Outlook

FT Global Capital Inc. or its designee is expected to receive an additional 650,000 Series A Rights Shares no earlier than six months after the June 17, 2025, Settlement and Forbearance Agreement execution, and another 650,000 Series B Rights Shares no earlier than twelve months after the SFA execution, subject to a 9.99% beneficial ownership cap.

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 of or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing is a specific disclosure of beneficial ownership and does not provide broader industry trends or competitive analysis.

Corporate Governance

Legal Proceedings

• The initial 340,000 shares were issued following a Section 3(a)(10) court order as set forth under the Settlement and Forbearance Agreement (SFA), indicating a resolution of a prior legal or dispute matter.

Related Party Transactions

• The acquisition of shares and future share issuances are part of a Settlement and Forbearance Agreement between the Issuer and the Reporting Persons (Jian Ke and FT Global Capital Inc.). Jian Ke is President, CEO, and sole director of FT Global Capital Inc., and they have entered into a Joint Filing Agreement.

Stakeholder Impact

• Shareholders: The disclosure of a significant 9.85% beneficial ownership stake by Jian Ke and FT Global Capital Inc. provides transparency regarding a major shareholder. Future share issuances under the SFA could lead to dilution for existing shareholders, although the 9.99% cap limits the ultimate impact from these specific issuances.

Next Steps

• Issuance of 650,000 Series A Rights Shares to FT Global or its designee no earlier than six months after the June 17, 2025, SFA execution.
• Issuance of 650,000 Series B Rights Shares to FT Global or its designee no earlier than twelve months after the June 17, 2025, SFA execution.

Key Dates

Keywords

Future Fintech Group Inc., Beneficial Ownership, Schedule 13G, Common Stock, Jian Ke, FT Global Capital Inc., Settlement and Forbearance Agreement, Shareholder Stake