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Future FinTech received a notification letter from the “NASDAQ”

PRNewswireAugust 22, 20197 min
Future FinTech Group Inc. (NASDAQ: FTFT; the “Company”), a financial technology company and integrated producer of fruit-related products, today announced that on August 20, 2019, the Company received a notification letter from the NASDAQ Listing Qualifications (“NASDAQ”) stating the Company was not in compliance with NASDAQ Listing Rule 5250(c)(1), due to its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2019 (the “Form 10-Q”). Previously, in a notification...

JMU Limited Announced Acquisition of Cryptocurrency Solutions Business

PRNewswireAugust 14, 20196 min
JMU Limited (the “Company” or “JMU“) (Nasdaq: JMU) today announced that the Company has entered into definitive agreements regarding a private placement of US$4 million and an acquisition of cryptocurrency solutions business. Pursuant to a share purchase agreement, the Company will issue and sell 609,162,824 ordinary shares to a New Yorkholding company wholly owned by Mr. Haohan Xu, the largest shareholder and a director of the Company, for a cash consideration of US$4 million. The Company has also entered into a...

Future FinTech Launches the Second-version of Global Shared Shopping Platform, Chain Cloud Mall v2.0

PRNewswireJune 25, 201911 min
Future FinTech Group Inc. (FTFT)(“Future FinTech”, “FTFT” or “the Company”), a financial technology company and integrated producer of fruit-related products, announced the official launch of the second-version of its global  shared shopping platform, the Chain Cloud Mall v2.0 (CCM v2.0) on June 1, 2019. Owned and managed by FTFT and its wholly-owned subsidiary Chain Cloud Mall Network Technology (Tianjin) Co., Ltd., CCM v2.0 is a world’s leading sharing shopping platform that integrates blockchain and internet technology. As the...

Future FinTech Announces Submission of Compliance Plan to NASDAQ

FTB News DeskJune 19, 20198 min
Future FinTech Group Inc. (NASDAQ: FTFT; the “Company”), a financial technology company and integrated producer of fruit-related products, today announced that on June 14, 2019, the Company submitted its plan of compliance in connection with its failure to timely file the annual report on Form 10-K for the period ended December 31, 2018 and the quarterly report on Form 10-Q for the period ended March 31, 2019 (the “Delinquent Filings”) to NASDAQ. On April 17, 2019 and May 21, 2019, the Company received notification...

Future FinTech Announces Appointment of New Chief Financial Officer

FTB News DeskMay 24, 20199 min
Future FinTech Group Inc. (FTFT)(“Future FinTech”, “FTFT” or “the Company”), a financial technology company and integrated producer of fruit-related products, today announced Ms. Jing (Veronica) Chen has been appointed as the new Chief Financial Officer of the Company, effective on May 21, 2019. Ms. Chen is a seasoned executive with more than 20 years of experience in accounting, financial management, and general management of several public companies. Prior to joining Future FinTech, she served as the CFO of...

NetCents Technology Signs inCruises International, Continues Expansion in Travel Industry

FTB News DeskMay 20, 20199 min
NetCents Technology Inc. (“NetCents” or the “Company“) (CSE: NC) (Frankfurt: 26N) (OTCQB: NTTCF), is pleased to announce that it has entered into a merchant agreement with inCruises International (“inCruises“), an invitation-only travel membership club. Since 2015, inCruises has become the premier Cruise Membership club with Members and Partners in over 178 countries. Through this integration, NetCents will be the underlying technology providing inCruises’ 135,000 members the ability to pay their monthly memberships dues and allow their Members to book...

Future FinTech Group Regains Compliance with Nasdaq Minimum Bid Price Listing Requirement

FTB News DeskMay 9, 20197 min
Future FinTech Group Inc. (NASDAQ: FTFT; the “Company”), a financial technology company and integrated producer of fruit-related products, today announced that it has received a letter from the NASDAQ Listing Qualifications Staff notifying the Company that it has regained compliance with NASDAQ’s minimum bid price requirements for continued listing on the Nasdaq Capital Market. The letter noted that as a result of the closing bid price of the Company’s common stock having been at $1.00 per share or...

Future FinTech Enters into Securities Purchase Agreement

FTB News DeskApril 2, 20198 min
Future FinTech Group Inc. (NASDAQ: FTFT), a financial technology company and integrated producer of fruit-related products, today announced it has entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Iliad Research and Trading, L.P., a Utah limited partnership (the “Purchaser”) on March 26, 2019. Pursuant to the Purchase Agreement, the Company sold and issued to the Purchaser a Secured Convertible Promissory Note (the “Note”) in the principal amount of $1,070,000. The Purchaser purchased the Note with an original issue...
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