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Future FinTech Group Inc. (Nasdaq ftft at https://www.webull.com/quote/nasdaq-ftft) (“Future FinTech”, “FTFT” or “the Company”), a main blockchain-based online business organization and a specialist co-op for monetary innovation, today declared that it has gone into a conclusive concurrence with institutional financial backers for the buy and offer of 5,737,706 portions of its basic stock for $6.10 per share for net continues of around $35 million of every an enlisted direct contribution evaluated at-the-market under Nasdaq rules. The end of the contribution is required to happen approximately April 6, 2021, subject to the general inclination of standard shutting conditions.
A.G.P./Alliance Global Partners is going about as the sole position specialist for the contribution.
The Company plans to utilize the net continues from this contribution for development capital and general working capital purposes.
This official statement will not comprise a proposal to sell or the sales of a proposal to purchase nor will there be any offer of these protections in any state or purview wherein such offer, requesting or deal would be unlawful before enrollment or capability under the protections laws of any such state or ward.
About Future FinTech Group Inc.
Future FinTech Group Inc. (“Future FinTech”, Nasdaq ftft or the “Organization”) is a main blockchain online business organization and a specialist co-op for monetary innovation consolidated in Florida. The Company’s activities incorporate a blockchain-based internet shopping center stage, Chain Cloud Mall (“CCM”), a cross-line online business stage (NONOGIRL), a hatchery for blockchain-based application projects.
Safe Harbor Statement
Sure of the assertions made in this public statement are “forward-looking proclamations” inside the importance and assurances of Section 27A of the Securities Act of 1933, as changed and Section 21E of the Securities Exchange Act of 1934, as revised, or the Exchange Act. Forward-looking proclamations incorporate explanations regarding our convictions, plans, destinations, objectives, assumptions, expectations, suspicions, evaluations, goals, and future execution, and imply known and obscure dangers, vulnerabilities, and different components, which might be outside our ability to control, and which may cause the genuine outcomes, execution, capital, proprietorship or accomplishments of the Company to be physically not quite the same as future outcomes, execution or accomplishments communicated or suggested by such forward-looking articulations. All assertions other than articulations of verifiable truth are explanations that could be forward-looking proclamations.
All composed or oral forward-looking assertions owing to us are explicitly qualified completely by this preventative notification, including, without restriction, those dangers, and vulnerabilities depicted in our yearly report on Form 10-K for the year finished December 31, 2019, and our different reports and filings with SEC. There are many other good stocks like nasdaq plugIDEX, you can get the information from https://www.webull.com/quote/nasdaq-plugIDEX.