Future FinTech Announces Submission of Compliance Plan to NASDAQ
Future FinTech Group Inc. (FTFT)
US:NASDAQ Investor Relations:
ir.stockpr.com/ftft
Company Research
Source: PR Newswire
XI'AN, China, Sept. 20, 2019 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT; the "Company"), a company engages in blockchain based e-commerce and fruit juice business, today announced that on September 18, 2019, the Company submitted its plan of compliance in connection with its failure to meet the requirement of maintaining a minimum of $2,500,000 in shareholders' equity for continued listing on the NASDAQ Capital Market, as set forth in NASDAQ Listing Rule 5550(b)(1).On September 4, 2019, the Company received written notice from the NASDAQ Stock Market ("NASDAQ") stating that the Company does not meet the requirement of maintaining a minimum of $2,500,000 in stockholders' equity for continued listing on the NASDAQ Capital Market, as set forth in NASDAQ Listing Rule 5550(b)(1), the Company also does not meet the alternative of market value of listed securities of $35 million under NASDAQ Listing Rule 5550(b)(2) or net income from continuing operations of $500,000 in the most
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Sec Filings
- 12/11/24 - Form 8-K
- 11/19/24 - Form 10-Q
- 11/14/24 - Form NT
- FTFT's page on the SEC website