Future FinTech Group (FTFT) Halted on LUDP
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Future Fintech Group Inc. Announces $35 Million Registered Direct Offering Priced At-the-market Under Nasdaq Rules
April 1, 2021 11:06 AM EDTNEW YORK, Apr. 1, 2021 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), a leading blockchain based e-commerce company and a service provider for financial technology, today announced that it has entered into a definitive agreement with institutional investors for the purchase and sale of 5,737,706 shares of its common stock at a price of $6.10 per share for gross proceeds of approximately $35 million in a registered direct offering priced at-the-market under Nasdaq rules. The closing of the offering is expected to occur on or about April 6, 2021,... More
Future Fintech Announces Framework Agreement to Acquire Bitcoin Mining Farm
April 1, 2021 7:00 AM EDTNEW YORK, April 1, 2021 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that the Company and the shareholders (the "Sellers") of Nanjing Ribensi Electronic Technology Co., Ltd. ("Nanjing Ribensi") have signed an acquisition framework agreement (the "Framework Agreement") to acquire Nanjing Ribensi which currently operates a bitcoin mining farm with a capacity to operate 30,000 bitcoin mining machines. Bitcoin mining farms are data centers... More
