XI'AN, China, Oct. 1, 2019 /PRNewswire/ -- Future FinTech Group
Inc. (FTFT) ("Future FinTech", "FTFT" or "the Company"), a company
engages in blockchain based e-commerce and fruit juice business,
today announced that it had filed its quarterly reports on Form
10-Q for the periods ended March 31
and June 30, 2019 on September 30, 2019 with the U.S. Securities and
Exchange Commission. The Company has now made all required periodic
filings for its current fiscal year.
Previously, in a notification letter dated July 29, 2019, NASDAQ had granted the Company an
exception until August 31, 2019 to
file its delinquent Form 10-K for the year ended December 31, 2018 (the "Form 10-K") and until
September 30, 2019 to file its Forms
10-Q for the periods ended March 31
and June 30, 2019 (the "Form 10-Qs")
based upon the initial plans of compliance submitted by the Company
to NASDAQ.
The Company has filed the Form 10-K on August 30, 2019 and the Form 10-Qs on
September 30, 2019. These filings
complete the Company's compliance plan to become current with its
SEC filings within the extension period provided by the
notification letter of NASDAQ.
About Future FinTech Group Inc.
Future FinTech Group Inc. ("Future FinTech", "FTFT" or the
"Company") is incorporated in Florida and engages in fruit juice and
blockchain based e-commerce businesses. The Company engages
in the operation of a blockchain based online shared shopping mall
platform and also operates an incubator for application projects
using blockchain technology. FTFT and its subsidiaries are
developing blockchain technology for a variety of B2B and B2C
real-life applications including the distribution, marketing and
sale of consumer products. The Company is also developing financial
technology business to stay ahead of the changing industry. For
more information, please visit http://www.ftft.top/.
Safe Harbor Statement
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended, or the
Exchange Act. Forward-looking statements include statements with
respect to our beliefs, plans, objectives, goals, expectations,
anticipations, assumptions, estimates, intentions, and future
performance, and involve known and unknown risks, uncertainties and
other factors, which may be beyond our control, and which may cause
the actual results, performance, capital, ownership or achievements
of the Company to be materially different from future results,
performance or achievements expressed or implied by such
forward-looking statements. All statements other than statements of
historical fact are statements that could be forward-looking
statements. You can identify these forward-looking statements
through our use of words such as "may," "will," "anticipate,"
"assume," "should," "indicate," "would," "believe," "contemplate,"
"expect," "estimate," "continue," "plan," "point to," "project,"
"could," "intend," "target" and other similar words and expressions
of the future.
All written or oral forward-looking statements attributable to
us are expressly qualified in their entirety by this cautionary
notice, including, without limitation, those risks and
uncertainties described in our annual report on Form 10-K for the
year ended December 31, 2017 and our
other reports and filings with SEC. Such reports are available upon
request from the Company, or from the Securities and Exchange
Commission, including through the SEC's Internet website at
http://www.sec.gov. We have no obligation and do not undertake to
update, revise or correct any of the forward-looking statements
after the date hereof, or after the respective dates on which any
such statements otherwise are made.
IR Contact:
Dragon Gate Investment Partners LLC
Tel: +1(646)-801-2803
Email: ftft@dgipl.com
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SOURCE Future FinTech Group Inc.