Future FinTech Group Inc.

09/05/2025 | Press release | Distributed by Public on 09/05/2025 15:10

Proxy Results, Amendments to Bylaws (Form 8-K)

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

As more fully described below under Item 5.07, at the special meeting of stockholders Future FinTech Group Inc., a Florida corporation (the "Company") held on September 2, 2025 (the "Special Meeting"), the stockholders of the Company approved certain amendments to Company's Amended and Restated Articles of Incorporation (the "Share Increase Amendment") to increase the authorized shares of the Company's common stock, par value $0.001 per (the "Common Stock"), from 6,000,000 shares to 600,000,000 shares.

Once the Share Increase Amendment Proposal is approved by the shareholders at the Special Meeting, the Share Increase Amendment will become effective upon the filing of a certificate of amendment to our Articles of Incorporation with the Secretary of State of the State of Florida. The Company is in the process of arranging for the filing of the Share Increase Amendment and expects the filing to be completed and the Share Increase Amendment to become effective in the next few days.

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by the full text of the Share Increase Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 5.07. Submission of Matters to a Vote of Security Holders.

On September 2, 2025, the Company held the Special Meeting of Shareholders. Of the 3,450,770 shares outstanding and entitled to vote as of the record date, 1,750,034 shares, or 50.71%, were represented in person or by proxy at the Special Meeting, thereby satisfying the quorum requirement. The results for each of the proposals submitted to a vote of our shareholders at the Special Meeting are set forth below. Each proposal is described in more detail in Definitive Schedule 14A ( the "Schedule 14A"), filed with the Securities and Exchange Commission on August 8, 2025.

As disclosed in the Schedule 14A, each of the proposals voted by the shareholders at the Special Meeting required the affirmative vote of a majority of the votes cast, either in person or by proxy, at the Special Meeting, provided a quorum is present. Abstentions and broker non-votes were not be counted as votes cast and will have no effect on the outcome of the vote

Proposal One Amendment and Restatement of the Company's Amended and Restated Articles of Incorporation, as Amended: the approval to amend and restate the Company's Articles of Incorporation, as amended, to increase the Company's authorized shares of common stock, $0.001 par value (the "Common Stock") from 6,000,000 shares to 600,000,000 shares.
FOR AGAINST ABSTAIN
Number of Voted Shares 1,622,713 16,965 575
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