UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 10, 2021
Future FinTech Group Inc.
(Exact name of registrant as specified in its charter)
Florida | 001-34502 | 98-0222013 | ||
(State or other jurisdiction
of incorporation) |
(Commission File Number) |
(IRS Employer
Identification No.) |
Americas Tower, 1177 Avenue of The Americas,
Suite 5100, New York, NY 10036
(Address of principal executive offices, including zip code)
888-622-1218
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Common Stock, par value $0.001 per share | FTFT | Nasdaq Stock Market |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 10, 2021, Future FinTech Group Inc. (the “Company”) renewed the Employment Agreement (the “Renewed Agreement”) with Mr. Shanchun Huang, the Company’s Chief Executive Officer, to serve in such position until March 7, 2022. Except for the renewal of the term of the Employment Agreement originally entered by the Company and Mr. Huang on March 7, 2020, all terms of the original Employment Agreement remain the same and Mr. Huang will receive compensation in the amount of $1 per year during the term of the Renewed Agreement, a copy of which is attached as an exhibit hereto and is incorporated by reference into this Item 5.02.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
10.1 | Renewal of Employment Agreement by and between Future FinTech Group Inc. and Mr. Shanchun Huang dated on June 10, 2021. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Future FinTech Group Inc. | ||
Date: June 11, 2021 | By: | /s/ Shanchun Huang |
Name: | Shanchun Huang | |
Title: | Chief Executive Officer |
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Exhibit 10.1
Reference: Renewal of Employment Agreement dated March 7, 2020 (the “Employment Agreement”)
By signing below both parties agree to renew the term of the Employment Agreement until March 7, 2022. Except as expressly set forth herein, all terms of the Employment Agreement remain in full force and effect, and constitute the legal, valid, binding and enforceable obligations of the parties thereto.
Executive:
By: | /s/ Shanchun Huang | |
Shanchun Huang | ||
Future FinTech Group Inc. | ||
By: | /s/ Yongke Xue | |
Name: | Yongke Xue | |
Title: | Chairman of the Board |