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You are at:Home » Future FinTech Group raises $15 million in Registered Direct Offering
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Future FinTech Group raises $15 million in Registered Direct Offering

AlexaBlockchainBy AlexaBlockchainJanuary 15, 2021Updated:January 15, 2021No Comments2 Mins Read
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  • Future FinTech Group issued a total of 3,000,000 shares of its Common Stock at a purchase price of $5.00 per share in the offering.
  • The net proceeds from this offering will be used for growth capital and general working capital purposes.

United States, Jan 15, 2021 /AlexaBlockchain/ – Future FinTech Group Inc., a leading blockchain based e-commerce company and a service provider for financial technology, today announced that it raised $15 million through the registered direct offering of 3,000,000 share of its Common Stock at a purchase price of $5.00 per share on January 13, 2021.

Future FinTech Group said that the net proceeds from this offering will be used for growth capital and general working capital purposes.

A.G.P./Alliance Global Partners acted as the sole placement agent for the offering.

The company said that all offers were made only by means of a prospectus, including a prospectus supplement pursuant to the Company’s effective shelf registration statement and base prospectus contained therein. The shelf registration statement on Form S-3 (File No. 333-224686) relating to the offering was previously filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective on December 11, 2020. A prospectus supplement related to the offering was filed with the SEC on January 13, 2021 and is available at www.sec.gov.

FinTech Future FinTech Group Inc. United States
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