NFT Ltd

Snapshot

NFT Limited runs a tiny NFT art-trading platform in China whose revenue is both small and shrinking: $726K in FY 2025, down from $741K and $2.2M in prior years.

What's Happening Right Now

• Wed 30th Sep '26 · Dilution: On September 30, 2026, NFT Limited agreed to sell 80 million Class A shares at $0.45 to non-U.S. buyers for about $36 million, more than 130 times its 611,390 shares outstanding at the time, pending NYSE American approval.
• Wed 30th Sep '26 · Earnings: H1 2026 revenue fell 64.7% YoY to $112,014 with a $473,690 net loss; the company's $103 million cash balance is mostly a refund after its platform software project failed, held at an uninsured bank in Djibouti.
• Thu 10th Sep '26 · Dilution warning: A September 10, 2026 prospectus for a $2.0 million offering disclosed warrants that could nearly fivefold the share count and warned NYSE American may halt or delist the stock over the dilutive structure.
• Thu 10th Sep '26 · Dilution: An F-1 filed the same week proposed another offering whose warrants could expand shares by up to 746% after the company's prior 1-for-80 reverse split.
• Thu 10th Sep '26 · Offering closed: NFT closed a ~$2.01 million offering on August 24, 2026 with warrants carrying a down-round reset provision that can lower the exercise price if shares are later sold cheaper.