Why Femto Technologies (FMTO) Stock Hit A New 52-Week Low Today

Benzinga·03/13/2025 14:32:33

Listen to the news

Femto Technologies Inc (NASDAQ:FMTO) shares are trading lower by 27% to $2.11 during Thursday’s session after the company filed to sell 233.35 million shares of common stock for holders.

What To Know: A Wednesday SEC filing outlines the potential resale of up to 233.35 million common shares of FMTO by selling shareholders.

These include existing shares and those issuable upon warrant exercises. FMTO itself is not offering shares and will not receive proceeds from resale but may gain funds from warrant exercises.

Additionally, per the SEC filing, the company says the registered shares represent nearly 80 times FMTO's current outstanding shares, posing risks of significant stock price declines and volatility.

According to data from Benzinga Pro, FMTO has a 52-week high of $90.76 and a 52-week low of $2.07.

FAQ

Fee Schedule Open Account Deposit & Withdrawal Trading

Terms & Conditions

Client Agreement Privacy Policy Data Disclaimer Security Tips

About Webull

About us Webull Promotions Contact information Announcements

Service Email : service@webull.hkBusiness Cooperation : marketinghk@webull.hk

Risk Disclosure: The content of this page is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. All investments involve risk and the past performance of securities, or financial products does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing. For more details, please refer to risk disclosure.
① During the campaign period, US stocks, US stocks short selling, US stock options, Hong Kong stocks, and A-shares trading will maintain at $0 commission, and no subscription/redemption fees for mutual fund transactions. $0 fee offer has a time limit, until further notice. For more information, please visit: https://www.webull.hk/pricing
② More than 40M Downloads Globally : data based on Webull Technologies Limited's internal statistics as of July 14, 2023.
Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.

Language

English