Description of securities registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended
DESCRIPTION OF THE REGISTRANT’S SECURITIES
REGISTERED PURUSANT TO SECTION 12 OF THE SECURITIES
EXCHNAGE ACT OF 1934, AS AMENDED
As of December 31, 2019, Fortune Valley Treasures, Inc. (“we,” “our,” “us” or the “Company”) had one class of securities registered under Section 12 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”): its common stock with a par value of $0.001 per share (“Common Stock”).
Pursuant to our articles of incorporation, as amended, our authorized capital stock is 3,000,000,000 shares of Common Stock. The following description summarizes the material terms of our capital stock. For a complete description of the matters set forth herein, you should refer to our articles of incorporation and bylaws, as amended and the applicable provisions of Nevada law.
Defined terms used herein and not defined herein shall have the meaning ascribed to such terms in the Company’s Annual Report on Form 10-K.
The holders of the Common Stock shall possess all voting power and each share of Common Stock shall have one vote on all matters submitted to the stockholders for a vote.
Our Common Stock is quoted on the OTCQB marketplace of the OTC Markets Group, Inc. under the symbol “FVTI.”