# EDGAR Filing Document

**Accession Number:** 0001958713
**File Stem:** 0000000000-23-000528
**Filing Date:** 2023-1
**Character Count:** 12667
**Document Hash:** 427abb7f57fdbec6794b43b7887251ab
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-000528.hdr.sgml**: 20230607

**ACCESSION NUMBER**: 0000000000-23-000528

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230118

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NFT Ltd
- **CENTRAL INDEX KEY:** 0001958713
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** OFFICE Q 11TH FLOOR, KINGS WING PLAZA 2
- **STREET 2:** NO. 1 KWAN ST., SHA TIN, NEW TERRITORIES
- **CITY:** HONG KONG
- **STATE:** K3
- **ZIP:** 999077
- **BUSINESS PHONE:** 86-13020144962

**MAIL ADDRESS:**
- **STREET 1:** OFFICE Q 11TH FLOOR, KINGS WING PLAZA 2
- **STREET 2:** NO. 1 KWAN ST., SHA TIN, NEW TERRITORIES
- **CITY:** HONG KONG
- **STATE:** K3
- **ZIP:** 999077
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001213900-22-080687

## Text-Extract

```

United States securities and exchange commission logo

                              January 18, 2023

       Kuangtao Wang
       Chief Executive Officer
       NFT Limited
       Office Q 11th Floor, Kings Wing Plaza 2
       No. 1 Kwan Street, Sha Tin, New Territories
       Hong Kong

                                                        Re: NFT Limited
                                                            Registration
Statement on Form F-4
                                                            Filed December 19,
2022
                                                            File No. 333-268865

       Dear Kuangtao Wang:

              We have limited our review of your registration statement to
those issues we have
       addressed in our comments. In some of our comments, we may ask you to
provide us with
       information so we may better understand your disclosure.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to these comments, we may have additional comments.

       Registration Statement on Form F-4

       Proxy Statement/Prospectus Cover Page, page i

   1.                                                   We note that registered
shareholders and duly appointed proxyholders will be able to
                                                        attend, participate and
vote at your 2022 annual meeting of shareholders. Further, certain
                                                        beneficial owners will
be able to attend as a guest and view a webcast. Please revise your
                                                        disclosure here and
elsewhere throughout this section of your prospectus as appropriate to
                                                        provide the website
address for the webcast that allows these shareholders and other
                                                        guests to attend and
view, but not participate in or vote at the meeting. Also, consistently
                                                        state whether you
intend to engage a proxy solicitor, such as on page 24 where you make
                                                        no mention of
Broadridge. Please advise if the website to the webcast will be provided by
                                                        your proxy solicitor,
Broadridge.
 Kuangtao Wang
FirstName  LastNameKuangtao Wang
NFT Limited
Comapany
January 18,NameNFT
            2023    Limited
January
Page 2 18, 2023 Page 2
FirstName LastName
Risk Factors
Risks Relating to the Merger and Reorganization
As a result of different shareholder voting requirements in the Cayman Islands
relative to
Delaware..., page 19

2.       As reflected in the title of this risk factor, you intend to
redomicile your company from
         Delaware to the Cayman Islands. However, the disclosure under this
risk factor discusses
         differences between Cayman Islands and Nevada law. Please revise your
disclosure here
         and elsewhere as appropriate to reflect discussion of Delaware rather
than Nevada law.
Proposal No. 3-Approval of the Disposition
Description of the Proposed Disposition, page 36

3.       We note your disclosure here regarding entering into an amended
disposition agreement
         for the sole purpose of correcting a clerical error regarding the
purchase price of the
         disposition of Hong Kong Takung and Hong Kong MQ. Please revise this
section to
         disclose that the original disposition agreement is attached as Annex
C and
         the amendment is attached as Annex F, similar to your disclosure under
"The Disposition
         Agreement" found on page 38. Further, please provide the text of the
amendment to the
         disposition agreement beginning on page Annex F-1. Currently, there is
a heading
         reflecting the inclusion of this document but no subsequent text in
the body of Annex F.
Signatures, page II-3

4.       We note that your registration statement is signed by Kuangtao Wang on
behalf of Takung
         Art Co., Ltd. as well as additional individuals serving in the
capacity of directors and an
         additional officer of Takung Art Co., Ltd. While this registration
statement involves the
         merger of Takung Art Co., Ltd. with NFT Limited as the surviving
entity, this registration
         statement on Form F-4 was filed on behalf of the registrant, NFT
Limited. Please amend
         your registration statement to include signatures by the appropriate
party(ies) on behalf of
         NFT Limited. See Instruction 1 to Item 22 of Form F-4.
General

5.       We note that you did not include pro forma financial information or
financial
         statements in your filing for the registrant, NFT Limited. Please
amend your registration
         statement to provide financial information as applicable in accordance
with Items 5 and 14
         to Form F-4 and Item 8 of Form 20-F.
6.       Ensure that you provide or incorporate by reference information about
the company being
         acquired, Takung Art, consistent with Instruction C to Form F-4 and
Instruction C to
         Form S-4, including financial statements.
        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.
 Kuangtao Wang
NFT Limited
January 18, 2023
Page 3

       Refer to Rules 460 and 461 regarding requests for acceleration. Please
allow adequate
time for us to review any amendment prior to the requested effective date of
the registration
statement.

       Please contact Kate Beukenkamp at 202-551-3861 or Mara Ransom at
202-551-3264
with any other questions.

                                                           Sincerely,
FirstName LastNameKuangtao Wang
                                                           Division of
Corporation Finance
Comapany NameNFT Limited
                                                           Office of Trade &
Services
January 18, 2023 Page 3
cc:       Joan Wu
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

January 18, 2023

Kuangtao Wang  
Chief Executive Officer  
NFT Limited  
Office Q 11th Floor, Kings Wing Plaza 2  
No. 1 Kwan Street, Sha Tin, New Territories  
Hong Kong

**Re: NFT Limited**  
**Registration Statement on Form F-4**  
**Filed December 19, 2022**  
**File No. 333-268865**

Dear Kuangtao Wang:

We have limited our review of your registration statement to those issues we have addressed in our comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments.

# Registration Statement on Form F-4

# Proxy Statement/Prospectus Cover Page, page i

1. We note that registered shareholders and duly appointed proxyholders will be able to attend, participate and vote at your 2022 annual meeting of shareholders. Further, certain beneficial owners will be able to attend as a guest and view a webcast. Please revise your disclosure here and elsewhere throughout this section of your prospectus as appropriate to provide the website address for the webcast that allows these shareholders and other guests to attend and view, but not participate in or vote at the meeting. Also, consistently state whether you intend to engage a proxy solicitor, such as on page 24 where you make no mention of Broadridge. Please advise if the website to the webcast will be provided by your proxy solicitor, Broadridge.

Kuangtao Wang
NFT Limited
January 18, 2023
Page 2

# Risk Factors

# Risks Relating to the Merger and Reorganization

As a result of different shareholder voting requirements in the Cayman Islands relative to Delaware..., page 19

2. As reflected in the title of this risk factor, you intend to redomicile your company from Delaware to the Cayman Islands. However, the disclosure under this risk factor discusses differences between Cayman Islands and Nevada law. Please revise your disclosure here and elsewhere as appropriate to reflect discussion of Delaware rather than Nevada law.

# Proposal No. 3-Approval of the Disposition

Description of the Proposed Disposition, page 36

3. We note your disclosure here regarding entering into an amended disposition agreement for the sole purpose of correcting a clerical error regarding the purchase price of the disposition of Hong Kong Takung and Hong Kong MQ. Please revise this section to disclose that the original disposition agreement is attached as Annex C and the amendment is attached as Annex F, similar to your disclosure under "The Disposition Agreement" found on page 38. Further, please provide the text of the amendment to the disposition agreement beginning on page Annex F-1. Currently, there is a heading reflecting the inclusion of this document but no subsequent text in the body of Annex F.

# Signatures, page II-3

4. We note that your registration statement is signed by Kuangtao Wang on behalf of Takung Art Co., Ltd. as well as additional individuals serving in the capacity of directors and an additional officer of Takung Art Co., Ltd. While this registration statement involves the merger of Takung Art Co., Ltd. with NFT Limited as the surviving entity, this registration statement on Form F-4 was filed on behalf of the registrant, NFT Limited. Please amend your registration statement to include signatures by the appropriate party(ies) on behalf of NFT Limited. See Instruction 1 to Item 22 of Form F-4.

# General

5. We note that you did not include pro forma financial information or financial statements in your filing for the registrant, NFT Limited. Please amend your registration statement to provide financial information as applicable in accordance with Items 5 and 14 to Form F-4 and Item 8 of Form 20-F.
6. Ensure that you provide or incorporate by reference information about the company being acquired, Takung Art, consistent with Instruction C to Form F-4 and Instruction C to Form S-4, including financial statements.

We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.

Kuangtao Wang
NFT Limited
January 18, 2023
Page 3

Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement.

Please contact Kate Beukenkamp at 202-551-3861 or Mara Ransom at 202-551-3264 with any other questions.

Sincerely,

Division of Corporation Finance
Office of Trade & Services

cc: Joan Wu