{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-034968","form_type":"8-K","ticker":null,"cik":"0001852407","company_name":"Fintech Ecosystem Development Corp.","filed_at":"2024-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.851005+00:00","generated_at":"2026-06-03T14:28:00.437504+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Fintech Ecosystem amends Forward Purchase Agreement; Caltech to buy 20M shares for $100M","bullets":["Caltech Trading commits $100M for 20M Forward Purchase Shares at $5.00 per share under amended FPA.","Amendment dated April 18, 2024 modifies Section 1(a)(i) of the original July 2021 Forward Purchase Agreement.","All other terms and conditions of the original FPA remain unchanged and in full force."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-034968","json":"https://secwatch.observer/filing/0001213900-24-034968.json","markdown":"https://secwatch.observer/filing/0001213900-24-034968.md","text":"https://secwatch.observer/filing/0001213900-24-034968.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1852407/000121390024034968/0001213900-24-034968-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1852407/000121390024034968/ea0204396-8k425_fintech.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T14:28:00.437504+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"13ea07e7c0fd1caf812d26b093c02a87fa4ba90a","claim":"Fintech Ecosystem Development Corp. amended Forward Purchase Agreement with Caltech Trading Corp. valued at $100,000,000 (effective 2024-04-18).","evidence_excerpt":"On April 18, 2024, the Company and Caltech entered into an amendment to the Forward Purchase Agreement (the “Amendment”). The Amendment amends Section 1(a)(i) of the Forward Purchase Agreement regarding share consideration by changing the number and price of shares the Company shall issue and sell to Caltech to 20 million Forward Purchase Shares, for an aggregate purchase price of $100,000,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1852407/000121390024034968/0001213900-24-034968-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Caltech Trading Corp."},{"label":"Value","value":"$100,000,000"},{"label":"Effective","value":"2024-04-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}