---
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"
generated_at: "2026-06-03T14:28:00.437504+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Fintech Ecosystem amends Forward Purchase Agreement; Caltech to buy 20M shares for $100M

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-24-034968
- form_type: 8-K
- cik: 0001852407
- company_name: Fintech Ecosystem Development Corp.
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-034968
- JSON: https://secwatch.observer/filing/0001213900-24-034968.json
- Plain text: https://secwatch.observer/filing/0001213900-24-034968.txt

## Key facts
- Material Agreements
  Fintech Ecosystem Development Corp. amended Forward Purchase Agreement with Caltech Trading Corp. valued at $100,000,000 (effective 2024-04-18).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: Caltech Trading Corp.
  - Value: $100,000,000
  - Effective: 2024-04-18
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1852407/000121390024034968/0001213900-24-034968-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.