secwatch.observer — SEC 8-K summary
======================================

Issuer:     FDCTECH, INC. (FDCT)
CIK:        0001722731
Form:       8-K
Filed at:   2021-09-15T23:59:59+00:00
Accession:  0001493152-21-022778
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FDCTech secures up to $2M equity line with White Lion; separately sells 1M shares for $100k
--------------------------------------------------------------------------------

- Equity Purchase Agreement with White Lion Capital for up to $2M of common stock at 88% of lowest 5-day VWAP.
- White Lion receives 670,000 Consideration Shares; agreement runs through May 1, 2022, subject to $2M cap.
- Separate Subscription Agreement with AD Securities America for $100k, selling 1M shares.
- Both issuances are unregistered under Rule 506(b) of Regulation D; Registration Rights granted.
- FDCTech had 87,345,412 shares outstanding as of the execution date; dilution from the new shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722731/000149315221022778/0001493152-21-022778-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722731/000149315221022778/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-022778

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer