---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-011450"
form_type: "8-K/A"
ticker: "FDCT"
cik: "0001722731"
company_name: "FDCTECH, INC."
filed_at: "2022-04-29T23:59:59+00:00"
generated_at: "2026-06-26T02:42:41.773050+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FDCTech acquires 51% of AD Financial Services; acquired firm posts $5.9M FY2021 revenue

## Summary
- FDCTech issued 45M restricted common shares to acquire 51% of AD Financial Services Pty Ltd.
- Acquired entity AD Advisory Services posted FY2021 revenue of $5.9M (up 79% YoY) but net income of only $8K.
- Auditor expresses substantial doubt about acquired entity's ability to continue as a going concern.
- Acquired entity has $530M+ funds under advice, 28 advisors across 20 Australian offices.
- Pro forma combined FDCTech revenue for year ended Dec 2020 would have been $4.9M vs. $215K stand-alone.

## SEC filing metadata
- accession: 0001493152-22-011450
- form_type: 8-K/A
- ticker: FDCT
- cik: 0001722731
- company_name: FDCTECH, INC.
- filed_at: 2022-04-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722731/000149315222011450/0001493152-22-011450-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722731/000149315222011450/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-011450
- JSON: https://secwatch.observer/filing/0001493152-22-011450.json
- Plain text: https://secwatch.observer/filing/0001493152-22-011450.txt

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