FDCTech signs LOI to acquire 80% of CIM Securities for $200K

FDCTECH, INC.

Total purchase price $200K: $20K non-refundable deposit due by July 31, 2022; $180K payable after FINRA Form 1017 approval.
CIM Securities is a FINRA/SIPC member broker-dealer licensed in 49 US states; generated $2.51M revenue in FY 2021.
Acquisition subject to regulatory approvals; closing expected in Q4 2022.
CIM offers private placements and brokerage services via clearing firm Hilltop Securities.

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