secwatch.observer — SEC 8-K summary
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Issuer:     FDCTECH, INC. (FDCT)
CIK:        0001722731
Form:       8-K
Filed at:   2023-04-11T23:59:59+00:00
Accession:  0001493152-23-011814
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FDCTech amends acquisition date of 50.10% stake in New Star Capital/NSFX to Feb 28, 2023
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- Amended stock purchase agreement for 50.10% equity interest in New Star Capital and its NSFX subsidiary.
- Acquisition date changed from Dec 31, 2022 to Feb 28, 2023 (or later, no later than June 30, 2023) to comply with BVI Companies Act.
- FDCTech will assume a $350,000 business acquisition loan liability to purchase the controlling interest.
- NSFX is a Malta-regulated online trading brokerage (Category 3 license from MFSA) serving English, French, German, Italian, Arabic markets.
- Expects to consolidate NSFX's assets and liabilities on or after February 28, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722731/000149315223011814/0001493152-23-011814-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722731/000149315223011814/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-011814

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