{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-028098","form_type":"8-K","ticker":"FDCT","cik":"0001722731","company_name":"FDCTECH, INC.","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.993322+00:00","generated_at":"2026-06-11T11:50:06.989551+00:00","sec_items":["1.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"FDCTech terminates purchase agreement for CIM Securities controlling interest; escrow refunds $180,000","bullets":["On July 30, 2023, FDCTech gave notice terminating the purchase agreement with Choice Investment Management for CIM Securities, LLC.","After five-business-day waiting period, escrow agent refunded $180,000 to FDCTech on August 4, 2023.","The terminated agreement would have given FDCTech a controlling interest in CIM Securities, a broker-dealer.","No reason for termination disclosed; company recovers the escrow deposit."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-028098","json":"https://secwatch.observer/filing/0001493152-23-028098.json","markdown":"https://secwatch.observer/filing/0001493152-23-028098.md","text":"https://secwatch.observer/filing/0001493152-23-028098.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1722731/000149315223028098/0001493152-23-028098-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1722731/000149315223028098/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T11:50:06.989551+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"30a891c26a9b501dba2c55975043a56943438c04","claim":"FDCTECH, INC. terminated purchase agreement between the Company and Choice Investment Management, LLC for acquiring a controlling interest in CIM Securities, LLC with Choice Investment Management, LLC valued at Termination of purchase agreement; escrow agent refunded $180,000 to the Company (effective 2023-07-30).","evidence_excerpt":"On July 30, 2023, FDCTech, Inc. (“FDC” or the “Company,” OTCQB: FDCT ) gave the notice of termination of the purchase agreement between the Company and Choice Investment Management, LLC (Choice) for acquiring a controlling interest in CIM Securities, LLC (BD).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1722731/000149315223028098/0001493152-23-028098-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Counterparty","value":"Choice Investment Management, LLC"},{"label":"Value","value":"Termination of purchase agreement; escrow agent refunded $180,000 to the Company"},{"label":"Effective","value":"2023-07-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}