FDCTech signs binding LOI to acquire Alchemy Group for 1.7M Series B shares

FDCTECH, INC.

FDCTech acquiring 100% of Alchemy Markets DMCC, Alchemy Prime Ltd., and remaining 49.90% of Alchemy Markets Ltd.
Consideration of 1,700,000 Series B Preferred shares; number may adjust by mutual agreement.
Alchemy Group had audited FY2022 revenues of >$22M, net income >$12M, and net financial assets >$20M.
Transaction expected to close within 30 days; existing management and board to remain.
Adds regulated entities in UAE, UK, Malta, and targets European, Asian, Australian markets.

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