secwatch.observer — SEC 8-K summary
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Issuer:     FDCTECH, INC. (FDCT)
CIK:        0001722731
Form:       8-K
Filed at:   2023-10-06T23:59:59+00:00
Accession:  0001493152-23-036402
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FDCTech acquires Alchemy UAE (100%), Alchemy UK (100%), control of Alchemy Malta; pays 1.8M Series B shares
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- Acquires 100% of Alchemy Markets DMCC (UAE), 100% of Alchemy Prime Ltd. (UK), and 49.9% of Alchemy Markets Ltd. (Malta), gaining full control of Malta entity.
- Consideration: 1,800,000 shares of Series B Preferred stock to Alchemy shareholders and employees.
- Alchemy UK and Malta acquisitions subject to FCA (UK) and MFSA (Malta) regulatory approvals.
- Existing FDCTech management and board to remain; transaction began negotiations in September 2022.
- Company plans to seek uplisting to Nasdaq or NYSE following the merger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722731/000149315223036402/0001493152-23-036402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722731/000149315223036402/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-036402

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