M&A
confidence high
sentiment neutral
materiality 0.60
FDCTech acquires 99.9% of Alchemy International for $2M in related-party deal
FDCTECH, INC.
- Acquired 49,950 of 50,000 shares of Alchemy International Ltd., a Seychelles FSA-licensed securities dealer, for $2,000,000.
- Purchase price payable in cash or FDCTech common stock by January 29, 2026; subject to adjustment based on regulatory own funds capital.
- Transaction is related party because seller Gope Shyamdas Kundnani is a FDCTech board member; approved by disinterested directors.
- Alchemy International becomes key operational subsidiary to serve offshore brokerages and institutional clients seeking regulated access to forex and multi-asset markets.
- FSA approved change of control on October 29, 2025; closing occurred remotely on date selected by Buyer.