other material
confidence high
sentiment neutral
materiality 0.70
FDCTech completes 1:100 reverse split, Series B conversion, and capital stock increases
FDCTECH, INC.
- Reverse split effective July 10, 2026; shares cut from 423,084,729 to 4,230,868, traded under FDCTD for 20 days.
- On July 13, 2026, all 2,371,844 Series B preferred shares converted to 118,592,200 common shares at 50:1 rate.
- Post-conversion, 122,823,068 common shares outstanding; related parties hold substantial majority.
- Authorized common raised to 750M and preferred to 15M via Aug 17, 2026 amendment.
- Series A preferred conversion rights eliminated; voting shares increased to 10M, 50 votes each.