M&A
confidence high
sentiment neutral
materiality 0.60
FDCTech to buy Larstal UK and Denmark EMI units for $2.35M; FCA and DFSA change-of-control approvals required
FDCTECH, INC.
- SPAs signed Oct 6, 2026 set a $1,175,000 base price per company — $2.35M total — for Larstal Limited (6,217,752 shares) and Larstal Denmark ApS (4,895,729 shares).
- Pre-completion payments across both SPAs: $235,000 at execution, $235,000 on filing change-of-control applications, then $120,000/month; deposits are non-refundable even if regulators refuse.
- Completion conditioned on FCA approval of change of control under Part XII FSMA; Denmark SPA needs DFSA approval; applications due within 14 days; long-stop 12 months after Oct 6, 2026.
- Subsidiary Alchemy Prime Limited accepted a voluntary requirement on its FCA Part 4A permission; s166 skilled-person review began Oct 24, 2025, with phase 3 still open.
- Sellers will procure transitional services from Tikrel Investment S.A. — free for up to 8 weeks after completion, then $30,000/month; seller liability capped at purchase price received.