secwatch.observer — SEC 8-K summary
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Issuer:     FDCTECH, INC. (FDCT)
CIK:        0001722731
Form:       8-K
Filed at:   2025-04-04T23:59:59+00:00
Accession:  0001641172-25-002812
Event type: regulatory
Sentiment:  negative
Materiality: 0.50
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FDCTech dismisses auditor Olayinka Oyebola due to OTC prohibited status, engages Lao Professionals
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- Board approved dismissal of Olayinka Oyebola & Co. on April 3, 2025 because OTC Markets Group designated them a Prohibited Service Provider.
- No disagreements on accounting principles, financial disclosure, or audit scope during Olayinka's tenure (July 2024–April 2025).
- New independent auditor Lao Professionals (PCAOB member) engaged effective April 3, 2025.
- No prior consultations with Lao on any transaction, audit opinion, or reportable event.
- Olayinka agreed with the disclosures in a letter filed as Exhibit 16.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722731/000164117225002812/0001641172-25-002812-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722731/000164117225002812/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-002812

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