---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-005749"
form_type: "8-K"
ticker: "FYNN"
cik: "0001497230"
company_name: "Fyntechnical Innovations Inc"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T09:44:17.166617+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SMC Entertainment signs LOI to acquire AI trading platform ChainTrade LTD

## Summary
- SMC (OTC: SMCE) signed LOI to acquire ChainTrade LTD, an AI-powered asset trading platform.
- ChainTrade allows trading equities, ETFs, commodities, and indices with AI assistant.
- Platform developed by joint venture between Plato Data Intelligence and Redmatter.Capital; ready for commercial launch.
- Post-acquisition, SMC plans to rebrand AI component as FYNN AI for next-gen trading research.
- CEO Erik Blum says acquisition shifts SMC from conception to application of SaaS vision.

## SEC filing metadata
- accession: 0001654954-24-005749
- form_type: 8-K
- ticker: FYNN
- cik: 0001497230
- company_name: Fyntechnical Innovations Inc
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1497230/000165495424005749/0001654954-24-005749-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1497230/000165495424005749/smc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-005749
- JSON: https://secwatch.observer/filing/0001654954-24-005749.json
- Plain text: https://secwatch.observer/filing/0001654954-24-005749.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.