---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-007487"
form_type: "8-K"
ticker: "FYNN"
cik: "0001497230"
company_name: "Fyntechnical Innovations Inc"
filed_at: "2024-06-07T23:59:59+00:00"
generated_at: "2026-06-01T05:32:31.555560+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SMC Entertainment acquires ChainTrade's AI platform for $8M note, appoints new CTO

## Summary
- SMC enters agreement to buy 100% of ChainTrade's AI-powered trading platform assets.
- Consideration: $8M promissory note (18-month, 5% interest, convertible at $1/share) plus $500K working capital over 18 months.
- Paul (Prem) Couture, ChainTrade CEO, to become SMC's CTO; ChainTrade may appoint one board member.
- Closing expected within 30 days pending customary due diligence.
- Platform enables trading equities, ETFs, commodities, indices with AI assistant; press release also announces launch of AI research tool.

## SEC filing metadata
- accession: 0001654954-24-007487
- form_type: 8-K
- ticker: FYNN
- cik: 0001497230
- company_name: Fyntechnical Innovations Inc
- filed_at: 2024-06-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1497230/000165495424007487/0001654954-24-007487-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1497230/000165495424007487/smc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-007487
- JSON: https://secwatch.observer/filing/0001654954-24-007487.json
- Plain text: https://secwatch.observer/filing/0001654954-24-007487.txt

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