---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-014018"
form_type: "8-K"
ticker: "FYNN"
cik: "0001497230"
company_name: "Fyntechnical Innovations Inc"
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T02:46:48.538974+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SMC Entertainment to acquire Australian investment manager Bateau Asset Management

## Summary
- Consideration: 14M Series C preferred shares plus $2M in convertible notes (5% interest, convertible at $1/share).
- Bateau is a boutique investment manager founded 2016, based in Australia and Singapore, offering absolute-return strategies.
- Closing subject to customary due diligence expected within 10 days of November 2, 2024.
- Acquisition provides SMC entry into Australian and Southeast Asian financial services markets.
- No financial details of Bateau (e.g., AUM, revenue) disclosed in the filing.

## SEC filing metadata
- accession: 0001654954-24-014018
- form_type: 8-K
- ticker: FYNN
- cik: 0001497230
- company_name: Fyntechnical Innovations Inc
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1497230/000165495424014018/0001654954-24-014018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1497230/000165495424014018/smc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-014018
- JSON: https://secwatch.observer/filing/0001654954-24-014018.json
- Plain text: https://secwatch.observer/filing/0001654954-24-014018.txt

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