M&A - FDCTECH, INC.

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Form Type: 8-K

Filing Date: 2025-01-27

Corporate Action: Acquisition

Type: New

Accession Number: 000149315225003738

Filing Summary: FDCTech, Inc. announced on January 27, 2025, that it has signed a Letter of Intent (LOI) to acquire Alchemy Global Ltd., a Seychelles-registered securities dealer. The acquisition involves purchasing 100% of Alchemy Global’s shares for a total of $2,050,000, which includes $50,000 in Own Funds Capital and a premium of $2,000,000. The transaction is framed within FDC's strategy of acquiring and integrating small to mid-size legacy financial services firms. A press release detailing the LOI was also issued on January 23, 2025, and is included as an exhibit in this report.

Document Link: View Document

Additional details:

Letter Of Intent Date: 2025-01-21


Acquisition Target: Alchemy Global Ltd.


Purchase Price: $2,050,000


Own Funds Capital: $50,000


Premium: $2,000,000


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