Thursday, November 06, 2025 4:06:57 PM
Strategic Expansion Bolsters Company's Global Regulatory Footprint and Institutional Brokerage Capabilities Irvine, CA, Nov. 06, 2025 (GLOBE NEWSWIRE) --
FDCTech, Inc. ("FDC" or the "Company," PINK: FDCT), a fintech-infrastructure provider, today announced it has finalized the acquisition of Alchemy International Ltd., a Seychelles-licensed securities dealer regulated under license number SD136 by the Financial Services Authority (FSA). The change of control was approved on October 29, 2025, by the FSA. Alchemy International becomes a key operational subsidiary within the Company's expanding global architecture, enabling the Company to serve a broader base of offshore brokerages, high-frequency traders, and institutional clients seeking regulated access to foreign exchange and multi-asset markets. Transaction Overview Under the executed Share Purchase Agreement dated October 29, 2025, the Company acquired 49,950 of 50,000 issued shares from Sync Capital Limited and Mr. Gope Shyamdas Kundnani, effectively assuming full operating control of Alchemy International Ltd. The transaction terms include: -- Total Consideration: Up to $2,000,000, subject to adjustment based on regulatory Own Funds Capital, as required by the Seychelles Financial Services Authority, at closing. -- Payment Terms: Payable by January 29, 2026, in cash or Company stock, at the Company's discretion -- Change of Control Date: Approved by Seychelles FSA on October 29, 2025 -- Compliance: Structured as a related-party transaction in accordance with ASC 850 and Regulation S-K Item 404, and reviewed by Company's disinterested Board members Financial Strength of Alchemy International Ltd.
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