Company Description
SMC Entertainment, Inc. (trading under the symbol SMCE on the OTC market) is described in its public communications as a versatile holding company and Fintech incubator. The company focuses on the acquisition and support of proven, commercialized financial services and financial technology (Fintech) businesses. Its stated approach is a multi-discipline, growth-by-acquisition model intended to enhance revenues and shareholder equity by bringing together complementary financial services and technology platforms.
According to multiple company press releases, SMC has announced a corporate rebranding and intends to change its name from SMC Entertainment, Inc. to Fyntechnical Innovations Inc. and its stock trading symbol from SMCE to FYNN. The Financial Industry Regulatory Authority (FINRA) approved a corporate action under which the name and symbol will transition, with a temporary symbol of SMCED for a limited period before trading under FYNN. The company has indicated that this rebranding is meant to clarify its identity as a Fintech-focused holding company and to align with its FYNN AI technology platform.
Business focus and operating model
In its public disclosures, SMC describes itself as a Fintech incubator that seeks to acquire and support commercialized financial services and technology companies. The company emphasizes a growth strategy based on acquiring businesses and integrating them into its broader technology and services ecosystem. This includes consolidating current and legacy technologies under a single platform known as FYNN AI, which is presented as the central technology environment for its various Fintech initiatives.
SMC’s communications state that FYNN AI incorporates technologies and platforms associated with Fyniti, Chaintrade AI, AI Advisor and a partnership with Plato Technologies Inc. The company has described efforts to consolidate these technologies to streamline product offerings, reduce redundancies and support faster deployment of future features in the AI and Fintech market space.
Subsidiaries and holdings
SMC reports that it operates through at least two wholly owned subsidiaries:
- Bateau Asset Management Pty Ltd. – Described as a boutique investment manager founded in 2016 and based in Australia with offices in Singapore. Company materials state that Bateau follows an absolute-return investment philosophy and a multi-manager approach to investing, and that it offers investment research and education with the objective of providing clients with rigorously constructed absolute return portfolios.
- Fyniti Global Equities EBT Inc. – Described as a Fintech platform developer founded by veteran Wall Street technologists and investment bankers who previously worked at large global financial institutions. According to SMC’s disclosures, Fyniti focuses on developing technologies in the wealth management and capital markets domains. It is said to own the IQ Engine and EBT Technology, which are presented as providing AI-driven quantitative investing and AI-based basket trading platforms.
In addition, SMC has announced a Letter of Intent to acquire Flax Tech Ltd., described as a United Kingdom-based crypto-related technology provider. The company has also highlighted a joint venture agreement with Circle Energy Sweden AB to form Carbon Capital Solutions AB in Sweden, where SMC would contribute its FYNN AI platform as an in-kind contribution. These items are presented in company news as part of SMC’s expansion into additional Fintech and blockchain-related applications.
Technology and FYNN AI platform
SMC’s public statements describe FYNN AI as a consolidated technology platform that brings together various AI and trading-related technologies. The company has indicated that FYNN AI provides research coverage on multiple asset classes, including US, Canadian and Indian equities, foreign exchange and a large number of cryptocurrencies. SMC has also referenced a business model in which research access is offered at no cost, with revenue expected to be generated from use of the FYNN AI trading platform and from licensing the platform on a white-label basis to other companies.
SMC has also announced a technology deployment agreement with Plato Technologies Inc. for the deployment of a cross-platform Web3 browser designed for decentralized applications (dApps) with a focus on the Solana ecosystem. The company describes this browser as being integrated into the FYNN AI platform, with components such as a React-based client, Node.js middleware and Rust modules for Solana blockchain interactions. The system is described as including an embedded wallet, dApp discovery interface and security features such as local key storage and encryption.
Blockchain and carbon credit initiatives
Through its relationship with Circle Energy Sweden AB, SMC has announced plans for the buildout of a blockchain-based carbon credit platform using its FYNN AI technology. Company statements describe the goal of using blockchain and AI to identify buyers and sellers of carbon credits and to support a transparent platform for carbon credit trading. The joint venture entity, Carbon Capital Solutions AB, is to be based in Stockholm, Sweden, with ownership split between SMC and Circle Energy.
Corporate evolution and rebranding
SMC’s communications indicate a transition from its historical identity as SMC Entertainment, Inc. toward a Fintech-focused identity under the name Fyntechnical Innovations Inc. The company has linked this rebranding to its FYNN AI platform and to its strategy of acquiring and supporting Fintech and financial services businesses. The use of the FYNN-related branding, including references to FYNN AI and Fyntechnical, is presented as central to its current and planned operations.
SMCE stock and market context
The symbol SMCE refers to SMC Entertainment, Inc. as it has been identified in the company’s news releases. The company has stated that it trades on the OTC PINK market and that, following FINRA-approved corporate actions, it expects to transition its trading symbol to FYNN after a temporary period under SMCED. Investors reviewing SMCE are therefore looking at a company that publicly describes itself as a Fintech-oriented holding and incubation platform with a focus on AI-enabled research, trading technologies and financial services acquisitions.
FAQs about SMC Entertainment, Inc. (SMCE)
The following questions and answers summarize key points drawn from the company’s own public statements.
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SEC Filings
No SEC filings available for Smc Entertainmnt.
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Short Interest History
Short interest in Smc Entertainmnt (SMCE) currently stands at 346.1 thousand shares, down 36.4% from the previous reporting period, representing 0.1% of the float. Over the past 12 months, short interest has increased by 961%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Smc Entertainmnt (SMCE) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.