STOCK TITAN

FDCTech closes Alchemy deal for $2,000,000; control approval secured

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

FDCTech, Inc. (FDCT) completed the acquisition of Alchemy International Ltd. on October 29, 2025, following FSA approval of the change of control. The Company agreed to a $2,000,000 purchase price, subject to adjustment based on regulatory own funds capital at closing.

FDCTech acquired 49,950 of 50,000 issued shares from Sync Capital Limited and director Mr. Gope Shyamdas Kundnani, effectively assuming full operating control. The purchase price is payable in cash or Company stock and is due by January 29, 2026.

The deal is a related party transaction under Regulation S-K Item 404(a) and was reviewed and approved by disinterested board members. FDCTech states Alchemy will operate as a key subsidiary to serve offshore brokerages, high-frequency traders, and institutional clients seeking regulated access to FX and multi-asset markets.

Positive

  • None.

Negative

  • None.

Insights

Small cross-border acquisition; related party oversight noted.

FDCTech closed a purchase of Alchemy International Ltd. with a stated consideration of $2,000,000, adjustable to regulatory own funds at closing. The company acquired 49,950 of 50,000 shares, indicating effective control, with payment permitted in cash or Company stock and due by January 29, 2026.

The filing identifies this as a related party transaction due to director involvement and notes approval by disinterested board members. The FSA change-of-control approval on October 29, 2025 confirms regulatory clearance for ownership transfer.

Management positions Alchemy as an operational subsidiary serving offshore brokerages and institutional clients in FX and multi-asset markets. Actual financial impact will depend on integration and client activity; the excerpt does not provide revenue or earnings contributions.

false 0001722731 0001722731 2025-10-29 2025-10-29 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report: October 29, 2025

(Date of earliest event reported)

 

 

 

FDCTECH, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   000-56338   81-1265459

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

200 Spectrum Center Drive, Suite 300

Irvine, CA 92618

 

(Address of principal executive offices, including zip code)

 

(877) 445-6047

 

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act: None

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
N/A   N/A   N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

SHARE PURCHASE AGREEMENT

 

On October 29, 2025, FDCTech, Inc., a Delaware corporation “(“FDCT” or the ““Company”), completed the acquisition of Alchemy International Ltd., a Seychelles-licensed securities dealer regulated under license number SD136 by the Financial Services Authority (FSA) (the “Transaction”), pursuant to a Share Purchase Agreement, dated October 29, 2025 (the “Share Purchase Agreement”). 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.

 

Pursuant to the Share Purchase Agreement, the Company acquired 49,950 of 50,000 issued shares from Sync Capital Limited and Mr. Gope Shyamdas Kundnani, shareholders of Alchemy International Ltd. effectively assuming full operating control of Alchemy International Ltd. Mr. Kundnani is the sole beneficial owner of Alchemy International Ltd., holding his interest directly and indirectly through Sync Capital Limited. The consideration for the transaction is $2,000,000 (the “Purchase Price”), subject to adjustment based on regulatory own funds capital at closing. The Purchase Price, payable in cash or in the form of the Company’s capital stock, is due by January 29, 2026.

 

As Mr. Gope Shyamdas Kundnani is a member of the Company’s board of directors, the transaction is considered a related party transaction for the purposes of Item 404(a) of Regulation S-K. The transaction was reviewed, voted upon and approved by the disinterested board members prior to execution of the Share Purchase Agreement.

 

The foregoing description of the Share Purchase Agreement is not complete and is qualified in its entirety by reference to the full text of the Share Purchase Agreement, a copy of which is furnished as Exhibits 99.1 to this Current Report on Form 8-K and are incorporated by reference.

 

Item 7.01 Regulation FD Disclosure.

 

The disclosure under Item 1.01 in this report on Form 8-K is incorporated by reference herein.

 

On November 6, 2025, The Company issued a press release announcing the execution of the Share Purchase Agreement. A copy of the press release is furnished as Exhibits 99.2 to this Current Report on Form 8-K and are incorporated by reference.

 

Information in this report on form 8-K shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise incorporated by reference into any filing pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.

 

 

 

 

ITEM 9.01 Financial Statements and Exhibits

 

(d) Exhibits.

 

  Exhibit Number   Description
       
  99.1   Share Purchase Agreement date as of October 29, 2025.
  99.2   Press release dated as of November 6, 2025.
  104   Cover Page Interactive Data File (embedded within the Inline XBRL document

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    FDCTECH, INC.
       
November 10, 2025   By: /s/ Imran Firoz
Date     Imran Firoz
      Chief Finance Officer
      (Principal Executive Officer)

 

 

FAQ

What did FDCT (FDCTech) announce in its 8-K?

FDCTech completed the acquisition of Alchemy International Ltd. after FSA approval of the change of control on October 29, 2025.

What is the purchase price for Alchemy International?

The consideration is $2,000,000, subject to adjustment based on regulatory own funds capital at closing.

How many Alchemy shares did FDCTech acquire?

FDCTech acquired 49,950 of 50,000 issued shares, effectively assuming full operating control.

When and how will FDCTech pay for the acquisition?

Payment is due by January 29, 2026, payable in cash or Company stock.

Was this a related party transaction for FDCT (FDCTech)?

Yes. Mr. Gope Shyamdas Kundnani, a director, was a seller. Disinterested board members reviewed and approved the transaction.

What regulatory approval was received for the acquisition?

The Seychelles FSA approved the change of control for Alchemy International (license number SD136) on October 29, 2025.

How does FDCTech plan to use Alchemy post-acquisition?

FDCTech states Alchemy will be a key subsidiary serving offshore brokerages, high-frequency traders, and institutional clients in FX and multi-asset markets.
Fdctech Inc

OTC:FDCT

FDCT Rankings

FDCT Latest News

FDCT Latest SEC Filings

FDCT Stock Data

30.43M
149.44M
66.74%
Capital Markets
Financial Services
Link
United States
Irvine