Overview
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- TickerFDCT on OTC2
- IndustryServices-Prepackaged Software2
- HeadquartersIrvine, United States2
- Incorporated inDE3
- Business address200 Spectrum Drive, Suite 300, Irvine, Ca 926183
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formCorporation2
- LEI549300F8K316GR6NEF692
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O HARVARD BUSINESS SERVICES, INC., 19958 Lewes, United States2
- Registered withDivision of Corporations, Department of State, 59435142
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Inc. is the parent holding company with the following wholly-owned and majority-owned subsidiaries:5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Investment and Brokerage brought in 67% of the revenue FDCTECH, INC. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Investment and Brokerage | $18.8M | $23.4M |
| Wealth Management | $6.5M | $6.4M |
| Technology Service | $1.6M | $5.1M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue45¢$15.8M
- Other costs38¢$13.3M
- Profit17¢$5.8M
Out of $35.0M in revenue.6
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total revenue | $35.0M | $26.9M |
| Total cost of sales | $15.8M | $14.9M |
| Gross Profit | $19.1M | $12.0M |
| General and administrative | $11.6M | $11.0M |
| Sales and marketing | $1.3M | $1.5M |
| Depreciation | $178.8K | $186.3K |
| Total operating expenses | $13.1M | $12.7M |
| Operating income (loss) | $6.1M | -$635.4K |
| Other interest income (expense) | -$106.1K | -$638.5K |
| Other income (expense) | -$132.5K | $1.5M |
| Total other income (expense) | -$238.6K | $872.0K |
| Income (loss) before provision for income taxes | $5.8M | $236.6K |
| Net income (loss) | $5.8M | $236.6K |
| Less: Net income (loss) attributable to noncontrolling interest | $31.4K | -$11.0K |
| Net income (loss) attributable to FDCTechs shareholders | $5.8M | $247.5K |
| Net income (loss) per common share, basic | $0.01 | $0.00 |
| Net income (loss) per common share, diluted | $0.01 | $0.00 |
| Weighted average number of common shares outstanding basic | 423.1M shares | 390.4M shares |
| Weighted average number of common shares outstanding diluted | 423.1M shares | 390.4M shares |
| Change in foreign currency translation | $369.0K | -$298.0K |
| Total comprehensive income (loss) | $6.2M | -$61.4K |
| Comprehensive income (loss) attributable to noncontrolling interests | $39.8K | $43 |
| Comprehensive income (loss) attributable to FDCTech stockholders | $6.2M | -$61.5K |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 8 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2025-08-31 | 2024-12-31 | 2024-02-29 | 2023-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $11.9M | $13.9M | |||
| Restricted cash client funds (segregated) | $5.8M | $11.5M | |||
| Accounts receivable, net of allowance for doubtful accounts of $22,382 and $22,382, respectively | $188.4K | $25.0K | |||
| Prepaid expenses current | $353.1K | $156.3K | |||
| Related party receivable | $40.1M | $1.7M | |||
| Total Current Assets | $58.3M | $27.2M | |||
| Fixed assets, net | $199.1K | $185.2K | |||
| Capitalized software, net | $1.5M | $1.2M | |||
| Investment through subsidiary | $36.1K | $36.1K | |||
| Accrued income | $279.9K | $2.1M | |||
| Acquired intangible assets | $1.3M | $1.3M | |||
| Prepaid | $244.0K | ||||
| Tax receivable | $190.3K | $167.9K | |||
| Fair value of trading positions for the firm, profit | $1.2M | $607.2K | |||
| Right of use (lease) | $811.0K | $978.3K | |||
| Total assets | $64.1M | $33.8M | |||
| Accounts payable | $166.2K | $229.3K | |||
| Line of credit | $111.4K | $115.3K | |||
| Accrued expenses, related party | $532.3K | $519.5K | |||
| Business acquisition loan | $2.4M | $350.0K | |||
| Cares act- paycheck protection program advance | $5.7K | ||||
| Related party advances | $29.2M | $8.0M | |||
| Client funds payable | $5.8M | $11.5M | |||
| Operating lease liability, current | $165.7K | $181.6K | |||
| Other current liabilities | $2.1M | $5.3M | |||
| Total Current liabilities | $40.5M | $26.2M | |||
| Deferred tax liabilities | $378.0K | $333.4K | |||
| SBA loan non-current | $105.7K | $114.2K | |||
| Operating lease liability, non-current | $364.7K | $530.3K | |||
| Accrued interest non-current | $42.4K | $70.5K | |||
| Total liabilities | $41.4M | $27.3M | |||
| Common stock, par value $0.0001, 750,000,000 shares authorized; 423,084,729 and 391,084,729 shares issued and outstanding, as of December 31, 2025, and December 31, 2024 | $42.3K | $39.1K | |||
| Additional paid-in capital, Common Series A, Series B | $26.9M | $16.9M | |||
| Subscription receivable | -$8.0M | -$8.0M | |||
| Accumulated other comprehensive income | $296.3K | -$72.8K | |||
| Accumulated deficit | $3.4M | -$2.4M | |||
| Total FDCTech, Inc. stockholders equity (deficit) | $22.7M | $6.5M | |||
| Noncontrolling interest | $33.3K | $16.8K | $38.9K | ||
| Total Stockholders Equity | $22.7M | $6.5M | $13.0M | ||
| Total liabilities and stockholders equity (deficit) | $64.1M | $33.8M | |||
| Allowance for doubtful, accounts receivable | $22.4K | $22.4K | |||
| Preferred stock, par value | $0.00 | $0.00 | |||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | 10.0M shares | ||
| Preferred stock, shares issued | 4.5M shares | 4.5M shares | |||
| Preferred stock, shares outstanding | 4.5M shares | 4.5M shares | |||
| Common stock, par value | $0.00 | $0.00 | |||
| Common stock, shares authorized | 750.0M shares | 500.0M shares | 750.0M shares | 500.0M shares | |
| Common stock, shares issued | 423.1M shares | 391.1M shares | |||
| Common stock, shares outstanding | 423.1M shares | 391.1M shares |
| Period ending | 2025-12-31 | 2025-08-31 | 2024-12-31 | 2024-02-29 | 2023-12-31 | 2023-09-30 | 2022-02-28 | 2021-01-31 |
|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $11.9M | $13.9M | ||||||
| Restricted cash client funds (segregated) | $5.8M | $11.5M | ||||||
| Accounts receivable, net of allowance for doubtful accounts of $22,382 and $22,382, respectively | $188.4K | $25.0K | ||||||
| Prepaid expenses current | $353.1K | $156.3K | ||||||
| Related party receivable | $40.1M | $1.7M | ||||||
| Total Current Assets | $58.3M | $27.2M | ||||||
| Fixed assets, net | $199.1K | $185.2K | ||||||
| Capitalized software, net | $1.5M | $1.2M | ||||||
| Investment through subsidiary | $36.1K | $36.1K | ||||||
| Accrued income | $279.9K | $2.1M | ||||||
| Acquired intangible assets | $1.3M | $1.3M | ||||||
| Prepaid | $244.0K | |||||||
| Tax receivable | $190.3K | $167.9K | ||||||
| Fair value of trading positions for the firm, profit | $1.2M | $607.2K | ||||||
| Right of use (lease) | $811.0K | $978.3K | ||||||
| Total assets | $64.1M | $33.8M | ||||||
| Accounts payable | $166.2K | $229.3K | ||||||
| Line of credit | $111.4K | $115.3K | ||||||
| Accrued expenses, related party | $532.3K | $519.5K | ||||||
| Business acquisition loan | $2.4M | $350.0K | ||||||
| Cares act- paycheck protection program advance | $5.7K | |||||||
| Related party advances | $29.2M | $8.0M | ||||||
| Client funds payable | $5.8M | $11.5M | ||||||
| Operating lease liability, current | $165.7K | $181.6K | ||||||
| Other current liabilities | $2.1M | $5.3M | ||||||
| Total Current liabilities | $40.5M | $26.2M | ||||||
| Deferred tax liabilities | $378.0K | $333.4K | ||||||
| SBA loan non-current | $105.7K | $114.2K | ||||||
| Operating lease liability, non-current | $364.7K | $530.3K | ||||||
| Accrued interest non-current | $42.4K | $70.5K | ||||||
| Total liabilities | $41.4M | $27.3M | ||||||
| Common stock, par value $0.0001, 750,000,000 shares authorized; 423,084,729 and 391,084,729 shares issued and outstanding, as of December 31, 2025, and December 31, 2024 | $42.3K | $39.1K | ||||||
| Additional paid-in capital, Common Series A, Series B | $26.9M | $16.9M | ||||||
| Subscription receivable | -$8.0M | -$8.0M | ||||||
| Accumulated other comprehensive income | $296.3K | -$72.8K | ||||||
| Accumulated deficit | $3.4M | -$2.4M | ||||||
| Total FDCTech, Inc. stockholders equity (deficit) | $22.7M | $6.5M | ||||||
| Noncontrolling interest | $33.3K | $16.8K | $38.9K | |||||
| Total Stockholders Equity | $22.7M | $6.5M | $13.0M | |||||
| Total liabilities and stockholders equity (deficit) | $64.1M | $33.8M | ||||||
| Allowance for doubtful, accounts receivable | $22.4K | $22.4K | ||||||
| Preferred stock, par value | $0.00 | $0.00 | $0.00 | |||||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | 10.0M shares | 10.0M shares | ||||
| Preferred stock, shares issued | 4.5M shares | 4.5M shares | ||||||
| Preferred stock, shares outstanding | 4.5M shares | 4.5M shares | 4.0M shares | |||||
| Common stock, par value | $0.00 | $0.00 | $0.00 | |||||
| Common stock, shares authorized | 750.0M shares | 500.0M shares | 750.0M shares | 500.0M shares | 500.0M shares | 250.0M shares | ||
| Common stock, shares issued | 423.1M shares | 391.1M shares | ||||||
| Common stock, shares outstanding | 423.1M shares | 391.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income (loss) | $5.8M | $236.6K |
| Depreciation | $178.8K | $186.3K |
| Common stock issued for services | $35.2K | $54.8K |
| Series B stock issued for services | $14.1K | $792.2K |
| Accounts receivable allowance | $22.4K | |
| Fixed assets, net | -$192.6K | -$208.0K |
| Acquired intangible assets | -$9.0K | -$11.6K |
| Gross accounts receivable | -$163.4K | $981.6K |
| Prepaid | -$440.8K | $246.9K |
| Related party receivable | -$38.4M | -$1.7M |
| Accounts payable | -$63.1K | $49.3K |
| Other current liabilities | -$3.2M | $4.6M |
| Accrued interest | -$28.1K | $37.4K |
| Client funds payable | -$5.7M | -$18.7M |
| Fair value of trading position, net | -$576.7K | $268.1K |
| Operating lease | -$181.6K | $672.2K |
| Deferred taxes | $44.6K | -$513.2K |
| Related party guarantee | $1.4M | |
| Tax receivable | -$22.4K | $9.3K |
| Accrued income | $1.8M | -$1.0M |
| Right of use of assets (lease) | $167.2K | -$938.6K |
| Accrued expenses, related party | $12.8K | -$15.0K |
| Net cash provided by (used in) operating activities | -$40.9M | -$13.6M |
| Capitalized software | -$316.9K | -$75.8K |
| Business acquisition sellers note | $2.0M | |
| Acquisition of Alchemy International Limited | $8.9M | |
| Changes in paid-in capital, common control | $1.1M | $818.5K |
| Net cash provided by (used in) investing activities | $11.7M | $742.7K |
| Borrowing from (payments to) line of credit | -$4.0K | $54.6K |
| Net proceeds from CARES Act - paycheck protection program | -$5.7K | -$15.0K |
| Net proceeds from SBA loan | -$8.5K | -$8.5K |
| Related party advances | $21.2M | $7.2M |
| Common stock issued for cash | $20.0K | |
| Common stock issued for financing cost | $8.9K | |
| Series A for cash and cancelation | -$200 | |
| Changes in NCI | $16.5K | -$22.1K |
| Noncontrolling interest income | -$31.4K | $11.0K |
| Net cash provided by (used in) financing activities | $21.2M | $7.2M |
| Effect of exchange rates | $369.0K | -$298.0K |
| Net increase (decrease) in cash | -$7.7M | -$5.9M |
No quarter-by-quarter statement was filed.
Corporate structure
FDCTECH, INC. sits at the top of its group. 5 entities, 5 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
- FDCTECH, INC. Irvine, California, United States
- AD Advisory Services Pty Ltd. Subsidiary · Australia
- Alchemy International Limited Subsidiary · Seychelles
- Alchemy Markets Ltd. Subsidiary · Malta
- Alchemy Prime Limited Subsidiary · United Kingdom
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC. Each entity in the chart links to its source.
What it owns
What FDCTECH, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $199.1K6 Dec 31, 2025 | $185.2K6 Dec 31, 2024 | +7.5% |
| Operating-lease assets (leased space) | $811.0K6 Dec 31, 2025 | $978.3K6 Dec 31, 2024 | −17.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $17.7M6 Dec 31, 2025 | $25.4M6 Dec 31, 2024 | −30.4% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $1.3M6 Dec 31, 2025 | $1.3M6 Dec 31, 2024 | +0.7% |
| Finite-lived intangibles, net | $1.5M6 Dec 31, 2025 |
Properties, in its own words
Current Operating Leases
Irvine, California, USA (Company’s Headquarters)
The rest of Item 2
Effective October 29, 2019, to the present, the Company leased office space at 200 Spectrum Center Drive, Suite 300, Irvine, CA 92618. As per the Commitment Term of the lease (“Agreement”), this Agreement shall continue on a month-to-month basis (any term after the Commitment Term, also known as “Renewal Term”). The Commitment Term and all subsequent Renewal Terms shall constitute the “Term.” The Company may terminate this Agreement by delivering to the lessor Form (“Exit Form”) at least one (1) whole calendar month before the month in which the Company intends to terminate this Agreement (“Termination Effective Month”). The Company is entitled to use the office and conference space if needed. The new rent payment or membership fee for the Irvine Office is $95 per month, compared to the previous rent payment or membership fee for the New York Office of $890 per month, which covers general and administrative expenses. This agreement is classified as a service contract rather than a lease under ASC 842 - Leases, and payments are accounted for as operating expenses rather than recognizing a Right-of-Use (ROU) asset or lease liability.
Brisbane, Australia (ADS Office)
Effective January 1, 2024, to the present, the Company has leased office space at Level 38, 71 Eagle Street, Brisbane City, QLD 4000, Australia. This lease will continue on a month-to-month basis. ADS may terminate this Agreement by delivering to the lessor at least one (1) whole calendar month before the month in which ADS intends to terminate the lease. ADS is entitled to use the office and conference space if needed. The new rent payment or membership fee for the ADS Office is approximately $125 per month and is included as a general and administrative expense. This agreement is classified as a service contract rather than a lease under ASC 842 - Leases, and payments are accounted for as operating expenses rather than recognizing a Right-of-Use (ROU) asset or lease liability.
Limassol, Cyprus Lease (Company’s Executive Rental)
From February 2019 to July 2023, the Company leased office space in Limassol District, Cyprus, from an unrelated party for a year. The office’s monthly rent payment is $1,750, which is included in the general and administrative expenses. From July 2023 to the present, the Company has leased a larger office space in the Limassol District, Cyprus, from an unrelated party for a one-year term. The office’s monthly rent payment is approximately $3,500, which is included in the general and administrative expenses. From July 2023 to the present, the Company has leased office space for its Chief Executive Officer. The down payment for the lease was approximately $6,300. The lease is for one year and is renewable two months prior to the term’s end in June 2025. This agreement is classified as a residential rental contract rather than a commercial lease and does not create a Right-of-Use (ROU) asset under ASC 842.
Limassol, Cyprus Lease, Europe (ATECH Office)
Effective August 26, 2024, ATECH has entered into a Sublease Agreement for office premises located on the ground floor at 10A-10C Eleftheriou Venizelou Street, Limassol, Cyprus. The sublease is between Aldeon Property Partners Ltd (the “Sublessor”) and Alchemytech Ltd (the “Sublessee”), with FDCTech, Inc. acting as the Guarantor. The leased premises are designated strictly for office use, and any other usage is explicitly prohibited under the terms of the agreement. The lease term is for twenty-four (24) months, commencing on October 1, 2024, and expiring on September 30, 2026. The lease agreement includes an option to extend the tenancy for up to two additional two-year terms. The rent is subject to a 5% increase for each renewal period. Under the agreement, the Sublessee is obligated to pay a total rent of €192,000 over the lease term, payable in monthly installments of €8,000 (or approximately $8,600) plus VAT. Under ASC 842 - Leases, this agreement qualifies as a lease, and the Company will recognize a Right-of-Use (ROU) asset and corresponding lease liability on its financial statements.
St. Julian, Malta (AML Office)
Effective July 11, 2024, to the present, AML leased office space with Regus Malta at Portomaso Business Centre, Portomaso, St. Julian, PTM01, Malta. As per the lease, this agreement shall continue on a month-to-month basis (any term after the term, also known as “Renewal Term”). The term and all subsequent renewal terms shall constitute the “Term.” AML may terminate this agreement by delivering to Regus Malta at least one (1) whole calendar month before the month in which AML intends to terminate this lease. AML is entitled to use the office and conference space if needed. The rent payment or membership fee for the AML Office is €1,659 per month. This agreement is classified as a service contract rather than a lease under ASC 842 - Leases, and payments are accounted for as operating expenses rather than recognizing a Right-of-Use (ROU) asset or lease liability.
Tel Aviv, Israel (AML Sales Office)
Item 2 of the 10-K filed Apr 17, 2026.5
Leadership
Who has led FDCTECH, INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerMitchell M. Eaglstein Dec 9, 2020 to Dec 14, 202315
- PresidentMitchell M. Eaglstein Aug 21, 2023 to Dec 14, 202316
- Chief financial officerImran Firoz Aug 18, 2023 to Aug 18, 202317
Board members and other officers (3)
- Board memberImran Firoz Aug 18, 2023 to Aug 18, 202317
- Board memberJonathan Baumgart Aug 23, 2023 to Sep 28, 202318
- Board memberMitchell M. Eaglstein Dec 9, 2020 to Dec 14, 202315
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- AD Advisory Services Pty Ltd. Australia4
- Alchemy International Limited Seychelles4
- Alchemy Markets Ltd. Malta4
- Alchemy Prime Limited United Kingdom4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Oct 14, 20268-K Entered a material agreement19
- Sep 22, 20268-K Executive or director change20
- Sep 10, 20268-K Other events21
- Aug 26, 20268-K Unregistered sale of shares; Change to shareholders' rights; Bylaws or fiscal year changed22
- Jun 23, 20268-K Earlier financial statements no longer reliable23
- Jun 8, 20268-K Earlier financial statements no longer reliable24
- Apr 29, 20268-K Results of operations; Regulation FD disclosure25
- Nov 24, 20258-K Completed an acquisition or sale; Regulation FD disclosure26
- Nov 10, 20258-K Entered a material agreement; Regulation FD disclosure27
- Sep 19, 20258-K Regulation FD disclosure28
- Sep 15, 20258-K Regulation FD disclosure29
- Aug 11, 20258-K Regulation FD disclosure30
- Dec 9, 2020New chief executive Mitchell M. Eaglstein becomes CEO15
- Jan 21, 2016Founded FDCTECH, INC. is founded2
Calendar
When it reported results
- Apr 29, 2026Reported quarterly or annual results25
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
113 filings to the SEC since October 2021: 13 annual reports, 20 quarterly reports, 43 major events, 6 insider forms, 31 other. The latest 20:
- Oct 14, 20268-K EDGAR
- Oct 1, 2026EFFECT EDGAR
- Sep 24, 2026S-1/A EDGAR
- Sep 22, 20268-K EDGAR
- Sep 15, 2026S-1 EDGAR
- Sep 10, 20268-K EDGAR
- Aug 26, 20268-K EDGAR
- Aug 17, 202610-Q EDGAR
- Aug 17, 2026NT 10-Q EDGAR
- Jul 1, 202610-K/A EDGAR
- Jun 23, 20268-K EDGAR
- Jun 23, 202610-K/A EDGAR
- Jun 8, 20268-K EDGAR
- Jun 8, 202610-Q/A EDGAR
- Jun 8, 202610-K/A EDGAR
- Jun 8, 202610-Q/A EDGAR
- Jun 8, 202610-Q/A EDGAR
- Jun 8, 202610-Q/A EDGAR
- Jun 8, 202610-K/A EDGAR
- May 15, 202610-Q EDGAR
The 113 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 12, 2023 | Eaglstein Mitchell M.President/CEO | Buy | 50,000 | $0.03 | $1.5K | Form 4 |
From Forms 4 filed with the SEC.
SEC filer profile
How FDCTECH, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFDCTECH, INC.1
- CIK0001722731
- Employer ID (EIN)81-12654595
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company5
- Incorporated inDelaware5
- Fiscal year endsDecember 311
- Industry code (SIC)7372 Services-Prepackaged Software1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address200 Spectrum Drive, Suite 300, Irvine, CA 926181
- Phone877-445-60471
- Shares outstanding122,823,068 as of Aug 17, 202613
- Public float$20.3M as of Jun 30, 20255
- AuditorLateef Awojobi, Lagos, Nigeria PCAOB ID 70575
- On EDGAR sinceNov 22, 20171
- Filings168 in all: 8-K (51), 10-Q (25), CORRESP (10), UPLOAD (10), 10-K/A (9), S-1/A (9), 10-K (8), 10-Q/A (5)1
All 26 form types
3 (5), NT 10-K (5), DEFA14C (4), EFFECT (4), DEF 14C (3), PRE 14C (3), S-1 (3), 4 (2), 8-K/A (2), NT 10-Q (2), 424B3 (1), 8-A12G (1), CT ORDER (1), D (1), DEFR14C (1), POS AM (1), PRER14C (1), S-8 (1)
- Latest filingsAnnual report (10-K) Apr 17, 2026
Quarterly report (10-Q) Aug 17, 2026
Latest 8-K (8-K) Oct 14, 2026
Risk factors and legal proceedings
Legal proceedings
This action is pending in the London Circuit Commercial Court under Claim Number LM-2024-000330 as of December 9, 2024. The claimants are Asher Alkoby and other former shareholders of Alchemy Markets Ltd. (“AML”), a Malta-incorporated broker that FDCTech purchased in June 2023. Following completion of the acquisition, the Company discovered that in 2019, the target company had anti-money laundering deficiencies and was fined by the Financial Intelligence Analysis Unit.
An external audit also revealed that the previous shareholders had taken loans from the company that were never repaid, resulting in the net capital of the company being lower than disclosed during negotiations. Based on these findings, FDCTech withheld the final payment to the sellers.
The claimants are seeking approximately $1.02 million in amounts they allege are owing under the Share Sale Agreement, which they are seeking to rectify to make it legally enforceable. The Company has counterclaimed for a declaration that the Share Sale Agreement is ineffective and unenforceable and seeks repayment of $915,000 paid to the sellers. On October 17, 2025, the Court granted the claimants permission to amend their claim to include a third claimant. The Company has prepared an Amended Defense and Counterclaim through Counsel, which was served May 9, 2025. A Costs and Case Management Conference took place on November 17, 2025, at which directions will be given to the trial, which will take place in November 2026.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARFDCTECH, INC. filings on SEC EDGAR
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- 3SEC EDGARFDCTECH, INC. filings on SEC EDGAR
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- 6SEC EDGARFDCTECH, INC. 10-K for fiscal 2025
- 7SEC EDGARFDCTECH, INC. 10-K for fiscal 2019
- 8SEC EDGARFDCTECH, INC. 10-K for fiscal 2020
- 9SEC EDGARFDCTECH, INC. 10-K for fiscal 2021
- 10SEC EDGARFDCTECH, INC. 10-K for fiscal 2022
- 11SEC EDGARFDCTECH, INC. 10-K for fiscal 2023
- 12SEC EDGARFDCTECH, INC. 10-Q for fiscal 2026
- 13SEC EDGARFDCTECH, INC. 10-Q for fiscal 2026
- 14SEC EDGARFDCTECH, INC. 10-K for fiscal 2023
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- 16SEC EDGARMitchell M. Eaglstein, President
- 17SEC EDGARImran Firoz, Chief financial officer
- 18SEC EDGARJonathan Baumgart, Board member
- 19SEC EDGAREntered a material agreement
- 20SEC EDGARExecutive or director change
- 21SEC EDGAROther events
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- 28SEC EDGARRegulation FD disclosure
- 29SEC EDGARRegulation FD disclosure
- 30SEC EDGARRegulation FD disclosure