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FDCTech Engages E.F. Hutton to Lead Capital Raise and Advise on Uplisting to a Senior Exchange
Globenewswireยท2025-05-28 12:30

Core Insights - E.F. Hutton has advised on over $750 million in private credit deals, showcasing its expertise in strategic financing and diversified investment solutions [1][2] - FDCTech has engaged E.F. Hutton as its financial advisor to assist in identifying financing opportunities and potential strategic transactions [1][3] Company Overview - FDCTech, Inc. specializes in acquiring and scaling small to mid-size legacy financial services companies, leveraging proprietary technology infrastructure [8] - The company has been experiencing rapid growth in revenue and balance sheet since December 2021, reflecting the success of its expansion strategy [3] Strategic Initiatives - The engagement with E.F. Hutton is a crucial step in FDCTech's plan to pursue an uplisting to a senior national securities exchange, such as Nasdaq or NYSE [3] - By leveraging E.F. Hutton's global network and industry relationships, FDCTech aims to accelerate its growth trajectory and maximize long-term shareholder value [4] Legal and Advisory Support - FDCTech has also engaged Lucosky Brookman LLP to assist in exploring the uplisting process, indicating a comprehensive approach to its capital market strategies [3][7] - E.F. Hutton's expertise in complex financial transactions will support FDCTech's growth and capital raise initiatives across various sectors [2]