FDCTech Strengthens Growth Trajectory and Uplisting Readiness with Shareholder-Approved Actions
Globenewswire·2025-09-11 14:15

Core Insights - FDCTech, Inc. has received shareholder approval for corporate actions aimed at enhancing acquisition flexibility and long-term shareholder value [1][3] - The approved actions include increasing authorized common stock from 500 million to 750 million and preferred stock from 10 million to 15 million, along with the potential for a reverse stock split [2][3] Corporate Actions - The increase in authorized common stock and preferred stock is intended to provide the company with strategic flexibility for future acquisitions and business initiatives [2][3] - The reverse stock split, which can range from 1-for-10 to 1-for-100, is authorized to be implemented before June 30, 2026, allowing the company to position itself for potential uplisting to Nasdaq or NYSE [2][8] Growth Strategy - FDCTech is focused on acquiring and scaling small to mid-size legacy financial services companies, leveraging proprietary trading technology and liquidity solutions [6] - Recent acquisitions and business development initiatives are aimed at expanding the company's fintech and brokerage presence in Europe and Asia [4][5] Market Positioning - The company aims to access broader pools of institutional investors, which will increase liquidity and visibility in the market [8] - Alchemy Markets Ltd. is highlighted as a key part of the company's international expansion, providing regulated trading solutions [5]