FDCTech sets $2.10 resale price for 2.5M shares
After specified exchange or market quotations, selling shareholders may use prevailing-market or privately negotiated prices.
Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
S-1/A
Rhea-AI Filing Summary
FDCTech, Inc. is registering for resale up to 2,500,000 shares of common stock issued to two consultants as compensation: 1,500,000 shares on August 27, 2026, and 1,000,000 shares on August 28, 2026. Selling shareholders will offer the shares at a fixed $2.10 per share until the stock is listed or quoted on specified markets; afterward, prevailing-market-related or privately negotiated prices may apply. FDCTech will receive no proceeds from these sales.
A 1-for-100 reverse stock split took effect on July 10, 2026, and share data is presented retrospectively on a split-adjusted basis. For the six months ended June 30, 2026, <a href="https://bitcomme.com/revenue-hits-95-7b-on-massive-e-commerce-surge/” title=”Revenue hits $95.7B on massive e-commerce surge”>revenue was $32,687,028, compared with $11,396,739 in the restated 2025 period; net income attributable to FDCTech shareholders was $14,578,197, versus a net loss of $145,111.
FDCTech said certain previously issued annual and interim financial statements should no longer be relied upon and reported restated results. The restatements addressed client-fund presentation, subscription-receivable classification and other errors; management also identified material weaknesses in internal control over financial reporting.
Positive
- Six-month revenue reached $32,687,028, versus $11,396,739 in the 2025 period.
Negative
- 2026 restatements included disclosure of material weaknesses in financial reporting controls.
