# EDGAR Filing Document

**Accession Number:** 0001722731
**File Stem:** 0001493152-25-021570
**Filing Date:** 2025-11
**Character Count:** 69676
**Document Hash:** 0e0cb472d7621f9119cf72a23abf154e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-25-021570.hdr.sgml**: 20251110

**ACCESSION NUMBER**: 0001493152-25-021570

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20251029

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251110

**DATE AS OF CHANGE**: 20251110

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FDCTECH, INC.
- **CENTRAL INDEX KEY:** 0001722731
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 811265459
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-56338
- **FILM NUMBER:** 251467512

**BUSINESS ADDRESS:**
- **STREET 1:** 200 SPECTRUM DRIVE
- **STREET 2:** SUITE 300
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
- **BUSINESS PHONE:** 877-445-6047

**MAIL ADDRESS:**
- **STREET 1:** 200 SPECTRUM DRIVE
- **STREET 2:** SUITE 300
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FDC TECH, INC.
- **DATE OF NAME CHANGE:** 20180508

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Forex Development Corp.
- **DATE OF NAME CHANGE:** 20171114

?xml version='1.0' encoding='ASCII'?

**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** <br> **of incorporation)** | **(Commission** <br> **File Number)** | **(I.R.S. Employer** <br> **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.

---

| | |
|:---|:---|
| **<u>ITEM 9.01</u>** | **<u>F</u>** **<u>inancial Statements and Exhibits</u>** |

---

(d) Exhibits.

---

| | |
|:---|:---|
| Exhibit Number | Description |
| 99.1 | [Share Purchase Agreement date as of October 29, 2025.](ex99-1.htm) |
| 99.2 | [Press release dated as of November 6, 2025.](ex99-2.htm) |
| 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. | FDCTECH, INC. |
| November 10, 2025 | By: | */s/ Imran Firoz* |
| Date |  | Imran Firoz |
|  |  | Chief Finance Officer |
|  |  | (Principal Executive Officer) |

---

## Exhibit 99.1

**Exhibit 99.1**

**SHARE PURCHASE AGREEMENT**

This Share Purchase Agreement (this **"Agreement"**) is entered into as of the 29 day of October, 2025 (the **"Effective Date"**) by and between:

**SYNC CAPITAL LIMITED**, a company incorporated in the UK, with registered company number 10519029, with its principal offices at Unit 1 74 Back Church Lane, London, England, E1 1LX ("**SYNC**"); and Mr. Gope Shyamdas Kundnani, a holder of an Indian passport number, and whose registered address is ("**Mr. Kundnani**") (SYNC and Mr. Kundnani collectively hereinafter the **"Seller"**);

and

**FDCTech Inc.**, a company incorporated in the USA, with registered company number 81-1265459, with its principal offices at 200 Spectrum Drive, Suite 300, Irvine, 92618, California, USA (the **"Buyer"**).

The Seller and the Buyer are collectively referred to as the **"Parties"** and individually as a **"Party". RECITALS**

WHEREAS, SYNC is the shareholder and owner of 35,000 ordinary shares, USD 1 par value and (ii) Mr. Kundnani is the shareholder and owner 15,000 ordinary shares USD 1 par value from the issued and outstanding share capital of ALCHEMY INTERNATIONAL LTD (previously known as ALCHEMY GLOBAL LTD), a company incorporated in Seychelles with registration number 8429852-1, duly authorized by the Financial Services Authority under license number SD136 to provide securities dealer services (the **"Company"**);

WHEREAS, SYNC is willing to sell the Buyer 35,000 ordinary shares, and Mr. Gope Shyamdas Kundnani is willing to sell the Buyer 14,950 ordinary shares (together, 49,950 out of 50,000 issued and outstanding ordinary shares, USD 1 par value) (the "**Shares**"), and the Buyer is willing to purchase the Shares from the Seller on the terms of this Agreement; provided, that the Parties acknowledge 50 ordinary shares remain issued and outstanding and agree to the covenant set forth in Section 2.6 regarding the residual shares.

WHEREAS, the Buyer, by itself or via any of its subsidiaries, wishes to purchase the Shares from the Seller, and the Seller wishes to sell the Shares to the Buyer, upon the terms and subject to the conditions set forth in this Agreement;

WHEREAS, the Parties have previously entered into a non-binding Letter of Intent dated January 21, 2025, which outlined the principal terms and conditions of the proposed transaction (the **"Transaction"**);

NOW, THEREFORE, in consideration of the mutual covenants, representations, warranties, and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

**ARTICLE I - PURCHASE AND SALE OF SHARES**

**1.1 Sale and Purchase of Shares**

Subject to the terms and conditions of this Agreement, at the Closing (as defined below), the Seller shall sell, transfer, assign, convey, and deliver to the Buyer, and the Buyer shall purchase and acquire from the Seller, all of the Seller's right, title, and interest in and to the Shares, free and clear of all liens, pledges, charges, encumbrances, security interests, options, claims, and restrictions of any kind whatsoever.

**1.2 Purchase Price**

The aggregate purchase price for the Shares (the **"Purchase Price"**) shall be calculated as follows:

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 Own Funds Capital of the Company as of the Closing Date (the "**Own Funds Capital** ");
 plus

2. Two
 Million United States Dollars (US$2,000,000) minus the Own Funds Capital, which amount shall
 constitute the premium for the acquisition of the Shares (the "**Premium** ").

For purposes of this Agreement, **"Own Funds Capital"** means the regulatory capital maintained by the Company as required by the Financial Services Authority under license number SD136, calculated in accordance with applicable Seychelles securities dealer regulations and the Company's audited financial statements.

**1.3 Payment of Purchase Price**

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 Buyer shall pay the Purchase Price in cash to the Seller no later than January 29, 2026 (three
 (3) months following the Change of Control Date).

2. Notwithstanding
 the foregoing, the Buyer shall have the sole and absolute right, in its discretion, to substitute
 all or any portion of the cash payment of the Purchase Price with shares of common stock
 of the Buyer (the "**Buyer Shares** "), provided that the value of such Buyer
 Shares shall be equivalent to the cash amount being substituted, calculated based on the
 volume-weighted average trading price of the Buyer Shares for the thirty (30) trading days
 immediately preceding the date of such substitution.

3. Any
 payment made in Buyer Shares shall be made through the issuance of duly authorized, validly
 issued, fully paid, and non-assessable shares of the Buyer, free and clear of all liens and
 encumbrances.

**1.4 Adjustment to Purchase Price**

The Purchase Price shall be subject to adjustment based on the final determination of the Own Funds Capital as of the Closing Date. Within thirty (30) days following the Closing Date, the Seller shall prepare and deliver to the Buyer a statement setting forth the calculation of the Own Funds Capital as of the Closing Date, together with reasonable supporting documentation. The Buyer shall have thirty (30) days to review and either accept or dispute such calculation. Any disputes shall be resolved in accordance with Section 11.10 and 11.11 of this Agreement.

**ARTICLE II – CLOSING**

**2.1 Closing Date**

The closing of the Transaction (the "**Closing**") shall occur remotely via exchange of signatures on a date selected by the Buyer on not less than three (3) business days' written notice to the Seller, which date shall be no later than ten (10) business days after October 29, 2025 (the date the Financial Services Authority approved the change of control) (the "**Closing Date**"). The Closing shall be deemed effective as of 11:59 p.m. Seychelles time on the **Closing Date**.

**2.2 Change of Control**

For purposes of this Agreement, "**Change of Control Date**" means October 29, 2025, the date on which the Financial Services Authority approved the transfer of the Shares to the Buyer and the change of control of the Company, as evidenced by FSA Ref. FSA/CM&CISSS/AIL-SD136/2025-005.

**2.3 Deliveries by the Seller**

At the Closing, the Seller shall deliver or cause to be delivered to the Buyer the following:

&nbsp;&nbsp;&nbsp;&nbsp;1. Duly
 executed share transfer instruments in favor of the Buyer, in form and substance satisfactory
 to the Buyer, transferring all of the Shares to the Buyer;

2. Original
 share certificates representing the Shares, free and clear of all liens and encumbrances;

3. The
 original or certified copies of the Company's organizational documents, including the
 memorandum and articles of association, register of members, register of directors, minute
 books, and corporate seal;

4. Written
 resignations, effective as of the Closing Date, of such directors and officers of the Company
 as the Buyer may request, together with releases in favor of the Company in form and substance
 satisfactory to the Buyer;

5. A
 certificate executed by an authorized officer of the Seller certifying that the conditions
 set forth in Section 7.1 have been satisfied;

&nbsp;&nbsp;&nbsp;&nbsp;6. Evidence
 satisfactory to the Buyer that all necessary corporate approvals for the Transaction have
 been obtained by the Seller;

7. A
 certificate of good standing (or equivalent) for the Company issued by the relevant Seychelles
 authority, dated no more than ten (10) days prior to the Closing Date;

8. Evidence
 that the Financial Services Authority license number SD136 remains valid and in good standing;

9. All
 other documents, instruments, and certificates required to be delivered by the Seller pursuant
 to this Agreement.

**2.4 Deliveries by the Buyer**

At the Closing, the Buyer shall deliver or cause to be delivered to the Seller the following:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 certificate executed by an authorized officer of the Buyer certifying that the conditions
 set forth in Section 7.2 have been satisfied;

2. Evidence
 satisfactory to the Seller that all necessary corporate approvals for the Transaction have
 been obtained by the Buyer;

3. All
 other documents, instruments, and certificates required to be delivered by the Buyer pursuant
 to this Agreement.

**2.5 Post-Approval Deliverables.** Following the Change of Control Date, the Parties shall ensure that:

(a) certified true copies of the board/shareholder resolutions and instruments of transfer are stamped by the Seychelles Registrar of Companies within seven (7) days of receipt;

(b) documentary proof of such submission is provided to the FSA by November 12, 2025; and

(c) an updated register of members is submitted to the FSA upon submission of stamped documents. The Seller shall cooperate and provide all signatures and corporate records reasonably requested to complete these deliverables on time.

**2.6 Residual Shares.** The Seller shall, at or prior to Closing, (i) procure the transfer to the Buyer (or its designee) of the remaining 50 issued and outstanding ordinary shares of the Company not otherwise included in the Shares, free and clear of all liens, or (ii) disclose in writing the registered holder(s) and cause a binding undertaking for transfer of such shares to the Buyer on substantially the same terms within thirty (30) days post-Closing. Failure to satisfy (i) or (ii) shall constitute a Seller breach.

**ARTICLE III - REPRESENTATIONS AND WARRANTIES OF THE SELLER**

The Seller represents and warrants to the Buyer that the statements contained in this Article III are true, correct, and complete as of the date of this Agreement and as of the Closing Date.

**3.1 Organization and Authority of the Seller**

The Seller is a company duly incorporated, validly existing, and in good standing under the laws of the United Kingdom. The Seller has all requisite corporate power and authority to enter into this Agreement, to perform its obligations hereunder, and to consummate the Transaction. The execution, delivery, and performance of this Agreement by the Seller have been duly authorized by all necessary corporate action on the part of the Seller.

**3.2 Binding Obligation**

This Agreement has been duly executed and delivered by the Seller and constitutes a legal, valid, and binding obligation of the Seller, enforceable against the Seller in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors' rights generally and by general principles of equity.

**3.3 No Conflicts**

The execution, delivery, and performance of this Agreement by the Seller, and the consummation of the Transaction, do not and will not: (a) violate any provision of the organizational documents of the Seller; (b) violate any law, statute, rule, regulation, judgment, order, or decree applicable to the Seller or the Shares; (c) conflict with, result in a breach of, constitute a default under, or accelerate or permit the acceleration of any performance required by, any contract, agreement, or instrument to which the Seller is a party or by which the Seller or the Shares are bound; or (d) require any consent, approval, authorization, permit, or filing with or notification to any governmental authority or third party, except for such consents, approvals, authorizations, permits, filings, or notifications that have been obtained or made.

**3.4 Title to Shares**

The Seller is the sole legal and beneficial owner of the Shares and has good and valid title to the Shares, free and clear of all liens, pledges, charges, encumbrances, security interests, options, claims, restrictions, and adverse claims of any kind whatsoever. Upon delivery of the share certificates and execution of the share transfer instruments at the Closing, the Buyer will acquire good and valid title to the Shares, free and clear of all liens, pledges, charges, encumbrances, security interests, options, claims, restrictions, and adverse claims of any kind whatsoever.

**3.5 Capitalization of the Company**

The authorized share capital of the Company consists of 50,000 ordinary shares, all of which are issued and outstanding. The Shares constitute 49,950 ordinary shares to be transferred under this Agreement. Other than the residual 50 ordinary shares referenced in Section 2.6, there are no outstanding options, warrants, convertible securities, or other rights, agreements, or commitments relating to the issuance, sale, or transfer of any equity securities of the Company.

**3.6 Organization and Authority of the Company**

The Company is a company duly incorporated, validly existing, and in good standing under the laws of Seychelles. The Company has all requisite corporate power and authority to own, lease, and operate its properties and to carry on its business as now being conducted. The Company is duly licensed by the Financial Services Authority under license number SD136 to provide securities dealer services, and such license is valid, in full force and effect, and in good standing.

**3.7 Subsidiaries**

The Company does not own or control, directly or indirectly, any interest in any other corporation, partnership, trust, joint venture, limited liability company, association, or other business entity.

**3.8 Financial Statements**

The Seller has delivered to the Buyer true, correct, and complete copies of: (a) the audited balance sheet of the Company as of December 31, 2024, and the related audited statements of income, changes in shareholders' equity, and cash flows for the fiscal year then ended; and (b) the unaudited balance sheet of the Company as of September 30, 2025, and the related unaudited statements of income for the nine-month period then ended (collectively, the **"Financial Statements"**). The Financial Statements have been prepared in accordance with International Financial Reporting Standards applied on a consistent basis throughout the periods indicated, present fairly in all material respects the financial condition and results of operations of the Company as of the dates and for the periods indicated, and are consistent with the books and records of the Company.

**3.9 Absence of Undisclosed Liabilities**

The Company has no liabilities or obligations of any nature, whether accrued, absolute, contingent, or otherwise, except: (a) liabilities reflected or reserved against in the Financial Statements; (b) liabilities incurred in the ordinary course of business since the date of the most recent balance sheet included in the Financial Statements; and (c) liabilities that would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on the business, assets, financial condition, or results of operations of the Company.

**3.10 Absence of Changes**

Since December 31, 2024, the Company has conducted its business only in the ordinary course consistent with past practice, and there has not been any material adverse change in the business, assets, financial condition, results of operations, or prospects of the Company. Without limiting the generality of the foregoing, since December 31, 2024, the Company has not:

&nbsp;&nbsp;&nbsp;&nbsp;1. Amended
 or otherwise changed its organizational documents;

2. Issued,
 sold, or otherwise disposed of any of its equity securities, or granted any options, warrants,
 or other rights to purchase or obtain any of its equity securities;

3. Declared,
 set aside, or paid any dividend or made any distribution with respect to its equity securities;

4. Redeemed,
 purchased, or otherwise acquired any of its equity securities;

5. Effected
 any recapitalization, reclassification, stock split, or similar transaction;

6. Incurred
 any indebtedness for borrowed money or guaranteed any such indebtedness;

7. Made
 any loans or advances to any person, other than routine advances to employees in the ordinary
 course of business;

8. Sold,
 transferred, or otherwise disposed of any of its material assets, except in the ordinary
 course of business;

9. Entered
 into, amended, or terminated any material contract;

10. Made
 any capital expenditures or commitments in excess of US$10,000 individually or US$25,000
 in the aggregate;

11. Made
 any change in any method of accounting or accounting practice;

12. Settled
 or compromised any material claim or litigation;

13. Suffered
 any damage, destruction, or loss, whether or not covered by insurance, materially and adversely
 affecting its business or assets;

14. Entered
 into any transaction with any affiliate of the Company; or

15. Agreed,
 whether in writing or otherwise, to take any of the foregoing actions.

**3.11 Material Contracts**

The Seller has delivered to the Buyer true, correct, and complete copies of all material contracts to which the Company is a party or by which the Company or its assets are bound (the **"Material Contracts"**). Each Material Contract is valid, binding, and in full force and effect, and is enforceable against the Company and, to the knowledge of the Seller, the other parties thereto, in accordance with its terms. The Company is not in breach of or default under any Material Contract, and no event has occurred that with notice or lapse of time or both would constitute a breach or default by the Company under any Material Contract. To the knowledge of the Seller, no other party to any Material Contract is in breach or default thereunder.

**3.12 Regulatory Compliance**

The Company holds all licenses, permits, approvals, and authorizations required for the conduct of its business as currently conducted, including without limitation license number SD136 issued by the Financial Services Authority of Seychelles. All such licenses, permits, approvals, and authorizations are valid, in full force and effect, and in good standing. The Company is in compliance in all material respects with all applicable laws, rules, and regulations relating to its business and operations, including without limitation all securities laws and regulations applicable to securities dealers in Seychelles. The Company has not received any notice of any violation or alleged violation of any such laws, rules, or regulations.

**3.13 Litigation**

There is no action, suit, proceeding, claim, arbitration, or investigation pending or, to the knowledge of the Seller, threatened against or affecting the Company, the Seller (with respect to the Shares or the Transaction), or the Shares before any court, arbitrator, or governmental authority. There is no judgment, decree, injunction, rule, or order of any court, arbitrator, or governmental authority outstanding against the Company or the Seller (with respect to the Shares or the Transaction).

**3.14 Taxes**

The Company has timely filed all tax returns and reports required to be filed by it, and all such tax returns and reports are true, correct, and complete. The Company has timely paid all taxes shown to be due on such tax returns and reports. There are no liens for taxes upon any assets of the Company, except for statutory liens for current taxes not yet due and payable. No deficiency for any tax has been proposed, asserted, or assessed against the Company, and no request for waiver of the time to assess any such tax is pending.

**3.15 Employees and Employee Benefits**

The Seller has delivered to the Buyer a true, correct, and complete list of all employees of the Company, including their positions, dates of hire, current compensation, and benefits. The Company is in compliance in all material respects with all applicable laws relating to employment and employment practices, including all laws relating to wages, hours, collective bargaining, discrimination, civil rights, safety and health, workers' compensation, and the collection and payment of withholding and social security taxes. The Company is not a party to or bound by any collective bargaining agreement or other labor union contract. There is no labor dispute, strike, or work stoppage pending or, to the knowledge of the Seller, threatened against the Company.

**3.16 Intellectual Property**

The Company owns or has the right to use all intellectual property necessary for the conduct of its business as currently conducted. The conduct of the Company's business does not infringe, misappropriate, or otherwise violate the intellectual property rights of any third party. To the knowledge of the Seller, no third party is infringing, misappropriating, or otherwise violating any intellectual property owned by the Company.

**3.17 Real and Personal Property**

The Company does not own any real property. The Seller has delivered to the Buyer true, correct, and complete copies of all leases for real property occupied by the Company. The Company has good and valid title to, or a valid leasehold interest in, all personal property and assets used in its business, free and clear of all liens and encumbrances, except for liens for current taxes not yet due and payable and such other liens and encumbrances that do not materially interfere with the use of such property or assets in the conduct of the Company's business.

**3.18 Insurance**

The Company maintains insurance coverage with reputable insurers in such amounts and covering such risks as are adequate for the conduct of its business and the value of its properties and assets. All such insurance policies are in full force and effect, and the Company is not in default with respect to any provision contained in any such policy.

**3.19 Related Party Transactions**

Except as disclosed in writing to the Buyer, there are no contracts, agreements, arrangements, or understandings between the Company and the Seller or any affiliate of the Seller or the Company.

**3.20 Brokers**

No broker, finder, or investment banker is entitled to any brokerage, finder's, or other fee or commission in connection with the Transaction based upon arrangements made by or on behalf of the Seller or the Company.

**3.21 Disclosure**

No representation or warranty by the Seller in this Agreement, and no statement contained in any certificate, schedule, or other document furnished or to be furnished to the Buyer pursuant to this Agreement, contains or will contain any untrue statement of a material fact or omits or will omit to state any material fact necessary to make the statements herein or therein, in light of the circumstances under which they were made, not misleading.

**ARTICLE IV - REPRESENTATIONS AND WARRANTIES OF THE BUYER**

**The Buyer represents and warrants to the Seller that the statements contained in this Article IV are true, correct, and complete as of the date of this Agreement and as of the Closing Date.**

**4.1 Organization and Authority**

The Buyer is a corporation duly incorporated, validly existing, and in good standing under the laws of the State of California, United States of America. The Buyer has all requisite corporate power and authority to enter into this Agreement, to perform its obligations hereunder, and to consummate the Transaction. The execution, delivery, and performance of this Agreement by the Buyer have been duly authorized by all necessary corporate action on the part of the Buyer.

**4.2 Binding Obligation**

This Agreement has been duly executed and delivered by the Buyer and constitutes a legal, valid, and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors' rights generally and by general principles of equity.

**4.3 No Conflicts**

The execution, delivery, and performance of this Agreement by the Buyer, and the consummation of the Transaction, do not and will not: (a) violate any provision of the organizational documents of the Buyer; (b) violate any law, statute, rule, regulation, judgment, order, or decree applicable to the Buyer; (c) conflict with, result in a breach of, constitute a default under, or accelerate or permit the acceleration of any performance required by, any contract, agreement, or instrument to which the Buyer is a party or by which the Buyer is bound; or (d) require any consent, approval, authorization, permit, or filing with or notification to any governmental authority or third party, except for such consents, approvals, authorizations, permits, filings, or notifications that have been obtained or made.

**4.4 Financial Capacity**

The Buyer has, and at the Closing will have, sufficient funds available to pay the Purchase Price and to consummate the Transaction.

**4.5 Investment Purpose**

The Buyer is acquiring the Shares for its own account for investment purposes and not with a view to, or for offer or sale in connection with, any distribution thereof in violation of applicable securities laws. The Buyer acknowledges that the Shares have not been registered under any securities laws and may not be transferred or resold except pursuant to registration or an applicable exemption from registration.

**4.6 Brokers**

No broker, finder, or investment banker is entitled to any brokerage, finder's, or other fee or commission in connection with the Transaction based upon arrangements made by or on behalf of the Buyer.

**ARTICLE V - COVENANTS OF THE SELLER**

**5.1 Conduct of Business Prior to Closing**

From the date of this Agreement until the Closing Date (the **"Interim Period"**), except as otherwise expressly contemplated by this Agreement or consented to in writing by the Buyer, the Seller shall cause the Company to:

&nbsp;&nbsp;&nbsp;&nbsp;1. Conduct
 its business in the ordinary course consistent with past practice;

2. Use
 commercially reasonable efforts to preserve intact its business organization, maintain its
 relationships with customers, suppliers, employees, and other persons with which it has business
 relations, and keep available the services of its present officers and key employees;

&nbsp;&nbsp;&nbsp;&nbsp;3. Maintain
 its properties and assets in good repair and condition, ordinary wear and tear excepted;

4. Maintain
 in full force and effect all material insurance policies;

5. Comply
 in all material respects with all applicable laws and the requirements of all material contracts;

6. Maintain
 its books and records in accordance with past practice; Perform all of its obligations under
 all material contracts; and

7. Not
 take any action that would cause any of the representations and warranties set forth in Article
 III to be untrue or incorrect in any material respect.

**5.2 Negative Covenants**

During the Interim Period, except as otherwise expressly contemplated by this Agreement or consented to in writing by the Buyer, the Seller shall cause the Company not to:

&nbsp;&nbsp;&nbsp;&nbsp;1. Amend
 or otherwise change its organizational documents;

2. Issue,
 sell, or otherwise dispose of any of its equity securities, or grant any options, warrants,
 or other rights to purchase or obtain any of its equity securities;

3. Declare,
 set aside, or pay any dividend or make any distribution with respect to its equity securities;

4. Redeem,
 purchase, or otherwise acquire any of its equity securities;

5. Effect
 any recapitalization, reclassification, stock split, or similar transaction;

6. Incur
 any indebtedness for borrowed money or guarantee any such indebtedness, except in the ordinary
 course of business;

7. Make
 any loans or advances to any person, other than routine advances to employees in the ordinary
 course of business;

8. Sell,
 transfer, or otherwise dispose of any of its material assets, except in the ordinary course
 of business;

9. Enter
 into, amend, or terminate any material contract;

10. Make
 any capital expenditures or commitments in excess of US$10,000 individually or US$25,000
 in the aggregate;

11. Make
 any change in any method of accounting or accounting practice;

12. Settle
 or compromise any material claim or litigation;

13. Enter
 into any transaction with any affiliate of the Company;

14. Increase
 the compensation or benefits of any employee, except in the ordinary course of business consistent
 with past practice;

15. Hire
 or terminate any employee, except for cause; or

16. Agree,
 whether in writing or otherwise, to take any of the foregoing actions.

**5.3 Access to Information**

During the Interim Period, the Seller shall, and shall cause the Company to, provide the Buyer and its representatives with reasonable access during normal business hours to the Company's properties, books, records, contracts, and personnel, and shall furnish to the Buyer and its representatives such financial and operating data and other information as the Buyer may from time to time reasonably request.

**5.4 Regulatory Approvals**

The Seller shall use its commercially reasonable efforts to obtain all consents, approvals, and authorizations required from the Financial Services Authority of Seychelles and any other governmental authorities for the consummation of the Transaction, including without limitation approval of the transfer of the Shares and the change of control of the Company. The Seller shall cooperate with the Buyer in connection with the preparation and filing of all applications and other documents required to obtain such consents, approvals, and authorizations.

**5.5 Notification**

During the Interim Period, the Seller shall promptly notify the Buyer in writing of: (a) any event, condition, or circumstance that would cause any representation or warranty of the Seller set forth in Article III to be untrue or incorrect in any material respect; (b) any material breach by the Seller of any covenant or obligation under this Agreement; (c) any material adverse change in the business, assets, financial condition, results of operations, or prospects of the Company; and (d) any notice or communication from any governmental authority or third party relating to the Transaction or the Company.

**5.6 Expenses and Maintenance Fees**

The Buyer shall be responsible for all expenses and related costs for the ordinary running of the business and maintenance of the license of the Company in an amount not to exceed US$40,000 for the period commencing three (3) months after the Closing Date until the date on which the Financial Services Authority approves (or rejects) the acquisition of the Shares by the Buyer (the **"Regulatory Approval Period"**). If the Regulatory Approval Period exceeds three (3) months from the Closing Date, the Parties shall negotiate in good faith regarding the allocation of any additional expenses and costs incurred during such extended period.

**ARTICLE VI - COVENANTS OF THE BUYER**

**6.1 Regulatory Approvals**

The Buyer shall use its commercially reasonable efforts to obtain all consents, approvals, and authorizations required from the Financial Services Authority of Seychelles and any other governmental authorities for the consummation of the Transaction, including without limitation approval of the transfer of the Shares and the change of control of the Company. The Buyer shall cooperate with the Seller in connection with the preparation and filing of all applications and other documents required to obtain such consents, approvals, and authorizations.

**6.2 Notification**

Prior to the Closing, the Buyer shall promptly notify the Seller in writing of: (a) any event, condition, or circumstance that would cause any representation or warranty of the Buyer set forth in Article IV to be untrue or incorrect in any material respect; and (b) any material breach by the Buyer of any covenant or obligation under this Agreement.

**ARTICLE VII - CONDITIONS TO CLOSING**

**7.1 Conditions to Obligations of the Buyer**

The obligations of the Buyer to consummate the Transaction are subject to the satisfaction (or waiver by the Buyer) at or prior to the Closing of the following conditions:

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 representations and warranties of the Seller set forth in Article III shall be true and correct
 in all material respects as of the date of this Agreement and as of the Closing Date with
 the same effect as though made at and as of the Closing Date;

2. The
 Seller shall have performed and complied in all material respects with all covenants and
 obligations required by this Agreement to be performed or complied with by the Seller at
 or prior to the Closing;

3. No
 action, suit, proceeding, claim, arbitration, or investigation shall be pending or threatened
 before any court, arbitrator, or governmental authority seeking to restrain, prohibit, or
 obtain damages or other relief in connection with this Agreement or the consummation of the
 Transaction;

4. All
 consents, approvals, and authorizations required from governmental authorities for the consummation
 of the Transaction shall have been obtained and shall be in full force and effect;

5. The
 Buyer shall have completed its due diligence investigation of the Company and shall be satisfied
 with the results thereof in its sole discretion;

6. There
 shall not have occurred any material adverse change in the business, assets, financial condition,
 results of operations, or prospects of the Company since the date of this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;7. The
 Seller shall have delivered to the Buyer all of the documents, instruments, and certificates
 required to be delivered by the Seller pursuant to Section 2.3; and

8. The
 Buyer shall have received such other documents, instruments, and certificates as the Buyer
 may reasonably request to evidence the satisfaction of the conditions set forth in this Section
 7.1.

**7.2 Conditions to Obligations of the Seller**

The obligations of the Seller to consummate the Transaction are subject to the satisfaction (or waiver by the Seller) at or prior to the Closing of the following conditions:

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 representations and warranties of the Buyer set forth in Article IV shall be true and correct
 in all material respects as of the date of this Agreement and as of the Closing Date with
 the same effect as though made at and as of the Closing Date;

2. The
 Buyer shall have performed and complied in all material respects with all covenants and obligations
 required by this Agreement to be performed or complied with by the Buyer at or prior to the
 Closing;

3. No
 action, suit, proceeding, claim, arbitration, or investigation shall be pending or threatened
 before any court, arbitrator, or governmental authority seeking to restrain, prohibit, or
 obtain damages or other relief in connection with this Agreement or the consummation of the
 Transaction;

4. All
 consents, approvals, and authorizations required from governmental authorities for the consummation
 of the Transaction shall have been obtained and shall be in full force and effect;

5. The
 Buyer shall have delivered to the Seller all of the documents, instruments, and certificates
 required to be delivered by the Buyer pursuant to Section 2.4; and

6. The
 Seller shall have received such other documents, instruments, and certificates as the Seller
 may reasonably request to evidence the satisfaction of the conditions set forth in this Section
 7.2.

**ARTICLE VIII – INDEMNIFICATION**

**8.1 Indemnification by the Seller**

Subject to the limitations set forth in this Article VIII, the Seller shall indemnify, defend, and hold harmless the Buyer and its affiliates, and their respective officers, directors, employees, agents, successors, and assigns (collectively, the **"Buyer Indemnified Parties"**) from and against any and all losses, damages, liabilities, costs, and expenses (including reasonable attorneys' fees and expenses) (collectively, **"Losses"**) arising out of or resulting from:

&nbsp;&nbsp;&nbsp;&nbsp;1. Any
 breach of any representation or warranty made by the Seller in this Agreement or in any certificate
 delivered pursuant to this Agreement;

2. Any
 breach or non-performance of any covenant or obligation of the Seller under this Agreement;

3. Any
 liabilities or obligations of the Company arising out of or relating to events, circumstances,
 or conditions occurring or existing on or prior to the Closing Date, to the extent not reflected
 or reserved against in the Financial Statements or otherwise disclosed to the Buyer in writing;
 or

4. Any
 claims by any broker, finder, or investment banker for any fee or commission based upon arrangements
 made by or on behalf of the Seller or the Company in connection with the Transaction.

**8.2 Indemnification by the Buyer**

Subject to the limitations set forth in this Article VIII, the Buyer shall indemnify, defend, and hold harmless the Seller and its affiliates, and their respective officers, directors, employees, agents, successors, and assigns (collectively, the **"Seller Indemnified Parties"**) from and against any and all Losses arising out of or resulting from:

&nbsp;&nbsp;&nbsp;&nbsp;1. Any
 breach of any representation or warranty made by the Buyer in this Agreement or in any certificate
 delivered pursuant to this Agreement;

2. Any
 breach or non-performance of any covenant or obligation of the Buyer under this Agreement;

3. Any
 liabilities or obligations of the Company arising out of or relating to events, circumstances,
 or conditions occurring or existing after the Closing Date; or

4. Any
 claims by any broker, finder, or investment banker for any fee or commission based upon arrangements
 made by or on behalf of the Buyer in connection with the Transaction.

**8.3 Limitations on Indemnification**

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 Seller shall not be liable to the Buyer Indemnified Parties for indemnification under Section
 8.1(a) unless and until the aggregate amount of all Losses for which indemnification is sought
 under Section 8.1(a) exceeds US$25,000 (the "**Basket** "), in which event
 the Seller shall be liable for all such Losses in excess of the Basket.

2. The
 maximum aggregate liability of the Seller for indemnification under Section 8.1(a) shall
 not exceed an amount equal to twenty percent (20%) of the Purchase Price (the "**Cap** ").

3. The
 limitations set forth in Sections 8.3(a) and 8.3(b) shall not apply to Losses arising out
 of or resulting from: (i) fraud or intentional misrepresentation by the Seller; (ii) breaches
 of the representations and warranties set forth in Sections 3.1, 3.2, 3.3, 3.4, and 3.5 (the
 "**Fundamental Representations** "); or (iii) breaches of covenants or obligations
 that by their terms are to be performed after the Closing.

4. The
 right to indemnification under Section 8.1(a) shall terminate on the date that is eighteen
 (18) months following the Closing Date, except that: (i) the right to indemnification for
 breaches of the Fundamental Representations shall terminate on the date that is three (3)
 years following the Closing Date; (ii) the right to indemnification for breaches of the representations
 and warranties set forth in Section 3.14 (Taxes) shall terminate upon the expiration of the
 applicable statute of limitations; and (iii) the right to indemnification for fraud or intentional
 misrepresentation shall not terminate.

5. The
 amount of any Losses for which indemnification is provided under this Article VIII shall
 be reduced by: (i) any insurance proceeds actually recovered by the indemnified party with
 respect to such Losses; and (ii) any tax benefit actually realized by the indemnified party
 as a result of such Losses.

**8.4 Procedures for Indemnification**

&nbsp;&nbsp;&nbsp;&nbsp;1. If
 any Buyer Indemnified Party or Seller Indemnified Party (an "**Indemnified Party** ")
 believes that it has suffered or incurred any Losses for which it is entitled to indemnification
 under this Article VIII, the Indemnified Party shall promptly notify the Party from whom
 indemnification is sought (the "**Indemnifying Party**") in writing of such
 claim, specifying in reasonable detail the nature of the claim, the amount of Losses claimed
 (to the extent known), and the basis for the claim. The failure to provide such notice shall
 not relieve the Indemnifying Party of its indemnification obligations hereunder except to
 the extent that the Indemnifying Party is actually prejudiced by such failure.

2. If
 the claim for indemnification is based upon a claim asserted by a third party against the
 Indemnified Party (a "**Third Party Claim** "), the Indemnifying Party shall
 have the right, upon written notice to the Indemnified Party within thirty (30) days after
 receipt of notice of the Third Party Claim, to assume the defence of such Third Party Claim
 at the Indemnifying Party's expense with counsel reasonably satisfactory to the Indemnified
 Party. If the Indemnifying Party assumes the defence of a Third Party Claim, the Indemnified
 Party shall cooperate with the Indemnifying Party in the defence thereof. The Indemnifying
 Party shall not consent to the entry of any judgment or enter into any settlement with respect
 to the Third Party Claim without the prior written consent of the Indemnified Party (which
 consent shall not be unreasonably withheld, conditioned, or delayed) unless such judgment
 or settlement includes an unconditional release of the Indemnified Party from all liability
 arising out of such Third Party Claim and does not include any admission of liability or
 wrongdoing by the Indemnified Party.

3. If
 the Indemnifying Party does not assume the defense of a Third Party Claim within the time
 period specified in Section 8.4(b), the Indemnified Party shall have the right to defend,
 compromise, or settle such Third Party Claim at the expense of the Indemnifying Party. The
 Indemnified Party shall not consent to the entry of any judgment or enter into any settlement
 with respect to the Third Party Claim without the prior written consent of the Indemnifying
 Party (which consent shall not be unreasonably withheld, conditioned, or delayed).

**8.5 Exclusive Remedy**

Except in the case of fraud or intentional misrepresentation, the indemnification provisions set forth in this Article VIII shall be the sole and exclusive remedy of the Parties for any breach of any representation, warranty, covenant, or obligation under this Agreement or otherwise relating to the subject matter of this Agreement.

**ARTICLE IX – TERMINATION**

**9.1 Termination Events**

This Agreement may be terminated at any time prior to the Closing:

&nbsp;&nbsp;&nbsp;&nbsp;1. By
 mutual written consent of the Buyer and the Seller;

2. By
 either the Buyer or the Seller if the Closing has not occurred on or before March 31, 2026
 (the "**Outside Date** "), provided that the terminating Party is not in breach
 of any of its representations, warranties, covenants, or obligations under this Agreement;

3. By
 either the Buyer or the Seller if any governmental authority shall have issued a final, non-appealable
 order, decree, or ruling permanently restraining, enjoining, or otherwise prohibiting the
 consummation of the Transaction;

4. By
 the Buyer if: (i) any representation or warranty of the Seller set forth in Article III shall
 have been inaccurate or untrue in any material respect as of the date of this Agreement or
 shall have become inaccurate or untrue in any material respect; (ii) the Seller shall have
 breached or failed to perform in any material respect any covenant or obligation under this
 Agreement; (iii) any condition set forth in Section 7.1 shall have become incapable of satisfaction;
 or (iv) the Buyer is not satisfied with the results of its due diligence investigation of
 the Company;

5. By
 the Seller if: (i) any representation or warranty of the Buyer set forth in Article IV shall
 have been inaccurate or untrue in any material respect as of the date of this Agreement or
 shall have become inaccurate or untrue in any material respect; (ii) the Buyer shall have
 breached or failed to perform in any material respect any covenant or obligation under this
 Agreement; or (iii) any condition set forth in Section 7.2 shall have become incapable of
 satisfaction.

**9.2 Effect of Termination**

If this Agreement is terminated pursuant to Section 9.1, this Agreement shall become void and of no further force and effect, except that: (a) the provisions of Section 10.3 (Confidentiality), Section 11.9 (Expenses), and Article XI (Miscellaneous) shall survive; and (b) nothing herein shall relieve any Party from liability for any willful breach prior to termination.

**ARTICLE X - ADDITIONAL COVENANTS, RELATED-PARTY ACKNOWLEDGEMENT AND APPROVALS**

**10.1 Further Assurances**

From time to time after the Closing, at the request of either Party and without further consideration, the other Party shall execute and deliver such additional documents and instruments and take such other actions as may be reasonably necessary to consummate the Transaction and to vest in the Buyer good and valid title to the Shares, free and clear of all liens and encumbrances.

**10.2 Public Announcements**

Neither Party shall issue any press release or make any public announcement relating to the subject matter of this Agreement or the Transaction without the prior written consent of the other Party, except as may be required by applicable law or the rules of any stock exchange, in which case the Party proposing to issue such press release or make such public announcement shall use its commercially reasonable efforts to consult with the other Party prior to making such disclosure to allow the other Party a reasonable opportunity to review and comment on the proposed text. Any such disclosure shall be limited to that which is legally required, and the Parties shall cooperate in good faith to agree upon the content, timing, and manner of any such announcement. Nothing in this Section shall prevent either Party from communicating with its respective legal, financial, or other professional advisors, or with its shareholders, investors, or affiliates, provided that such persons are bound by obligations of confidentiality no less stringent than those set forth in this Agreement.

**10.3 Confidentiality.**

Each Party shall, and shall cause its affiliates and representatives to, keep confidential and not disclose to any third party any non-public information concerning the other Party or the Company received in connection with this Agreement, except (i) as required by applicable law, regulation, or stock-exchange rule, (ii) to the extent already public other than by breach of this Agreement, or (iii) to such Party's attorneys, accountants, financing sources, and other advisors who need to know such information and are bound by obligations of confidentiality no less stringent than this Section. This Section shall survive any termination of this Agreement and the Closing.

**10.4 Stock-consideration**

Any Buyer shares issued as consideration shall be issued in a transaction exempt from registration under the U.S. Securities Act of 1933, including pursuant to Section 4(a)(2) and/or Regulation D, or Regulation S, as applicable, and shall bear customary restrictive legends and be subject to applicable transfer restrictions.

**10.5 Acknowledgement**

The Parties acknowledge that the transactions contemplated by this Agreement constitute a related-party transaction for the Buyer under applicable U.S. securities laws and U.S. GAAP.

**10.6 Disinterested Review and Approval**

Prior to Closing, the Board of Directors of the Buyer, or the Audit Committee thereof composed solely of independent, disinterested directors, shall review and approve this Agreement and the transactions contemplated hereby. Any director, officer, or other person with an interest in the transaction shall recuse from deliberations and votes.

**10.7 SEC and GAAP Disclosure**

The Buyer shall prepare and file all required disclosures regarding the transaction, including, without limitation, Regulation S-K Item 404 and ASC 850 (Related Party Disclosures). Where practicable, the Buyer shall provide the Seller with drafts of such disclosures in advance for good-faith comment; provided, that nothing herein shall limit the Buyer's disclosure obligations under applicable law.

**ARTICLE XI – MISCELLANEOUS**

**11.1 Entire Agreement**

This Agreement, together with the Schedules and Exhibits attached hereto, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, between the Parties, including the non-binding Letter of Intent dated January 21, 2025.

**11.2 Amendments and Waivers**

No amendment, modification, or waiver of any provision of this Agreement shall be effective unless in writing and signed by both Parties. No waiver of any breach or default hereunder shall be deemed a waiver of any subsequent breach or default of the same or similar nature.

**11.3 Notices**

All notices, requests, demands, and other communications required or permitted under this Agreement shall be in writing and shall be deemed to have been duly given: (a) upon personal delivery; (b) one business day after being sent by reputable overnight courier service; (c) three business days after being sent by registered or certified mail, return receipt requested; or (d) upon confirmation of receipt when sent by email, to the Parties at the following addresses: If to the Seller: SYNC CAPITAL LIMITED Unit 1 74 Back Church Lane London, England, E1 1LX Attention: Gope Kundnani If to the Buyer: FDCTech Inc. 200 Spectrum Drive, Suite 300 Irvine, California 92618, USA Attention: Mitchell Eaglestein Either Party may change its address for notice by written notice to the other Party in accordance with this Section.

**11.4 Severability**

If any provision of this Agreement is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, the validity, legality, and enforceability of the remaining provisions shall not be affected or impaired thereby. The Parties shall negotiate in good faith to replace any invalid, illegal, or unenforceable provision with a valid provision that achieves, to the greatest extent possible, the economic, business, and other purposes of the invalid provision.

**11.5 Assignment**

Neither Party may assign, transfer, or delegate any of its rights or obligations under this Agreement without the prior written consent of the other Party, which consent shall not be unreasonably withheld. Any attempted assignment in violation of this Section shall be null and void. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective permitted successors and assigns.

**11.6 Counterparts**

This Agreement may be executed in one or more counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. Delivery of an executed counterpart of this Agreement by facsimile or electronic transmission (including PDF) shall be as effective as delivery of a manually executed original counterpart. Further Assurances Each Party agrees to execute and deliver such additional documents and instruments and to perform such additional acts as may be necessary or appropriate to effectuate, carry out, and perform all of the terms, provisions, and conditions of this Agreement and the transactions contemplated hereby.

**11.7 No Third-Party Beneficiaries**

This Agreement is for the sole benefit of the Parties and their permitted successors and assigns, and nothing herein, express or implied, is intended to or shall confer upon any other person or entity any legal or equitable right, benefit, or remedy of any nature whatsoever under or by reason of this Agreement.

**11.8 Expenses**

Except as otherwise provided in this Agreement, each Party shall bear its own costs and expenses incurred in connection with the negotiation, preparation, execution, and performance of this Agreement and the transactions contemplated hereby, including the fees and expenses of its legal counsel, accountants, and other advisors.

**11.9 Governing Law**

This Agreement and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with it or its subject matter or formation shall be governed by and construed in accordance with the laws of Seychelles, without regard to its conflict of law provisions.

**11.10 Jurisdiction**

Each Party irrevocably agrees that the courts of Seychelles shall have exclusive jurisdiction to settle any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with this Agreement or its subject matter or formation. Each Party irrevocably waives any objection to proceedings in such courts on the grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum.

**11.11 Interpretation**

The headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. Words in the singular shall include the plural and vice versa, and words in one gender shall include all genders. The words "include," "includes," and "including" shall be deemed to be followed by the phrase "without limitation." References to Articles, Sections, Schedules, and Exhibits are to Articles, Sections, Schedules, and Exhibits of this Agreement unless otherwise specified.

**11.12 Time of Essence**

Time is of the essence with respect to all dates and time periods set forth or referred to in this Agreement. Survival

The representations, warranties, covenants, and agreements of the Parties contained in this Agreement shall survive the Closing and shall remain in full force and effect in accordance with their respective terms, subject to the limitations set forth in Article 9 hereof.

IN WITNESS WHEREOF, the Parties have executed this Share Purchase Agreement as of the date first written above.

---

| | |
|:---|:---|
| **SYNC CAPITAL LIMITED** | **SYNC CAPITAL LIMITED** |
| By: | */s/ Gope S. Kundnani* |
| Name: | Gope Kundnani |
| Authorized Signatory | Authorized Signatory |
| Title: | Owner, Director |

---

---

| | |
|:---|:---|
| **GOPE KUNDNANI** | **GOPE KUNDNANI** |
| By: | */s/ Gope S. Kundnani* |
| Title: | Owner, Director |

---

---

| | |
|:---|:---|
| **FDCTECH INC.** | **FDCTECH INC.** |
| By: | */s/Mitchell Eaglestein* |
| Name: | Mitchell Eaglestein |
| Title: | CEO, Director |
| Authorized Signatory | Authorized Signatory |

---

## Exhibit 99.2

**Exhibit 99.2**

![](ex99-2_001.jpg)

**FDCTech, Inc. Completes Acquisition of Alchemy International Ltd., a Licensed Securities Dealer in Seychelles**

*Strategic Expansion Bolsters Company's Global Regulatory Footprint and Institutional Brokerage Capabilities*

 

Irvine, CA: November 06, 2025, FDCTech, Inc. ("FDC" or the "Company," PINK: <u>FDCT</u>), a fintech-infrastructure provider, today announced it has finalized the acquisition of Alchemy International Ltd., a Seychelles-licensed securities dealer regulated under license number SD136 by the Financial Services Authority (FSA). 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.

**Transaction Overview**

Under the executed Share Purchase Agreement dated October 29, 2025, the Company acquired 49,950 of 50,000 issued shares from Sync Capital Limited and Mr. Gope Shyamdas Kundnani, effectively assuming full operating control of Alchemy International Ltd. The transaction terms include:

● Total Consideration: Up to $2,000,000, subject to adjustment based on regulatory Own Funds Capital, as required by the Seychelles Financial Services Authority, at closing.

● Payment Terms: Payable by January 29, 2026, in cash or Company stock, at the Company's discretion

● Change of Control Date: Approved by Seychelles FSA on October 29, 2025

● Compliance: Structured as a related-party transaction in accordance with ASC 850 and Regulation S-K Item 404, and reviewed by Company's disinterested Board members

**Financial Strength of Alchemy International Ltd.**

The transaction gives Company ownership of a profitable offshore dealer with solid capital reserves and scalable infrastructure. According to unaudited (GAAP) financial results for fiscal year 2024 and the nine-month period ending on September 30, 2025:

---

| | | |
|:---|:---|:---|
| **GAAP(Unaudited)** | **Fiscal 2024** | **Nine Months, $**<br>**(September 30, 2025)** |
| Revenue | $3738272 | $7558755 |
| Net Profit | $484306 | $3910012 |
| Net Assets | $2162673 | $6072685 |
| Client Assets <sup>(1)</sup> | $5389203 | $10842436 |

---

<sup>(1)</sup> across institutional liquidity accounts as of December 31, 2024, and September 30, 2025

Alchemy's revenue mix includes trading and hedging P&L, rebates from liquidity providers, and a high-margin institutional execution business with over $1 million in service fees year-to-date.

**Strategic Rationale**

The acquisition of Alchemy International Ltd. significantly strengthens the Company's position as a vertically integrated trading and payments group, complementing prior acquisitions in Europe (Malta, UK) and Australia.

Key Benefits:

*Regulatory Arbitrage:* Expands the Company's licensing reach to Seychelles (FSA SD License), enabling flexibility in onboarding offshore brokers and high-volume algorithmic traders.

*Earnings Accretive:* Alchemy adds immediate net income and boosts consolidated EBITDA for FY 2025.

*Platform Synergies:* Seamless integration with Company's Condor Trading and Liquidity Stack will support cross-sell of Prime of Prime, custody, and technology-as-a-service solutions.

*Deeper Institutional Access:* Enables the Company to serve a growing pipeline of brokers and family offices looking for efficient execution venues outside traditional European regulations.

FDCTech will now consolidate Alchemy International's financials into its Q4 2025 reporting, implement Condor Trading connectivity, and begin cross-jurisdiction onboarding of new institutional clients under the Seychelles license.

Additional disclosures regarding this related-party transaction will be made via the Company's Current Report on Form 8-K and Annual Report on Form10-K for the year ended December 31, 2025 to be filed with the United States Securities and Exchange Commission.

For more information on the Company's results and strategic plans, please visit our **<u>SEC filings</u>** or the **<u>Company's website</u>**.

**About Alchemy International Ltd.**

Alchemy International Ltd. is a licensed Securities Dealer (License No. SD136) regulated by the Financial Services Authority of Seychelles. The firm specializes in foreign exchange and CFD execution for retail and institutional clients, with access to Tier-1 liquidity providers, proprietary risk engines, and client asset safeguarding structures.

**FDCTech, Inc.**

<u>FDCTech, Inc</u>. ("FDC") is a regulatory-grade financial technology infrastructure developer designed to serve the future financial markets. Our clients include regulated and OTC brokerages and prop and algo trading firms of all sizes in forex, stocks, commodities, indices, ETFs, precious metals, and other asset classes. Our growth strategy involves acquiring and integrating small to mid-size legacy financial services companies, leveraging our proprietary trading technology and liquidity solutions to deliver exceptional value to our clients.

**Cautionary Note Regarding Forward-Looking Statements.**

This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included herein, including but not limited to such things as future business strategy, plans, and goals, and the expansion and growth of our business. The words "estimate", "plan", "anticipate", "expect", "intend", "believe" "target", "budget", "may", "can", "will", "would", "could", "should", "seeks", or "scheduled to" and similar words or expressions, or negatives of these terms or other variations of these terms or comparable language or any discussion of strategy or intention identify forward-looking statements. Please see the risk factors included in the Company's United States Securities and Exchange Commission filings, which could cause actual results and events to differ materially from those contained in the forward-looking statements. You are cautioned against attributing undue certainty to forward-looking statements. Although these forward-looking statements were based on assumptions that the Company believes are reasonable when made, you are cautioned that forward-looking statements are not guarantees of future performance and that actual results, performance, or achievements may differ materially from those made in or suggested by the forward-looking statements in this press release. Any forward-looking statements made in this press release speak only as of the date of those statements. We undertake no obligation to update those statements or publicly announce the results of any revisions to any of those statements to reflect future events or developments.

**Contact Media Relations**

FDCTech, Inc.

<u>info@fdctech.com</u>

<u>www.fdctech.com</u>

+1 877-445-6047

200 Spectrum Center Drive, Suite 300,

Irvine, CA, 92618