FDCTECH, INC.

FDCTech, Inc. announced that its Board of Directors approved an increase in authorized common stock from 500 million to 750 million shares and preferred stock from 10 million to 15 million shares. Additionally, the Board authorized a potential reverse stock split, with a ratio between 1-for-10 and 1-for-100, to be effected by June 30, 2026. The company, a financial technology firm, specializes in software solutions and business services for the OTC brokerage and financial services industries, operating across four segments including margin brokerage, wealth management, technology, and payment intermediary services.

FDCTech, Inc. detailed its business operations and strategic vision in its 10-K filing, highlighting its transformation into a diversified global fintech platform. The company specializes in software solutions and business services for OTC brokerage and financial services, operating across four segments: Margin Brokerage, Wealth Management, Technology and Software Development, and Payment Intermediary Services. FDCTech's strategy focuses on providing a comprehensive "plug-and-play" brokerage stack, upgrading existing brokerages, leveraging its multi-jurisdictional regulatory footprint, integrating payments, and pursuing disciplined acquisitions to enhance long-term shareholder value.

FDCTech's Board of Directors, after consulting with management and its auditor LAO Professionals, concluded that previously issued unaudited condensed consolidated financial statements for the three, six, and nine months ended March 31, June 30, and September 30, 2024, respectively, should no longer be relied upon. This decision stems from various errors, including misclassifications and omissions, which also led to the restatement of the company's fiscal year 2024 financial statements. The company also identified material weaknesses in its internal control over financial reporting.

FDCTech, Inc. announced that its Board of Directors, in consultation with its current auditor LAO Professionals, concluded that previously issued financial statements from 2024, 2025, and several interim periods should no longer be relied upon. This decision stems from errors identified during LAO's reaudit and comments from the SEC regarding the presentation of client funds. The restatements significantly impacted the 2024 financials, including an $8.07 million decrease in total assets and a reclassification of an $8.2 million subscription receivable.

FDCTech, Inc. (FDCT) has filed its 10-K report, detailing its business as a financial technology company specializing in software solutions for the OTC brokerage and financial services industries. The company offers its Condor Trading Technology platform and has expanded globally through strategic acquisitions. FDCTech operates across four key segments: Margin Brokerage, Wealth Management, Technology and Software Development, and Payment Intermediary Services. The company's strategy focuses on building an integrated platform to support existing and aspiring brokerages, leveraging its technology, licenses, and payment capabilities. It operates under various regulatory frameworks across its international subsidiaries.

FDCTech, Inc. has filed an amended 10-Q report for the period ending September 30, 2025, restating previously issued financial statements due to identified errors. The company reported a slight increase in Q3 revenue to $5.87 million, but nine-month revenue decreased to $17.27 million. Notably, the company swung to a net income of $655,487 for Q3 2025, a significant improvement from a net loss in the prior year period, and reported a net income of $510,376 for the nine-month period, compared to a loss in 2024. Total assets and liabilities saw a decrease.

FDCTech, Inc. has filed an amendment to its Form 10-Q to restate its financial statements for the period ended June 30, 2025, due to identified errors. The restatement impacts various accounts including subscription receivable, share register, restricted cash, and results of operations, leading to a reduction in net loss for the six-month period. The company is also enhancing its disclosures on legal proceedings. Financials show a decrease in total assets and liabilities, and a net loss attributable to shareholders for the quarter.

FDCTech, Inc. has filed an amended 10-Q report for the three months ended March 31, 2025, restating previously issued financial statements due to identified errors. The company reported a decrease in revenue to $5,976,948 for Q1 2025, down from $6,376,335 in Q1 2024. Net income also saw a significant decline, falling to $314,122 from $906,255 year-over-year. The restatement involved several adjustments, including reclassification of receivables, recognition of previously unrecorded shares, and corrections to operating results. Despite the decrease in net income, stockholders' equity saw an increase.

FDCTech, Inc. (FDCT) has filed its 10-K report, detailing its business as a financial technology company providing software solutions for the OTC brokerage and financial services industries. The company's core offering is the Condor Trading Technology suite, supporting multi-asset trading. Through strategic acquisitions, FDCTech has established a global presence with subsidiaries across multiple jurisdictions. Its operations are divided into four key segments: Margin Brokerage, Wealth Management, Technology and Software Development, and Payment Intermediary Services. The company's strategy focuses on offering an integrated platform to both existing and new brokerages, addressing challenges related to technology, licensing, liquidity, and payments. FDCTech operates under various regulatory frameworks in its key markets.

FDCTECH reported a significant increase in its first-quarter 2026 financial results, with total revenue rising 154.5% to $15.2 million and net income soaring to $6.87 million from $0.1 million in the prior year. The company also saw a substantial increase in cash and cash equivalents, reaching $36.9 million. These results follow a restatement of Q1 2025 financials due to an error in subsidiary reporting, and the company noted no material disruption from geopolitical conflicts.