FDCTech, Inc. Announces Acquisition of Alchemy Global to Expand Market Presence in the Middle East and Asia
FDCTech (FDCT) has announced signing a Letter of Intent to acquire Alchemy Global, a Seychelles-registered securities dealer. The acquisition, expected to close by Q3 2025, aims to establish FDC's presence in Middle Eastern and Asian markets.
The deal structure involves purchasing 100% of Alchemy Global's shares for Own Funds Capital plus a $2 million premium minus the Own Funds Capital. Alchemy Global's financial performance shows strong metrics with revenues exceeding $4 million, net income of $2.2 million, and net assets of $3.88 million for the nine months ending September 2024. The company also maintains $6.7 million in client funds and a working capital surplus of $3.80 million.
Post-acquisition, FDC plans to integrate its proprietary trading platform and risk management systems into Alchemy Global's operations. The strategic move leverages Seychelles' reputation as a premier jurisdiction for FX brokers, joining major players like Plus500, XTB, and eToro in the region.
FDCTech (FDCT) ha annunciato di aver firmato una Lettera di Intenti per acquisire Alchemy Global, un intermediario di valori mobiliari registrato alle Seychelles. L'acquisizione, prevista per essere conclusa entro il terzo trimestre del 2025, mira a stabilire la presenza di FDC nei mercati del Medio Oriente e dell'Asia.
La struttura dell'affare prevede l'acquisto del 100% delle azioni di Alchemy Global per Capitale Proprio più un premio di 2 milioni di dollari meno il Capitale Proprio. Le performance finanziarie di Alchemy Global mostrano metriche solide, con ricavi superiori a 4 milioni di dollari, un reddito netto di 2,2 milioni di dollari e attivi netti di 3,88 milioni di dollari per i nove mesi che si chiudono a settembre 2024. L'azienda mantiene anche 6,7 milioni di dollari in fondi dei clienti e un surplus di capitale circolante di 3,80 milioni di dollari.
Dopo l'acquisizione, FDC prevede di integrare la propria piattaforma di trading e i sistemi di gestione del rischio nelle operazioni di Alchemy Global. Questa mossa strategica sfrutta la reputazione delle Seychelles come giurisdizione di primo piano per i broker FX, unendosi a grandi attori come Plus500, XTB ed eToro nella regione.
FDCTech (FDCT) ha anunciado la firma de una Carta de Intención para adquirir Alchemy Global, un corredor de valores registrado en Seychelles. Se espera que la adquisición se cierre para el tercer trimestre de 2025, con el objetivo de establecer la presencia de FDC en los mercados de Medio Oriente y Asia.
La estructura del acuerdo implica la compra del 100% de las acciones de Alchemy Global por Capital Propio más una prima de 2 millones de dólares menos el Capital Propio. El rendimiento financiero de Alchemy Global muestra métricas sólidas, con ingresos superiores a 4 millones de dólares, un ingreso neto de 2,2 millones de dólares y activos netos de 3,88 millones de dólares durante los nueve meses que finalizan en septiembre de 2024. La compañía también mantiene 6,7 millones de dólares en fondos de clientes y un superávit de capital de trabajo de 3,80 millones de dólares.
Después de la adquisición, FDC planea integrar su plataforma de trading propia y sus sistemas de gestión de riesgos en las operaciones de Alchemy Global. Este movimiento estratégico aprovecha la reputación de Seychelles como una jurisdicción de primera clase para los corredores de FX, uniéndose a jugadores importantes como Plus500, XTB y eToro en la región.
FDCTech (FDCT)는 세이셸에 등록된 증권 거래소인 Alchemy Global을 인수하기 위한 의향서를 체결했다고 발표했습니다. 2025년 3분기까지 마무리될 것으로 예상되는 이번 인수는 FDC의 중동 및 아시아 시장 진출을 목표로 합니다.
거래 구조는 Alchemy Global의 주식 100%를 자본금으로 인수하며 200만 달러의 프리미엄을 더하고 자본금을 차감하는 방식입니다. Alchemy Global의 재무 성과는 2024년 9월까지의 9개월 동안 수익이 400만 달러를 초과하고 순이익이 220만 달러, 순자산이 388만 달러에 도달하는 등 강력한 지표를 보입니다. 이 회사는 또한 고객 자금으로 670만 달러를 유지하고 있으며 운전 자본 잉여금이 380만 달러에 이릅니다.
인수 이후 FDC는 고유한 거래 플랫폼과 리스크 관리 시스템을 Alchemy Global의 운영에 통합할 계획입니다. 중장기 성장 전략으로서 세이셸의 FX 중개인으로서의 우수한 명성을 활용하며, Plus500, XTB, eToro와 같은 주요 업체들과 함께 하게 됩니다.
FDCTech (FDCT) a annoncé avoir signé une Lettre d'Intention pour acquérir Alchemy Global, un négociant en valeurs mobilières enregistré aux Seychelles. L'acquisition, qui devrait se conclure d'ici le troisième trimestre 2025, vise à établir la présence de FDC sur les marchés du Moyen-Orient et d'Asie.
La structure de l'accord implique l'achat de 100 % des actions d'Alchemy Global pour un Capital Propre, plus une prime de 2 millions de dollars, moins le Capital Propre. Les performances financières d'Alchemy Global affichent des indicateurs solides, avec des revenus dépassant 4 millions de dollars, un bénéfice net de 2,2 millions de dollars, et des actifs nets de 3,88 millions de dollars pour les neuf mois se terminant en septembre 2024. L'entreprise maintient également 6,7 millions de dollars de fonds clients et un excédent de fonds de roulement de 3,80 millions de dollars.
Après l'acquisition, FDC prévoit d'intégrer sa plateforme de trading propriétaire et ses systèmes de gestion des risques dans les opérations d'Alchemy Global. Ce mouvement stratégique repose sur la réputation des Seychelles en tant que juridiction de premier plan pour les courtiers FX, rejoignant ainsi des acteurs majeurs comme Plus500, XTB et eToro dans la région.
FDCTech (FDCT) hat die Unterzeichnung eines Absichtserklärungs zur Übernahme von Alchemy Global, einem in Seychellen registrierten Wertpapierhändler, bekannt gegeben. Der Abschluss der Übernahme wird bis zum 3. Quartal 2025 erwartet und zielt darauf ab, die Präsenz von FDC in den Märkten des Nahen Ostens und Asiens auszubauen.
Die Struktur des Deals umfasst den Kauf von 100 % der Anteile von Alchemy Global zu Eigenkapital plus einer Prämie von 2 Millionen Dollar abzüglich des Eigenkapitals. Die finanzielle Leistung von Alchemy Global zeigt starke Kennzahlen mit einem Umsatz von über 4 Millionen Dollar, einem Nettogewinn von 2,2 Millionen Dollar und einem Nettovermögen von 3,88 Millionen Dollar für die neun Monate zum 30. September 2024. Das Unternehmen hält auch 6,7 Millionen Dollar an Kundengeldern und einen Überschuss im Umlaufvermögen von 3,80 Millionen Dollar.
Nach der Übernahme plant FDC, seine proprietäre Handelsplattform und Risikomanagementsysteme in die Betriebsabläufe von Alchemy Global zu integrieren. Dieser strategische Schritt nutzt den Ruf der Seychellen als erstklassige Jurisdiktion für FX-Broker und reiht sich ein in große Akteure wie Plus500, XTB und eToro in der Region.
- Strong financial performance: $4M revenue and $2.2M net income in 9 months
- Healthy balance sheet with $3.88M in net assets
- Substantial client funds of $6.7M
- Working capital surplus of $3.80M
- Strategic expansion into high-growth Middle Eastern and Asian markets
- Acquisition includes regulatory licenses in Seychelles
- Acquisition cost includes $2M premium payment
- Deal completion subject to regulatory approvals
- Integration risks of combining trading platforms and systems
The Company is strengthening its balance sheet, achieving profitable growth, and establishing a global footprint with strategic market expansion.
Irvine, CA, Jan. 23, 2025 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fintech-driven company specializing in acquiring and integrating small—to mid-size legacy financial services firms, announced the signing of a Letter of Intent (LOI) to acquire Alchemy Global Ltd. (“Alchemy Global”), a Seychelles-registered securities dealer authorized by the Financial Services Authority (FSA) under license number SD136. The acquisition is a strategic move aimed at establishing a significant presence in the Middle Eastern and Asian markets, with the deal expected to close by the third quarter of 2025, subject to customary closing conditions and regulatory approvals.
Transaction Highlights:
- Acquisition Structure: FDC intends to purchase
100% of Alchemy Global's shares, with the purchase price comprising Own Funds Capital and a premium of$2,000,000 m inus the Own Funds Capital. - Strong Financials: For the nine months ending September 30, 2024, Alchemy Global reported revenues exceeding
$4.00 million , a net income of$2.2 million , net assets of$3.88 million , client funds of over$6.7 million , and a working capital surplus of$3.80 million . - Strategic Value Addition: Post-acquisition, FDC plans to integrate its proprietary trading platform and advanced risk management systems into Alchemy Global, enhancing client offerings and operational efficiency.
Rationale for the Acquisition:
The acquisition of Alchemy Global is strategically aligned with FDC’s objective to expand its market footprint in emerging economies with high growth potential. The Middle East and Asia represent untapped opportunities in the financial trading and brokerage sectors, driven by increasing demand for innovative trading solutions. Alchemy Global’s established presence and regulatory credentials in Seychelles provide a credible platform for FDC to enter these markets seamlessly.
Seychelles: A Premier Jurisdiction for FX Brokers
Seychelles has emerged as a reputable jurisdiction for financial and securities dealers, offering a robust regulatory framework under the oversight of the Financial Services Authority. Major global brokers, including Plus500, XTB, and eToro, conduct business in Seychelles, leveraging its business-friendly policies and strategic location. This makes Seychelles a highly attractive base for Alchemy Global’s continued growth and FDC’s expansion strategy.
Please visit our SEC filings or the Company's website for more information on the full results and management's plan.
About Alchemy Global Ltd.
Incorporated in November 2022, Alchemy Global has quickly established itself as a competitive player in the securities trading industry. The company’s financial stability, operational efficiency, and commitment to client satisfaction make it an ideal partner for FDC’s ambitious growth plans.
FDCTech, Inc.
FDCTech, Inc. ("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, CFDs, 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.
Press Release Disclaimer
This press release's statements may be forward-looking statements or future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third party. Therefore, in no case will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.
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FDCTech, Inc.
info@fdctech.com
www.fdctech.com
+1 877-445-6047
200 Spectrum Center Drive, Suite 300,
Irvine, CA, 92618
FAQ
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