Smc Entertainmnt Stock Price, News & Analysis

SMC Entertainment (OTCID:SMCE) has received FINRA approval for its corporate rebranding to Fyntechnical Innovations Inc., with its stock symbol changing from "SMCE" to "FYNN". The company will temporarily trade as "SMCED" for 20 business days before transitioning to the new symbol.

As part of the rebranding, the company will update its marketing materials and transition its website from smceinc.com to fyntechnical.com. CEO Erik Blum emphasized that this rebranding aligns with the company's Fintech-focused strategy and aims to attract revenue growth through acquisitions while enhancing shareholder value.

SMC Entertainment (OTC:SMCE) has announced a strategic joint venture with Circle Energy Sweden AB, forming a new entity called Carbon Capital Solutions AB in Stockholm, Sweden. The JV will have an initial capital of 5,000,000 SEK (approximately US$530,000).

Circle Energy will own 51% of the venture, contributing 500 million unrestricted shares at 0.01 SEK, while SMC will own 49% and contribute its proprietary FYNN AI Platform. The JV aims to develop a blockchain-based platform for carbon credit trading, with a Beta launch expected in Q3 2025. Both companies will have equal board representation, and all intellectual property developed will be owned by the JV.

SMC Entertainment (OTC PINK:SMCE), a Fintech incubator company, has announced a Letter of Intent (LOI) with Circle Energy Sweden AB, a Nasdaq First North-listed company, to develop a blockchain-based carbon credit platform. The platform will utilize SMC's Fyntechnical FYNN AI Platform on the Solana network to facilitate global carbon credit trading, both mandatory and voluntary. The FYNN AI system will provide a white-label solution to identify, manage, and trade carbon credits while ensuring transparency. The LOI is expected to be finalized into a full agreement by June 20, 2025. This partnership aims to establish Circle Energy's new Carbon Capital Solutions Division, leveraging AI technology to connect buyers and sellers in the global carbon credit market.

SMC Entertainment has launched Plato's Web3 browser, marking a significant advancement in decentralized application access. The company entered a technology deployment agreement with Plato Technologies to implement a cross-platform Web3 browser specifically designed for the Solana Ecosystem.

The browser integrates multiple key components: React-based frontend applications, Node.js middleware, and Rust components for Solana blockchain interactions. Notable features include:

• Multi-wallet support and DeFi trading capabilities
• Embedded wallet system with AES-256 encryption
• dApp discovery interface for seamless exploration
• Real-time transaction monitoring and notifications

The system prioritizes security through local private key storage, explicit transaction approval requirements, and encrypted communications via HTTPS and WSS protocols. This development aligns with SMC's position as a Fintech incubator focused on acquiring and supporting commercialized financial services and technology companies.

SMC Entertainment (OTC PINK:SMCE) has announced several key developments: completion of 2023 and 2024 audited financials by RBSM, and consolidation of technologies under FYNN AI platform, which serves over 3,000 active free users providing research on multiple global equities and cryptocurrencies.

The company successfully unwound the Chaintrade acquisition through a court ruling on April 18, 2025, resulting in the cancellation of an $8 million promissory note and $358,356.16 in accrued interest. SMC has filed for a corporate name change to 'Fyntechnical Innovations Inc.' and symbol change from SMCE to 'FYNN', pending FINRA approval.

The company is implementing a 'razor and razor blade' business model, offering free research while generating revenue through its trading platform and white-label licensing. Platform expansion to include Australian and UK securities is planned by June 30, 2025.

SMC Entertainment (OTC PINK:SMCE) announced two major developments: First, the consolidation of its technology platforms (Fyniti, Chaintrade AI, AI Advisor, and Plato partnership) under a single platform called FYNN AI. This consolidation aims to streamline product offerings, eliminate redundancies, and accelerate feature deployment in the AI market space.

Second, following the January 8, 2025 acquisition of Bateau Asset Management, an Australia-based boutique investment manager, SMC has engaged New York-based RBSM LLP to conduct Bateau's financial audit for fiscal year 2025. Bateau's Q1/2025 financial performance will be included in SMC's first quarter 2025 consolidated results.

SMC Entertainment (OTC PINK: SMCE) has signed a Letter of Intent to acquire 100% of Flax Tech , a United Kingdom-based crypto disruptor company. The acquisition, pending due diligence and a definitive purchase agreement, will make Flax a wholly-owned subsidiary of SMC, with Surya Chowdhury continuing as its founder and president.

The company also announced the appointment of Eric Sherb of EMS Consulting Services as its new Chief Financial Officer, replacing Adam Yang. CEO Erik Blum stated they are working on integrating their legacy platforms into Fyntechnical.com, with the Flax Tech platform expected to enhance their FYNN AI model.

Flax Tech specializes in developing a disruption platform for crypto research, AI interaction, and trading, including proprietary technology and infrastructure.

SMC Entertainment (OTC PINK: SMCE) has completed the acquisition of Bateau Asset Management, an Australia-based boutique investment manager, marking its entry into the Southeast Asian financial services market. The transaction involves SMC acquiring 100% of Bateau in exchange for 14,000,000 shares of Series C Preferred Stock and $2,000,000 in convertible promissory notes.

Bateau, established in 2016, specializes in absolute-return investment strategies through a multi-manager approach. The company provides investment research and education services, focusing on creating comprehensible absolute return portfolios for its high-net-worth clientele. This acquisition brings to SMC an experienced global client services team based in Australia and Singapore, along with research and advisory capabilities that complement SMC's Fintech platform.

SMC Entertainment (OTC PINK:SMCE) has executed an Acquisition Agreement to acquire Bateau Asset Management, an Australia-based boutique investment manager, for 14,000,000 shares of Series C Preferred Stock and $2,000,000 in convertible promissory notes. The acquisition marks SMC's entry into the Southeast Asian Fintech market. Bateau, operating since 2016, offers absolute-return investment services through a multi-manager approach, including investment research and education focused on constructing understandable absolute return portfolios for high-net-worth clients. The company maintains client service teams in Australia and Singapore.