Alchemy Markets Owner Wins Shareholder Backing to Prepare for Uplisting and Acquisitions

The parent company of broker Alchemy Markets has secured shareholder approval for a set of capital-structure changes designed to prepare the business for a move from the OTC markets to a major U.S. exchange and to support planned acquisitions.

What shareholders approved

Investors controlling the majority of FDCTech‘s voting power agreed to increase the company’s authorized share counts: common stock from 500 million to 750 million shares, and preferred stock from 10 million to 15 million shares. The board was also granted authority to enact a reverse stock split in the range of 1-for-10 to 1-for-100, with that power exercisable through June 30, 2026.

FDCTech emphasized these actions are procedural tools that do not change current ownership stakes. Rather, they are intended to align the companys capital structure with the expectations and technical requirements common on national exchanges.

What is the Significance

Up-listing from the OTC to a national exchange such as Nasdaq or the NYSE is expected to broaden institutional access, boost liquidity, and attract greater analyst coverage. FDCTech said the capital-authority changes will also give the company flexibility to meet regulatory and listing prerequisites — while creating room for potential acquisitions as part of a growth strategy.

Management and insiders reportedly retain a significant ownership position, which FDCTech presented as an alignment of interests with public shareholders.

Next steps

With shareholder approvals in hand, FDCTech can pursue the operational and regulatory steps necessary for an exchange application and continue evaluating acquisition opportunities that complement its Alchemy Markets business.