Dividends & Buybacks ·
FDCTech, Inc. completed a one-for-100 reverse stock split effective July 10, 2026, reducing outstanding common shares…
FDCTFdctech, Inc.
FDCTech, Inc. completed a one-for-100 reverse stock split effective July 10, 2026, reducing outstanding common shares from approximately 423 million to roughly 4.2 million. On July 13, 2026, the company converted all 2,371,844 outstanding Series B Preferred Stock shares into 118,592,200 post-split common shares at a fixed rate of 50-to-1, leaving no preferred stock outstanding. Concurrently, the board eliminated conversion rights for Series A Preferred Stock and increased authorized capital to 765 million total shares (750 million common, 15 million preferred). These actions substantially increased insider ownership concentration among officers and principal shareholders. FDCTech operates in the technology sector.