FinanceMagnates
FDCTech, the owner of CFD broker Alchemy Markets, has
secured shareholder approval to adjust its capital structure and prepare for
uplisting to a major U.S. exchange. The company said the measures will support
acquisitions and give it flexibility to meet regulatory requirements for a
Nasdaq or NYSE listing.Shareholder ApprovalsInvestors controlling most of FDCTech’s voting rights agreed to increase the authorized common stock from 500 million to 750 million and the preferred stock from 10 million to 15 million…
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Alchemy Markets Owner FDCTech Wins Investor Backing for Uplisting and Acquisition Plans
FDCTech, the owner of CFD broker Alchemy Markets, has secured shareholder approval to adjust its capital structure and prepare for uplisting to a major U.S. exchange. The company said the measures will support acquisitions and give it flexibility to meet regulatory requirements for a Nasdaq or NYSE listing.Shareholder ApprovalsInvestors controlling most of FDCTech’s voting rights