OTC Stocks News Catalyst Watchlist (FDCT, NEXCF, SPZI, IFUS)
For investors looking to secure profits, a go-to strategy is identifying stocks on the upswing. These momentum-driven stocks can sustain their upward trajectory for multiple trading sessions, presenting savvy investors with promising gains. Positive news often acts as a key driver, propelling these stocks to new heights.
Let’s zero in on four stocks that have recently notched significant gains surrounding news releases, which could make them worthy additions to your watchlist.
FDCTech, Inc. (OTC: FDCT) recently witnessed a positive performance in its stock, with a 41.38% increase on December 8th. On Thursday, before the price increase, a significant announcement was made regarding updates on the final agreement for the purchase of Alchemy Group companies and direct investment.
The company revised the acquisition date to November 30, 2023, for full ownership of Alchemy Prime Ltd. (Alchemy UK) and the remaining 49.90% stake in Alchemy Markets Ltd. (Alchemy Malta). The transaction involves Series B Preferred Stock, valued at $1.41 per share.
In addition to the acquisition, FDCTech will receive a $2,500,000 direct investment for Series A Preferred Stock at $1.00 per share and a $5,500,000 direct investment for Common Stock at $0.11 per share from Alchemy Prime Holdings shareholders.
The Board of Directors approved these actions, with the acquisition date amendment, Series B preferred stock issuances for both Alchemy UK and Alchemy Malta, and substantial investments in Series A and Common Stock. This move positions FDCTech for growth and operational enhancement.
Notably, the decision to streamline margin brokerage operations led to the exclusion of Alchemy Markets DMCC (Alchemy UAE) from the acquisition plan. Alchemy Malta now handles all margin brokerage activities that Alchemy UAE used to handle.
The acquisition involves purchasing shares of Alchemy UK and Alchemy Malta from Alchemy Prime Holdings Limited and its sole shareholder, Gope S. Kundnani. This related party’s controlling interest in the companies is anticipated to facilitate a smooth regulatory approval process by the Financial Conduct Authority (FCA UK) and the Malta Financial Services Authority (MFSA).
FDCTech maintains its focus on serving the European, Asian, and Australian markets, solidifying its position as a premier online trading and investment platform. The management is dedicated to seamlessly integrating recent acquisitions into its proprietary technology infrastructure to achieve cost synergies and operational efficiencies.
In this move, FDCTech has acquired Alchemy Markets Ltd. and Alchemy Prime Limited, both renowned entities in the financial services sector. Alchemy Markets, based in Malta, provides trading platform services, whereas Alchemy Prime Limited, based in the United Kingdom and regulated by the Financial Conduct Authority, is an award-winning broker with a large liquidity network.
Furthermore, the inclusion of AD Advisory Services Pty Ltd., an independent specialist dealer group based in Australia, complements FDCTech’s commitment to comprehensive financial services.
These developments mark a significant milestone in FDCTech’s operational history, demonstrating a purposeful strategy for growth and expansion in the competitive financial technology landscape.
Nextech3D.ai (OTCQX: NEXCF) is a versatile augmented reality and AI technology company specializing in crafting immersive 3D experiences for e-commerce. The company’s primary focus lies in creating high-quality 3D WebAR photorealistic models for major online retailers, including Amazon.
What sets Nextech3D.ai apart is its innovative approach to creating shareholder value. Beyond excelling in developing 3D models, the company actively acquires disruptive AI technologies, spinning them out as standalone public companies. This unique strategy allows Nextech3D.ai to issue stock dividends to shareholders while retaining significant ownership in the public spin-outs, avoiding dilution.
Recent successes include the spin-out of “ARway,” its spatial computing platform, as a standalone public company on October 26, 2022. Nextech3D.ai retains a 49% stake in ARway Corp. The second spin-out, Toggle3D.ai, an AI-powered 3D design studio aiming to compete with Adobe, has also been accomplished, with Nextech3D.ai holding a 44% stake in Toggle3D.ai Corp.
NEXCF witnessed a significant leap in its stock value, closing at 0.18 USD with a notable gain of 40.97% on December 8, 2023. This surge follows pivotal announcements from the versatile augmented reality (AR) and artificial intelligence (AI) technology company.
The core of Nextech3D.ai’s operations lies in crafting immersive 3D experiences at scale for e-commerce giants, with a primary emphasis on creating top-tier 3D WebAR photorealistic models. What sets the company apart is not just its operational prowess but its innovative approach to creating shareholder value.
Nextech3D.ai develops and acquires disruptive AI technologies, which are then spun out to shareholders as standalone public entities. This unique spin-out strategy allows the company to issue stock dividends to its shareholders while safeguarding significant ownership in the public spin-out, effectively avoiding dilution to the parent company.
Two standout successes in this spin-out strategy include “ARway,” the spatial computing platform, and Toggle3D.ai, an AI-powered 3D design studio aimed at competing with industry giant Adobe. The former was successfully spun out as a standalone public company on October 26, 2022, with Nextech3D.ai retaining a 49% stake in ARway Corp. and distributing 4 million shares to Nextech shareholders. The latter, Toggle3D.ai, marks another triumph, with Nextech3D.ai maintaining a 44% stake with 13 million shares in Toggle3D.ai Corp.
Spooz, Inc. (OTC: SPZI) saw some unprecedented attention from investors on Friday, leading to an extraordinary 400.00% increase in its stock price. Last Friday, SPZI disclosed a Memorandum of Understanding (MOU) with John K. Park, setting the stage for a change in leadership. Mr. Park is slated to become chairman initially and is expected to transition to the role of CEO within the next 30 days. During this period, current CEO Paul D. Strickland, Jr., will oversee the administrative processes to ensure a smooth handover.
This move signals a significant shift for Spooz, Inc., with the company poised for fresh perspectives under new leadership. While Spooz, Inc. is navigating a moment of change,the market seems to be responding with heightened interest in the company’s trajectory.
Impact Fusion International Inc. (OTC: IFUS) experienced a significant stock surge on December 8, 2023, closing at $0.069 USD, marking a notable increase of $0.019 (38.68%) by 4:00 PM EST. This surge was concurrent with the announcement of a collaboration with Agriglow Biotech of India.
Following a meeting on November 18, 2023, with an Indian consortium, including a facility tour in Napoleonville and reciprocal visits to the LaFourche Sugar Refinery, a fully executed Letter of Intent and Non-Disclosure Agreement were formalized on December 7, 2023.
With a USDA permit in hand, IFUS is set to import two metric tons (4400 lbs) of bagasse harvested in India, shipping it from the Port of Mumbai to the Port of New Orleans via a Maersk-operated container vessel, with an estimated transit time of about 28 days.
Upon receipt, Impact Fusion plans to process the contents at its research and technology facility. The processed SGP+2.0 will then be sent back to India for comprehensive testing on dairy cows by Agriglow Biotech, with results expected by late February to early March 2024.
Simultaneously, IFUS is actively researching the availability of key components in India to replicate its successful operation in Napoleonville. An “Economic Viability Footprint of Impact Fusion SGP+ Production Plant” outlines a robust production model, projecting 35 barrels per hour at 2200 lbs.
To oversee the project, a dedicated team member has volunteered to relocate to India, ensuring strict adherence to manufacturing and implementation protocols. Once proven successful, the SGP+ Footprint aims to be replicated in sugarcane-growing areas globally, showcasing significant upside potential.
In parallel, Impact Fusion’s customer-centric approach was evident in a visit to an Iowa ranch on November 29, 2023, which manages 8500 head of cattle. The provision of a SuperSax of SGP+ for testing underscores the company’s dedication to hands-on support as the ranch adjusts its feeding regime using SGP+.