Smc Entertainment, INC

SMC Entertainment, Inc. has officially rebranded as Fyntechnical Innovations, Inc., changing its trading symbol to FYNN and signaling a strategic pivot towards the financial technology sector.

SMC Entertainment, Inc. has entered into a joint venture with Circle Energy Sweden AB to create Carbon Capital Solutions AB, a new entity focused on developing an AI-driven blockchain platform for carbon credit trading.

SMC Entertainment terminates the Chaintrade acquisition agreement, cancels an $8 million promissory note, and provides updates on audits, platform consolidation, and planned name/symbol change.

SMC Entertainment terminated its acquisition of Flax Tech, appointed a new auditor for Bateau Asset Management, and is consolidating its technologies under a new platform called FYNN AI.

SMC Entertainment, Inc. has announced a Letter of Intent to acquire Flax Tech, Ltd., a UK-based crypto disruptor, and the appointment of Eric Sherb as its new Chief Financial Officer.

SMC Entertainment has completed the acquisition of Bateau Asset Management, a boutique investment firm, marking its entry into the Australian and Southeast Asian financial services markets.

Fyntechnical Innovations Inc. reported a net loss for Q3 2025, despite a significant gain from debt extinguishment, as operating cash flow worsened and going concern doubts persist.

Fyntechnical Innovations reported a significant net income for the first half of 2025 driven by a large debt extinguishment, while integrating its Bateau acquisition and addressing going concern issues.

SMC Entertainment's Q1 2025 results show net income driven by a gain on debt extinguishment and the impact of the Bateau Asset Management acquisition.

SMC Entertainment reported a net income of $5.69 million for the third quarter of 2024, primarily driven by gains in the fair value of derivatives, despite ongoing operational losses.

SMC Entertainment reported a substantial net loss of $14.6 million for the second quarter of 2024, primarily driven by derivative valuation changes and acquisition expenses.

SMC Entertainment reported a net income of $155,813 for the first quarter of 2024, primarily due to a gain in the fair value of derivatives, despite ongoing concerns about the company's ability to continue as a going concern.

SMC Entertainment's 10-K filing reveals a substantial net loss of $8.43 million for 2024 and expresses substantial doubt about the company's ability to continue as a going concern.

SMC Entertainment's 10-K filing details the company's acquisition of Fyniti, a fintech firm with an AI-powered SaaS platform, and its plans for a beta launch in early 2024.

SMC Entertainment, Inc. is changing its name to Fyntechnical Innovations, Inc. and its trading symbol, subject to FINRA approval, to better reflect its focus on fintech technology development.