Fintech Scion Limited entered into share exchange agreement to acquire HWGC Holdings Limited (OTCPK:HWGC) in a reverse merger transaction on August 9, 2022. The deal exchange for an aggregate of 101,666,666 shares of common stock of the Company. As a result of the Share Exchange, Fintech became a wholly owned subsidiary of the Company.

Fintech Scion Limited acquired HWGC Holdings Limited (OTCPK:HWGC) for $61 million in a reverse merger transaction on November 30, 2022.