Business
FendX Provides Shareholder Update
Oakville, Ontario--(Newsfile Corp. - April 7, 2025) - FendX Technologies Inc. (CSE: FNDX) (OTCQB: FDXTF) (FSE: E8D) (the "Company" or "FendX"), a nanotechnology company developing surface protection coatings to reduce the spread of pathogens, is pleased to provide the following letter to shareholders and investors from Dr. Carolyn Myers, the Company's President and CEO.Dear FendX Shareholders,Over the past several months, FendX has achieved significant milestones, driven by our commitment to inn
About this update from Fendx Technologies, Inc.
[{"type":"text","content":"Oakville, Ontario--(Newsfile Corp. - April 7, 2025) - FendX Technologies Inc. (CSE: FNDX) (OTCQB: FDXTF) (FSE: E8D) (the "Company" or "FendX"), a nanotechnology company developing surface protection coatings to reduce the spread of pathogens, is pleased to provide the following letter to shareholders and investors from Dr. Carolyn Myers, the Company's President and CEO.","length":396,"tagName":"p"},{"type":"text","content":"Dear FendX Shareholders,","length":24,"tagName":"p"},{"type":"text","content":"Over the past several months, FendX has achieved significant milestones, driven by our commitment to innovation and our mission to develop and commercialize advanced surface protection product solutions that enhance surface safety and significantly reduce the spread of harmful pathogens. As part of our strategic growth plans, we are focusing on expanding our portfolio through the assessment of new business development initiatives. These advancements reflect our strategic vision and the exceptional dedication of our talented team.","length":535,"tagName":"p"},{"type":"text","content":"As we continue to move forward, we remain committed to our strategic goals and are excited about the opportunities before us. We are confident that our continued progress will drive shareholder value while contributing to a safer, healthier future.","length":248,"tagName":"p"},{"type":"text","content":"Business Development InitiativesI am excited about an opportunity we are assessing to expand our current portfolio. In November 2024, we signed a letter of intent with US BioSolutions LLC and Scott Smith to enter into a supply agreement with US BioSolutions to manufacture and supply an eco-friendly sponge, along with the acquisition of two pending patents from Mr. Smith. Upon execution of the supply and acquisition agreements, FendX intends to commercialize the eco-friendly sponge within the cleaning and disinfecting markets targeting healthcare, households, hospitality, sports & entertainment and other high-touch, high traffic venues.","length":648,"tagName":"p"},{"type":"text","content":"This transaction will provide FendX with a new platform of surface cleaning sponge products that we consider a novel alternative to traditional cellulose and synthetic sponges. Unlike cellulose sponges, the eco-friendly sponge does not promo...