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FendX Technologies, Inc. ( (TSE:FNDX) ) has issued an announcement.
FendX Technologies Inc. announced a consolidation of its common shares, exchanging ten pre-consolidation shares for one post-consolidation share, effective August 18, 2025. This move is intended to optimize the company’s share structure, potentially attracting additional financing and positioning FendX for growth and increased shareholder value. The consolidation reflects FendX’s strategic efforts to enhance its market position and operational flexibility, with implications for shareholders and the company’s future financial opportunities.
More about FendX Technologies, Inc.
FendX Technologies Inc. is a surface protection company that utilizes proprietary technology to develop products aimed at reducing the spread of harmful pathogens. The company focuses on eco-friendly solutions, including a smart sponge for effective cleaning, REPELWRAP™ film, and spray-based coatings for pathogen reduction on high-touch surfaces. Additionally, FendX is working on specialized catheter coatings and holds exclusive licenses for its technologies.
Average Trading Volume: 47,133
Technical Sentiment Signal: Hold
Current Market Cap: C$4M
See more insights into FNDX stock on TipRanks’ Stock Analysis page.