Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from FendX Technologies, Inc. ( (TSE:FNDX) ) is now available.
FendX Technologies Inc. has successfully closed a fully subscribed non-brokered private placement, raising $710,005 through the issuance of 4,176,500 units at $0.17 per unit. The funds will be used to advance research and development projects, as well as for working capital and general corporate purposes, including marketing and investor relations. This financial move is expected to bolster FendX’s operational capabilities and market presence, particularly in the development of its pathogen-repelling surface protection products.
More about FendX Technologies, Inc.
FendX Technologies Inc. is a Canada-based nanotechnology company that focuses on developing products to enhance safety by reducing pathogen spread. The company is working on film and spray products designed to protect surfaces from contamination, with its lead product, REPELWRAP™ film, being a protective surface coating that prevents pathogen adhesion and reduces transmission.
YTD Price Performance: -20.59%
Average Trading Volume: 88,258
Technical Sentiment Consensus Rating: Buy
See more data about FNDX stock on TipRanks’ Stock Analysis page.