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.
FendX Technologies, Inc. ( (TSE:FNDX) ) has issued an announcement.
FendX Technologies Inc. has entered into a consulting agreement to support the launch of its eco-friendly sponge and explore strategic licensing and acquisition opportunities. The agreement, effective from June 15 to December 31, 2025, involves a monthly fee partly paid in company shares and includes an option for renewal. This move is expected to bolster FendX’s market positioning by expanding its product offerings and enhancing its strategic growth initiatives.
More about FendX Technologies, Inc.
FendX Technologies Inc. is a surface protection company that leverages proprietary technology to develop solutions aimed at reducing the spread of harmful pathogens. The company focuses on eco-friendly products, such as a smart sponge for effective cleaning, and protective coatings like REPELWRAP™ film and specialized catheter coatings. FendX holds exclusive licenses for its technologies and targets consumer, retail, and commercial markets worldwide.
Average Trading Volume: 31,863
Technical Sentiment Signal: Hold
For a thorough assessment of FNDX stock, go to TipRanks’ Stock Analysis page.