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FendX Technologies, Inc. ( (TSE:FNDX) ) has issued an update.
FendX Technologies Inc. announced that its REPELWRAP™ film has successfully maintained its pathogen-repelling properties in a second real-world test, reinforcing the product’s potential in reducing contamination on high-touch surfaces. Additionally, the company is enhancing its financial stability by converting outstanding loans and accounts payable into securities, a move that involves issuing common shares and warrants, subject to regulatory approvals, to settle debts, including those owed to insiders.
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 in everyday environments. Their primary product, REPELWRAP™ film, is a protective surface coating that uses award-winning nanotechnology to repel pathogens, bacteria, and viruses, with potential applications in healthcare and other industries.
Average Trading Volume: 31,109
Technical Sentiment Signal: Sell
Learn more about FNDX stock on TipRanks’ Stock Analysis page.