tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

FendX Technologies to Settle Debts with Share Issuance

Story Highlights
FendX Technologies to Settle Debts with Share Issuance

Claim 70% Off TipRanks This Holiday Season

An announcement from FendX Technologies, Inc. ( (TSE:FNDX) ) is now available.

FendX Technologies Inc. has announced its intention to settle outstanding debts totaling approximately $25,560 with two consultants by issuing 34,540 common shares at a deemed price of $0.74 per share. This move is part of the company’s strategic financial management and requires regulatory approval from the Canadian Securities Exchange. The settlement reflects FendX’s ongoing efforts to manage its financial obligations while advancing its market position in the surface protection industry.

More about FendX Technologies, Inc.

FendX Technologies Inc. is a surface protection company focused on developing innovative technology-based solutions to reduce the spread of harmful pathogens. The company leverages proprietary technologies to advance a portfolio of protective surface coatings, including REPELWRAP™ film and specialized coatings for medical devices, with a focus on enhancing hygiene and safety across healthcare, consumer, and commercial settings.

Average Trading Volume: 5,960

Technical Sentiment Signal: Sell

Current Market Cap: C$4.25M

For a thorough assessment of FNDX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1