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FendX Technologies Proposes Equity Debt Settlement
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FendX Technologies Proposes Equity Debt Settlement

FendX Technologies, Inc. (TSE:FNDX) has released an update.

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FendX Technologies Inc., a Canadian nanotech firm specializing in pathogen-resistant surface coatings, has announced plans to settle $112,500 in advisory fees by issuing 500,000 common shares at $0.225 each. The transaction is pending regulatory approval and the new shares issued will be restricted from trading for four months and a day. FendX is advancing its product line, including a flagship protective film, REPELWRAP™, and a bifunctional spray coating, through collaborations with top academic institutions.

For further insights into TSE:FNDX stock, check out TipRanks’ Stock Analysis page.

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