FendX Technologies Inc Stock Price, News & Analysis

FendX Technologies, a nanotechnology company focused on surface protection coatings to reduce pathogen spread, has started trading on Germany's Tradegate Exchange under the ticker symbol 'E8D'.

This move aims to broaden its investor base and offer European investors easier access to its shares with low transaction costs. Dr. Carolyn Myers, President and CEO, expressed excitement about this development, which complements FendX's existing listings on the Frankfurt Stock Exchange.

Tradegate Exchange, 60% owned by Deutsche Börse AG, is a fully regulated platform facilitating the trading of over 10,000 securities globally.

FendX Technologies announced plans to conduct real-world testing of its REPELWRAP™ film with Draganfly, a leading drone solutions developer. This collaboration aims to test the film's repelling properties by covering parcel delivery boxes on Draganfly's heavy-lift drones exposed to environmental stresses. Testing results aim to confirm the film's performance, as previously seen in lab settings. Other testing sites include Giulietta, Island View Place Care, and El Mocambo. These diverse environments are expected to contribute valuable insights for the product's final design.

FendX Technologies will present its nanotechnology advancements at the 107th Canadian Chemistry Conference and Exhibition (CSC 2024) in Winnipeg, Manitoba, on June 6, 2024. Professor Tohid Didar from McMaster University will discuss FendX's REPELWRAP™ film and spray nanotechnology in a talk titled 'Nano-engineered interfaces for diagnostics, therapeutics, and infection control.' This event showcases Canadian chemistry research and innovation, providing a platform for FendX to highlight its progress in developing surface protection coatings for high-touch areas prone to contamination.

FendX Technologies announced a new development opportunity for its spray nanotechnology in collaboration with McMaster University. The technology combines surface protection with AI and colorimetric sensors to detect bacterial contamination. This formulation can achieve over 96% reliability in identifying bacteria on surfaces through a color change. The development is covered under existing agreements and requires no additional research funding. Dr. Carolyn Myers, CEO, highlighted the potential of this technology to complement existing projects and contribute to their goal of mitigating the spread of lethal pathogens.

FendX Technologies provides an update on its spray nano-coating development, nearing the completion of its formulation to facilitate a tech-transfer to nanoComposix for intermediate scale-up. The formulation work, in collaboration with McMaster University, has streamlined the production of nanoparticle suspension, now using an all-in-one suspension that is easier to scale and apply. Once finalized, nanoComposix will assess and produce larger batch sizes for further testing. The spray nano-coating, alongside REPELWRAP™ film, has shown significant effectiveness in reducing bacterial and viral adhesion, potentially minimizing surface contamination.

FendX Technologies has announced a third real-world testing site for its REPELWRAP™ film at El Mocambo, a prominent live music venue in Toronto. The company aims to test the nanotechnology-based surface protection film on high-touch surfaces over approximately four weeks to validate its performance. FendX previously announced similar testing at Giulietta, a Michelin Guide recommended restaurant, and Island View Place Care, a senior care facility. These tests are part of FendX's plan to gather data for the final product design and move towards large-scale commercial production.

FendX Technologies Inc. announces real-world testing of REPELWRAP(TM) film with Island View Place Care, a senior living facility, after successful completion of a manufacturing process with Dunmore International Inc. The company also plans to conduct testing at Giuletta, an Italian restaurant. Furthermore, FendX enters into an agreement with Spark Newswire for investor relations consulting services.

FendX Technologies Inc. is preparing to conduct real-world testing of their REPELWRAP™ film at Giulietta restaurant in Toronto, Ontario. The company is working with Dunmore International Inc. to optimize the manufacturing process for commercial production. The testing will assess the film's repelling properties on high touch surfaces over a four-week period. The results will help enhance the product design for future commercialization.

FendX Technologies Inc. will be presenting at the Emerging Growth Conference on May 9, 2024, providing a virtual update on the Company's recent achievements in nanotechnology surface protection coatings. The presentation will take place at 3:25 PM EST. An archived webcast will be available for those unable to attend live.