FendX Commences Trading on Germany's Tradegate Exchange
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 has commenced trading on the Tradegate Exchange, expanding its reach in the European market.
- The new listing offers European investors lower transaction costs.
- The Tradegate Exchange is a fully regulated platform, adding credibility to FendX's listings.
- The listing complements existing trading on the Frankfurt Stock Exchange, enhancing liquidity.
- No financial data or projections were provided in the press release, offering insight into immediate impacts on stock performance.
- The press release did not mention any new strategic partnerships or revenue-generating contracts.
Oakville, Ontario--(Newsfile Corp. - June 5, 2024) - FendX Technologies Inc. (CSE: FNDX) (OTCQB: FDXTF) (FSE: E8D) (the "Company" or "FendX"), a nanotechnology company developing surface protection coatings to reduce the spread of pathogens, is pleased to announce that its common shares have commenced trading on the Tradegate Exchange under the ticker symbol "E8D".
"We are excited to have commenced trading on the Tradegate Exchange which allows us to share our story with investors seeking innovation and excellence in the nanotechnology sector more broadly" said Dr. Carolyn Myers, President and CEO of FendX.
The Tradegate Exchange is a fully regulated German trading exchange,
About FendX Technologies Inc.
FendX is a Canada-based nanotechnology company focused on developing products to make people's lives safer by reducing the spread of pathogens. The Company is developing both film and spray products to protect surfaces from contamination. The lead product under development, REPELWRAP™ film, is a protective surface coating film that, due to its repelling properties, prevents the adhesion of pathogens and reduces their transmission on surfaces prone to contamination. The spray nanotechnology is a bifunctional spray coating being developed to reduce contamination on surfaces by repelling and killing pathogens. The Company is conducting research and development activities using its nanotechnology in collaboration with industry-leading partners, including McMaster University. The Company has exclusive worldwide licenses to its technology and IP portfolio from McMaster, which encompass both film and spray coating nanotechnology formulations.
ON BEHALF OF THE BOARD
"Carolyn Myers"
Carolyn Myers
Chief Executive Officer and Director
Contacts:
Dr. Carolyn Myers, CEO and Director
1-800-344-9868
Alyssa Barry, Investor Relations
1-833-947-5227
investor@fendxtech.com
For more information, please visit https://fendxtech.com/ and the Company's profile on SEDAR+ at www.sedarplus.ca.
Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain forward-looking statements within the meaning of Canadian securities legislation, including with respect to: the plans of the Company; statements regarding Tradegate Exchange trading and benefits related thereto; and products under development and any pathogen reduction benefits related thereto. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,” “prospective,” and similar expressions, or that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and involve several risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and that actual results and future events could differ materially from those anticipated in such statements.
Important factors that could cause future results to differ materially from those anticipated in these forward-looking statements include product candidates only being in formulation/reformulation stages; limited operating history; research and development activities; dependence on collaborative partners, licensors and others; effect of general economic and political conditions; and other risk factors set forth in the Company’s public filings which are available on SEDAR+ at www.sedarplus.ca. The reader is urged to refer to such public filings for a more complete discussion of such risk factors and their potential effects. Except to the extent required by applicable securities laws and the policies of the Canadian Securities Exchange, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors should change.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/211728
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