FendX and Aquaox Sign MOU to Pursue Innovation in Sustainable Pathogen Elimination

Executive Summary

• FendX Technologies Inc. announced a Memorandum of Understanding with Aquaox LLC to negotiate and enter into a definitive collaboration and supply agreement for the development of eco‑friendly pathogen‑eliminating agents.
• The proposed partnership would allow Aquaox to develop and certify new disinfectant formulations, which FendX would incorporate into its cleaning and disinfectant product lines for healthcare, consumer and commercial markets.
• The MOU is non‑binding, runs for 12 months (extendable), and is subject to due diligence, corporate and regulatory approvals (including CSE approval).

Key Details

• MOU Date: November 17 2025; announced November 18 2025.
• Parties: FendX Technologies Inc. (CSE: FNDX) and Aquaox LLC (U.S. manufacturer of environmentally responsible disinfectants).
• Objective: Negotiate a definitive collaboration and supply agreement to develop advanced, eco‑friendly pathogen‑eliminating agents.
• Scope of Collaboration:
• Aquaox will design, develop, and maintain equipment needed to produce the new agents and will obtain EPA certifications for them.
• FendX will receive access to those certifications and will use the agents to create cleaning/disinfectant products of its choosing.
• All new intellectual property created by FendX in connection with product development will be owned by FendX; Aquaox retains ownership of any new EPA certifications.
• Term & Termination: 12‑month term (unless extended); terminable with 30 days’ written notice or upon execution of the definitive agreement.
• Conditions Precedent: Completion of final due diligence, receipt of all required corporate and regulatory approvals (including CSE approval where applicable). No assurance that the definitive agreement will be executed.
• Management Comments:
• Dr. Carolyn Myers, CEO of FendX, highlighted the collaboration as a strategic expansion into disinfectant and cleaning markets, complementing existing surface‑protection technologies.
• Michel van Schaik, CEO of Aquaox, emphasized alignment with Aquaox’s mission to deliver sustainable disinfection solutions and the growth opportunity presented by partnering with FendX.

Notable Quotes

• “This collaboration is an important step forward for FendX… Expansion into the disinfectant and cleaning market will complement our existing surface protection technologies and support our goal of reducing pathogen transmission.” – Dr. Carolyn Myers, CEO, FendX Technologies Inc.
• “Partnering with FendX aligns well with our mission and proven track record in sustainable disinfection… we see this MOU as an opportunity to extend that momentum by pioneering innovative, green technologies.” – Michel van Schaik, CEO, Aquaox LLC