Fendx signs MOU with Aquaox on green pathogen agents

Executive Summary

• Fendx Technologies Inc. has signed a Memorandum of Understanding (MOU) with Aquaox LLC to pursue a collaboration for developing eco-friendly pathogen-eliminating agents.
• The partnership aims to combine Aquaox’s disinfection and manufacturing expertise with Fendx’s product development capabilities to create new cleaning and disinfectant products for healthcare, consumer, and commercial markets.
• The transaction is subject to final due diligence, corporate approvals (including potentially the Canadian Securities Exchange), and regulatory approvals, with no assurance that a definitive agreement will be executed.

Key Details

• Parties: Fendx Technologies Inc. (Surface protection company) and Aquaox LLC (US-based manufacturer of environmentally responsible disinfectants).
• Agreement Type: Memorandum of Understanding (MOU) dated November 17, 2025.
• Objective: To negotiate and enter into a collaboration and supply agreement for developing advanced formulations of eco-friendly pathogen-eliminating agents.
• Product Application: Fendx intends to use these agents in new cleaning and disinfectant products for healthcare, consumer, and commercial markets.
• Roles and Responsibilities:
  • Aquaox: Will oversee the development and maintenance of equipment required to produce and supply the agents.
  • Fendx: Will use the agents to develop cleaning and disinfectant products of its choosing.
• Intellectual Property Terms:
  • Any products developed by Fendx and any new intellectual property will be owned by Fendx.
  • Aquaox will own all new EPA certifications granted for the agents and provide Fendx access to these certifications.
• Conditions Precedent: Final due diligence, receipt of applicable corporate and regulatory approvals (including Canadian Securities Exchange, if applicable).
• MOU Terms:
  • Term: 12 months, unless extended.
  • Termination: Can be terminated with 30 days' written notice.
  • Superseded by: A definitive agreement.
• Risk Disclosure: There is no assurance that the definitive agreement will be entered into as proposed or at all.

Notable Quotes

• Dr. Carolyn Myers, CEO of Fendx: "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."
• Michel van Schaik, CEO of Aquaox: "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 partnering with Fendx to pioneer innovative, green technologies that advance how we protect health and hygiene."