FRX Innovations Announces Closing of the Sale of its Operating Subsidiary FRX Polymers, Inc. Amid Strategic Restructuring and Move to the NEX Board of the TSXV

FRX Innovations Announces Closing of the Sale of its Operating Subsidiary FRX Polymers, Inc. Amid Strategic Restructuring and Move to the NEX Board of the TSXV

Vancouver, BC – January 23, 2025 – FRX Innovations Inc. (“FRX Innovations” or the “Company”) (TSXV: FRXI), is pleased to announce the closing of its previously announced sale (the “Transaction”) of all of its equity interests in its wholly-owned operating subsidiary FRX Polymers, Inc. (“FRX Polymers”) to FRX Acquisition, Inc. (the “Purchaser”), an entity controlled by a group of predominantly European investors, pursuant to the terms and conditi…