Recent Updates — MDWK

MDWerks, Inc. announced on August 3, 2026, that its subsidiary RF Specialties signed a non-binding Letter of Intent with Rex Lumber Company to form a proposed joint venture named RF-REX Co. The venture will focus on developing and commercializing radio frequency-based solutions for the lumber industry, including molecular sawdust drying and board straightening. Under the agreement, RF Specialties is expected to hold a 51% ownership interest while Rex Lumber holds 49%. Rex Lumber plans to contribute sales leadership, distribution capabilities, and a substantial multi-million-dollar initial capital investment. The LOI is non-binding and subject to definitive agreements and customary closing conditions. MDWerks operates in the molecular targeting technology sector, developing proprietary energy-wave platforms for industrial processes.

MDWerks, Inc. expanded its board of directors from five to six members on July 9, 2026, appointing Jeffrey Scott Hopmayer as an independent director. Mr. Hopmayer's three-year term commenced on June 26, 2026, with compensation including $5,000 quarterly cash payments and 500,000 shares of common stock. MDWerks, Inc. operates in the technology sector and provides specialized software or hardware solutions.