MDwerks, Inc. entered into an agreement to acquire RF Specialties Group from Keith A. Mort for $0.3 million on January 19, 2023. Consideration will be paid as 7.5 million shares of MDwerks to Keith A. Mort. Immediately after the exchange of shares, RFS will become a wholly owned subsidiary of the MDwerks.

Transaction is subject to approval of MDwerks board, all required Governmental Authorities and completion of due diligence review and examination of RFS. MDwerks board approved the transaction. As of December 28, 2023, MDWerks today also announced that Michael J. Nordlicht has resigned from the Company?s Board of Directors and as the Company?s Chief Operating Officer, effective immediately.

His duties with the Company will be assumed by Steven Laker, CEO. John Cacomanolis of Anthony L.G., PLLC served as legal advisor to MDwerks, Inc.