MEDICAL EXERCISE INC. 8-K

What Happened

• MEDICAL EXERCISE INC. filed an 8-K on May 8, 2026 reporting that on May 6, 2026 it entered into a Franchise Agreement with Degco Fitness Ventures Ltd., a Regina, Saskatchewan corporation. The agreement grants Degco the rights to own and operate the first OnCore Longevity Center franchise location in Regina. The company also issued a press release on May 6, 2026 announcing the deal (Exhibit 99.1).

Key Details

• Franchise partner: Degco Fitness Ventures Ltd. (Regina, Saskatchewan, Canada).
• Effective/announced date: May 6, 2026; 8-K filed May 8, 2026.
• Scope: Rights to own and operate the first OnCore Longevity Center franchise in Regina — marks company's initial expansion into the Canadian market.
• Company view: Management deems the Franchise Agreement a material definitive agreement as it begins the company’s franchise-based revenue model.
• Filing note: The 8-K includes a press release (Exhibit 99.1); the filing does not disclose specific financial terms of the agreement.

Why It Matters

• This is the company’s first move to expand outside the U.S. and the first use of a franchise model, which could change how the company grows and recognizes future revenue. For investors, the deal signals a strategic shift toward franchising and international expansion, though no revenue, fees or financial projections were provided in the filing.