MEDICAL EXERCISE INC. 8-K/A

What Happened

• MEDICAL EXERCISE INC. filed a Form 8-K on May 8, 2026, disclosing that on May 6, 2026 it entered into a Franchise Agreement with Degco Fitness Ventures Ltd., a Regina, Saskatchewan, Canada corporation.
• The agreement grants Degco the rights to own and operate the first OnCore Longevity Center franchise location in Regina. Management labeled the agreement a material definitive agreement because it marks the company’s initial expansion into the Canadian market and the start of a franchise-based revenue model. A press release dated May 6, 2026 was attached as Exhibit 99.1.

Key Details

• Agreement date: May 6, 2026; Form 8-K filed: May 8, 2026.
• Franchisee: Degco Fitness Ventures Ltd., based in Regina, Saskatchewan, Canada.
• Scope: Rights to own and operate the first OnCore Longevity Center franchise in Regina.
• Company view: Management considers this a material definitive agreement and the start of franchise-based revenue; no financial terms were disclosed in the filing.

Why It Matters

• This is the company’s first announced entry into the Canadian market and signals a shift toward growing via franchising rather than solely corporate-owned locations.
• For investors, the move could affect future revenue mix (franchise fees and royalties versus direct revenue) and growth prospects; however, the filing does not provide financial terms, timelines for opening, or revenue projections.
• Watch for follow-up disclosures or press releases that detail financial arrangements, store opening dates, and anticipated revenue impact.