Medinotec Inc.

Medinotec Inc. is a medical device company that generates revenue from two main sources: internally designed and manufactured proprietary medical devices, and the distribution of third-party medical products. The company was registered on April 26, 2021, in Nevada. On April 26, 2022, Medinotec Inc. acquired DISA Medinotec Proprietary Limited, a South African corporation, from Minoan Medical Proprietary Limited. This acquisition was executed through a Share Exchange Agreement, where Medinotec Inc. acquired all capital stock of DISA Medinotec Proprietary Limited in exchange for stock issuance at par value and the transfer of an outstanding loan account. The purchase was finalized between Minoan and Medinotec Capital Proprietary Limited, a newly established investment vehicle of Medinotec Inc. in South Africa, which Medinotec Inc. registered as a shelf company by injecting $10,000 into it on December 18, 2021. Medinotec Capital Proprietary Limited acts as the acquisition vehicle for Medinotec Inc. in Africa. Together, these companies form the Medinotec Group of Companies. Medinotec Inc.'s proprietary products include the Trachealator (a non-occlusive airway dilation balloon), the Outflo Aortic Valve Dilation Balloon Catheter, and the Cape Cross family of PTCA balloon catheters. The company also distributes a range of cardiology and renal dialysis products from multinational manufacturers, primarily in South Africa, under exclusive or non-exclusive agreements in defined territories. DISA Medinotec Proprietary Limited originated from DISA Vascular 2015, a South African medical device business focused on vascular technologies. DISA Medinotec has historically developed and manufactured medical devices for cardiology and airway-related procedures, selling them through distributors in South Africa and certain international markets. The Group continues its medical device manufacturing activities from Johannesburg, South Africa, where its facility houses manufacturing, warehousing, quality, regulatory, and administrative functions.