Charging Robotics Ltd. signed a non-binding letter of intent to acquire Fuel Doctor Holdings, Inc. (OTCPK:FDOC) in a reverse merger transaction on March 11, 2022. As a result of the transaction, Medigus Ltd., the parent company of Charging Robotics, will receive 80% of the issued and outstanding share capital of Fuel Doctor. Upon closing, Medigus will appoint nominees as officers and directors of Fuel Doctor.