Nexera Technologies: Subsidiary Fort Technology Commences Trading on Nasdaq Under Ticker “FRTT” Today
Rhea-AI Summary
Nexera Technologies (Nasdaq:NEXR) announced that majority-owned subsidiary Fort Technology has received approval to list on the Nasdaq Capital Market under ticker FRTT, with trading expected to begin today.
Based on June 4, 2026 TSXV closing price, Fort’s market cap was about US$46.4 million, and Nexera will hold approximately 70.94% of Fort’s outstanding common shares. Fort will also continue trading on the TSX Venture Exchange under “FORT”. No shareholder action is required.
AI-generated analysis. Not financial advice.
Positive
- Fort Technology approved to list on Nasdaq Capital Market under ticker FRTT
- Fort dual-listed on Nasdaq and TSX Venture Exchange (symbol FORT)
- Nexera to retain approximately 70.94% ownership of Fort common shares
- Fort market capitalization about US$46.4 million as of June 4, 2026
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
No peer stocks in the Internet Retail group appeared in the momentum scanner, suggesting the -22.44% move in NEXR ahead of this listing news was stock-specific rather than part of a sector-wide shift.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jun 04 | Fort Nasdaq approval | Positive | +52.9% | Nasdaq Capital Market listing approval for majority-owned Fort Technology. |
| May 05 | AI product launch | Positive | +6.8% | Launch of VocentraAI real-time AI decision support for voice communications. |
| Apr 28 | Defense system authorization | Positive | +15.0% | KeepZone AI authorized to introduce fuel tank survivability system in Gulf region. |
| Apr 20 | AI agreement | Positive | +0.0% | White label agreement for AI-based voice communication decision support system. |
| Apr 01 | 2025 results | Positive | -15.9% | Reported 2025 revenue growth to $16.83M with stronger second half performance. |
NEXR has generally reacted positively to operational and AI expansion news, with one notable negative reaction to a revenue update.
Over the past months, Nexera reported full-year 2025 revenue of $16.83 million with 23% growth, yet the stock fell after that update. Subsequent AI and homeland security–related announcements from the KeepZone AI unit, including new platforms and authorizations, saw mostly positive price reactions. The June 4 announcement of Nasdaq listing approval for Fort Technology produced a strong gain. Today’s confirmation that Fort has begun Nasdaq trading extends that listing trajectory.
Regulatory & Risk Context
An effective Form F-3 filed on 2026-05-18 registers up to 7,128,665 ordinary shares for resale by selling shareholders, including Additional Warrant Shares and Note-related shares. Nexera is not selling shares under this registration, but may receive cash proceeds if the registered warrants are exercised for cash.
Market Pulse Summary
This announcement confirms that majority-owned Fort Technology began trading on Nasdaq under ticker FRTT, while Nexera retains about 70.94% ownership and Fort keeps its TSX Venture listing. It builds on earlier Nasdaq approval news and follows Nexera’s 2025 revenue growth to $16.83M. Investors may weigh the strategic benefits of a dual-listed subsidiary against Fort’s $5.8M net loss and the registered resale of 7,128,665 shares on the effective F-3.
AI-generated analysis. Not financial advice.
As of June 4, 2026, based on the closing price of Fort common shares on the TSX Venture Exchange, Fort’s market capitalization was approximately US
Tel Aviv, Israel, June 08, 2026 (GLOBE NEWSWIRE) -- Nexera Technologies Ltd (“Nexera” or the “Company”) (Nasdaq: NEXR, NEXRW), a data-driven company operating on the Amazon Marketplace expanding into the global homeland security sector through advanced artificial intelligence (“AI”)-driven solutions, today announced that its majority-owned subsidiary, Fort Technology Inc. (TSXV: FORT) (NASDAQ: FRTT) (“Fort”), has received formal approval from the Nasdaq Stock Market LLC to list its common shares on the Nasdaq Capital Market (“Nasdaq”). The common shares are expected to commence trading on Nasdaq today under the ticker symbol "FRTT”.
As a result of Fort’s beginning to trade on Nasdaq, Nexera will hold approximately
About Fort Technology
Fort Technology Inc. operates a business as an established manufacturer and seller specializing in a range of amateur and professional products for the pest control and remedial repair industries. Fort Technology Inc.’s material subsidiary, Fort Products Limited, has operated in the pest control industry since its incorporation in 2005 and has accumulated nearly 20 years of technical experience.
About Nexera Technologies Ltd
Nexera Technologies Ltd operates, through its subsidiaries, in the fields of advanced technologies for the global homeland security, or HLS, sector and e-commerce. Its operations are conducted through three principal lines of business: KeepZone AI Inc., or KeepZone, a wholly-owned subsidiary dedicated to distributing and promoting AI-powered homeland security technologies, including 3D imaging and electromagnetic threat detection, perimeter intrusion detection, counter-unmanned aircraft systems, and multi-layered security solutions for critical infrastructure and global markets; Fort Products Limited, a legacy consumer products operation focused on pest control and remedial products, which was sold to Fort Technology Inc., or Fort Technology, in July 2025 in exchange for a controlling equity interest, with the Company having since reduced its stake in Fort while retaining control and strategic involvement in related e-commerce activities; and its ongoing legacy e-commerce activities, consisting of data-driven online retail operations (primarily on the Amazon Marketplace) conducted through the Company’s other wholly-owned subsidiaries, including Smart Repair Pro and Top Rank Ltd.
For more information on Nexera Technologies, visit: https://nexera-tech.io/
Forward-Looking Statements Disclaimer
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, the Company is using forward-looking statements when discussing the timing and commencement of trading of Fort's common shares on Nasdaq and the continued listing of such shares on the TSX Venture Exchange. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the Company’s ability to adapt to significant future alterations in Amazon’s policies; the Company’s ability to sell its existing products and grow the Company’s brands and product offerings; the Company’s ability to meet its expectations regarding the revenue growth and the demand for e-commerce; the overall global economic environment; the impact of competition and new e-commerce technologies; general market, political and economic conditions in the countries in which the Company operates; projected capital expenditures and liquidity; the impact of possible changes in Amazon’s policies and terms of use; the impact of conditions in Israel; and the other risks and uncertainties described in the Company’s Annual Report on Form 20-F for the year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (“SEC”), on April 1, 2026, and the Company’s other filings with the SEC. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Investor Relations Contact
Michal Efraty
Adi and Michal PR-IR
Investor Relations, Israel
michal@efraty.com
