Fort Technology Inc. (FRTT) announced that the TSX Venture Exchange approved the voluntary delisting of its common shares. The company anticipates delisting at the close of trading on or about November 6, 2026; its Nasdaq Capital Market listing under FRTT will continue. After delisting, shareholders can trade the shares through brokers on Nasdaq.
Fort said it believes trading volume on TSXV no longer justifies the expense and administrative effort of maintaining a dual listing.
Fort Technology Inc. (FRTT) announced that its majority-owned subsidiary, Logia USA Inc., entered into an exclusive Commercial Distributorship Agreement with Schwab Vollhaber Lubratt, Inc. (SVL). SVL has the exclusive right to purchase and resell Logia USA’s automated fuel maintenance systems within certain defined territories. The systems are designed to maintain the quality of diesel fuel stored for standby generators in accordance with ASTM D975 standards.
The agreement became effective October 12, 2026 and remains in effect until July 31, 2027, unless earlier terminated under its terms. SVL is also authorized to pursue opportunities outside the territories that it identifies and communicates to Logia USA, while Logia USA retains the right to designate certain house accounts.
Fort Technology Inc. said it received a Nasdaq notification on October 13, 2026, stating that its common shares did not meet the $1.00-per-share minimum bid price requirement. Nasdaq based the notice on the closing bid price over the 30 consecutive business days from August 31, 2026, through October 12, 2026. Fort received a 180-calendar-day compliance period until April 12, 2027. To regain compliance, its closing bid price must meet or exceed $1.00 per share for at least 10 consecutive business days during that period.
Fort said it intends to monitor its closing bid price and consider available options to regain compliance. It also stated there can be no assurance it will regain compliance or meet other Nasdaq listing criteria.
Fort Technology Inc (FRTT) received a Schedule 13D from Nexera Technologies Ltd disclosing majority beneficial ownership. Nexera reports beneficial ownership of 11,416,863 Common Shares, including 858,031 shares issuable upon warrant exercise, representing about 72.53% of the company’s Common Shares for Schedule 13D purposes.
Nexera’s position arose from Fort Technology’s acquisition of its subsidiary Fort Products Limited, a debt settlement for services, participation in an August 2025 convertible debenture financing, and milestone “Contingent Right Shares” issued upon Fort Technology’s Nasdaq listing on June 8, 2026. Nexera’s board has also authorized evaluation of a potential dividend of up to 10% of its Fort Technology holdings, which remains subject to further review and approvals.
Fort Technology Inc. (FRTT) reported that it has granted an aggregate of 102,857 restricted share units (RSUs) under its shareholder-approved “fixed 20%” Omnibus Equity Incentive Plan. The awards consist of 30,000 RSUs to an officer and 72,857 RSUs to consultants, all subject to the Plan and TSX Venture Exchange policies.
The RSUs vest over time, with half vesting on June 22, 2027 and the remainder vesting in equal quarterly installments thereafter, conditioned on the Plan and individual award agreements. Fort reiterates its focus on retail consumer products for pest control and remedial repair, sold mainly through Amazon in the UK and Europe, with plans to expand into the United States.
Fort Technology Inc. (FRTT) reported completion of its acquisition of 50.1% of Logia USA Inc., a U.S. provider of fuel integrity solutions for data centers and other mission-critical facilities. An equity rebalancing mechanism may reduce Fort’s stake to 5% if specified sales milestones are achieved by Logia USA.
At closing, Fort issued 132,603 common shares (valued at US$125,000) to Logia USA founder Yair Harel. Under a consulting agreement, Fort will pay him a US$140,000 annual consulting fee, may issue up to 2,652,058 additional common shares (up to US$2.5 million) on milestone achievement, and will pay a bonus equal to 10% of Logia USA’s net profit for any fiscal year in which operating profit exceeds US$5.0 million. Fort also extended an unsecured US$2.0 million credit facility to Logia USA, to be advanced in eight tranches over two years, bearing 6% annual interest and maturing on August 26, 2029, subject to earlier repayment on a specified rebalancing trigger.
At its annual general and special meeting, Fort had 10,582,663 common shares represented, or 70.98% of eligible votes. Shareholders approved all resolutions, including setting the board at five directors, electing all nominees, appointing Brightman Almagor Zohar & Co. as auditors, and approving a potential share consolidation of up to 250 pre-consolidation shares for each post-consolidation share, with the exact ratio to be set by the board.
Fort Technology Inc (FRTT) reports that Nexera Technologies Ltd is a major shareholder, with 11,416,863 Common Shares beneficially owned, representing 72.53% of the outstanding Common Shares. This total includes 10,558,832 shares held directly and a warrant to purchase 858,031 shares issued in August 2025.
The ownership percentage is based on 14,883,541 Common Shares issued and outstanding as of August 19, 2026. Nexera also holds contingent rights to acquire up to an additional 3,142,858 shares for no additional consideration upon achieving specified milestones related to Fort Technology Inc.’s acquisition of Fort Products Limited, subject to an undertaking not to exceed 80% ownership of Fort Technology Inc.’s outstanding common shares.
Fort Technology Inc. reported interim results showing rapid growth but continued losses. For the six months ended June 30, 2026, revenue was $7,356 thousand, up from $4,923 thousand a year earlier, driven by pest control product sales mainly in the United Kingdom and Europe. Gross profit rose to $1,362 thousand, but higher sales and marketing and general and administrative expenses led to an operating loss of $1,329 thousand and a net loss of $1,342 thousand, versus a $96 thousand loss in the prior period.
Total assets were $7,919 thousand and shareholder’s equity increased to $5,041 thousand from $2,793 thousand, mainly due to the conversion of convertible debentures into shares and warrants. Cash and cash equivalents were $781 thousand, with operating activities using $297 thousand of cash in the half-year and financing activities—primarily new long‑term loans—providing $496 thousand. The company listed its common shares on Nasdaq on June 8, 2026, which triggered issuance of the first tranche of 1,571,429 Contingent Right Shares to its parent, Nexera. Management states that existing cash, expected operating cash flows, and financial support from Nexera are expected to fund operations for at least 12 months, and the financial statements are prepared on a going‑concern basis.
Fort Technology Inc. agreed to acquire 50.1% of Logia USA Inc., a U.S. fuel integrity solutions company, from its founder in exchange for 132,603 Fort common shares valued at US$125,000, based on a 14‑day average Nasdaq closing price. At closing, Fort will hold 50.1% and the founder 49.9% of Logia USA, subject to customary conditions expected to be satisfied before October 1, 2026.
Fort will provide Logia USA with a US$2.0 million credit facility at 6% interest, advanced in performance‑based tranches, and Logia USA will pay Logia Israel a US$125,000 one‑time license fee for exclusive North American rights to fuel maintenance technology. The founder will serve as Logia USA’s CEO under a consulting agreement with US$140,000 annual fees, profit‑based bonuses, and up to US$2.5 million in Fort shares (up to 2,652,058 shares) tied to milestones, subject to a 9.99% ownership cap.
An equity rebalancing mechanism may increase the founder’s Logia USA stake to as much as 95% if cumulative revenue thresholds of US$50M, US$100M, US$150M and US$250M are met with at least 20% net profit margin, which would reduce Fort’s interest but not below a 5% minimum holding. Conversely, certain credit‑facility defaults would allow Fort to increase its stake to 85% via additional Logia USA equity issuance and suspend the rebalancing mechanism.
Fort Technology Inc. reported governance changes effective mid-July 2026. Board member and Audit Committee Chair Tamir Fayerman resigned from the Board and all committees effective July 16, 2026, citing personal reasons and explicitly not any disagreement regarding operations, policies or practices.
The Board appointed Asaf Itzhaik, an existing director, as a member and Chairman of the Audit Committee, determining he is financially literate and an independent director under National Instrument 52-110, Nasdaq rules and Rule 10A-3. The Board also appointed Ohad Melnik-Marom, age 56, as a new director, bringing experience in web payment methods and prior public-company board service. Fort Technology operates as a manufacturer and seller of amateur and professional products for the pest control and remedial repair industries through its subsidiary Fort Products Limited, which has nearly 20 years of technical experience.