STOCK TITAN

Fort Technology Inc. (FRTT) reshapes board and audit committee roles

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

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.

Positive

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Negative

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Resignation effective date July 16, 2026 Effective date of Tamir Fayerman’s resignation from the Board and all committees.
Audit committee appointment date July 16, 2026 Date the Board appointed Asaf Itzhaik as member and Chairman of the Audit Committee.
Age of new director 56 years Age of newly appointed director Ohad Melnik-Marom.
Pest control experience nearly 20 years Technical experience of Fort Products Limited in the pest control industry since 2005.
National Instrument 52-110 – Audit Committees regulatory
"financially literate within the meaning of National Instrument 52-110 – Audit Committees"
Rule 10A-3 regulatory
"and Rule 10A-3 under the Securities Exchange Act of 1934, as amended"
independent director regulatory
"qualifies as an independent director under National Instrument 52-110"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
TSX Venture Exchange market
"Neither the TSX Venture Exchange nor its Regulation Services Provider"
A junior stock exchange in Canada where smaller, early-stage companies list shares to raise capital and gain public visibility. Think of it as a farmers’ market for young businesses: it offers investors a chance to buy into fast-growing but higher-risk ventures, with looser listing rules and typically lower liquidity than major exchanges. It matters because performance and financing on this exchange can signal growth prospects or risk for investors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What board changes did Fort Technology Inc. (FRTT) report in July 2026?

Fort Technology reported that Tamir Fayerman resigned from the Board and all committees effective July 16, 2026, and that the Board appointed Ohad Melnik-Marom as a new director to serve until the next annual shareholders’ meeting or until a successor is chosen.

Why did Fort Technology Inc. (FRTT) director Tamir Fayerman resign?

Tamir Fayerman resigned from Fort Technology’s Board and its committees for personal reasons. The company stated that his resignation was not due to any disagreement with Fort Technology regarding its operations, policies, or practices, emphasizing an absence of underlying corporate dispute.

Who is the new Audit Committee Chair at Fort Technology Inc. (FRTT)?

The Board appointed Asaf Itzhaik as a member and Chairman of the Audit Committee effective July 16, 2026. He was found financially literate and to qualify as an independent director under National Instrument 52-110, Nasdaq rules and SEC Rule 10A-3 requirements.

What is the background of new Fort Technology Inc. (FRTT) director Ohad Melnik-Marom?

Ohad Melnik-Marom, age 56, is an independent advisor specializing in web payment methods. He previously served as a director of Formula Systems (1985) Ltd., and managed the Payment Methods Department at iFOREX International Group, holding roles across logistics, technology and financial services sectors.

How long has Fort Technology Inc. (FRTT) operated in the pest control industry?

Fort Technology’s material subsidiary, Fort Products Limited, has operated in the pest control industry since its incorporation in 2005. The company notes that this subsidiary has accumulated nearly 20 years of technical experience manufacturing and selling amateur and professional pest control and remedial repair products.

Does Fort Technology Inc. (FRTT) meet audit committee independence standards?

The Board determined that Asaf Itzhaik, the new Audit Committee Chair, is financially literate and an independent director under National Instrument 52-110, the applicable rules of the Nasdaq Stock Market, and Rule 10A-3 under the U.S. Securities Exchange Act of 1934.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16

Under the Securities Exchange Act of 1934

 

For the Month of July 2026

 

001-43178

(Commission File Number)

 

FORT TECHNOLOGY INC.

(Exact name of Registrant as specified in its charter)

 

325 Front Street West

2nd Floor

Toronto, Ontario M5V 2Y1

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F Form 40-F ☐

 

 

 

 

 

 

On July 15, 2026, Tamir Fayerman, a member of the Board of Directors (the “Board”) of Fort Technology Inc. (the “Company”) and the Chairman of the Audit Committee of the Board, notified the Company of his resignation from the Board and all committees thereof, effective July 16, 2026. Mr. Fayerman resigned from the Board for personal reasons and not due to any disagreement with the Company on any matter relating to its operations, policies or practices.

 

On July 16, 2026, the Board appointed Asaf Itzhaik, a member of the Board, to serve as a member and Chairman of the Audit Committee, effective immediately. The Board has determined that Mr. Itzhaik is financially literate within the meaning of National Instrument 52-110 – Audit Committees and qualifies as an independent director under National Instrument 52-110, the applicable rules of the Nasdaq Stock Market and Rule 10A-3 under the Securities Exchange Act of 1934, as amended, including the audit committee independence requirements thereunder.

 

In addition, on July 16, 2026, the Board appointed Ohad Melnik-Marom to serve as a member of the Board, effective immediately, to hold office until the next annual meeting of shareholders of the Company or until his successor is duly elected or appointed.

 

Mr. Melnik-Marom, age 56, is currently an independent advisor specializing in web payment methods. From 2019 to 2024, he served as a director of Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY), a publicly traded technology company listed on both the Nasdaq Stock Market and the Tel Aviv Stock Exchange. Previously, from 2004 to 2017, Mr. Melnik-Marom served as Manager of the Payment Methods Department of iFOREX International Group and held various management positions in the logistics, technology and financial services sectors. Mr. Melnik-Marom holds an M.B.A. with a specialization in finance and a B.A. in Business Administration with a specialization in finance from the College of Management Academic Studies, Rishon LeZion, Israel, and an M.S. from Baruch College, City University of New York.

 

On July 16, 2026, the Company issued a press release announcing Mr. Fayerman’s resignation, the appointment of Mr. Itzhaik as Chairman of the Audit Committee and the appointment of Mr. Melnik-Marom to the Board. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

1

 

 

EXHIBIT INDEX

 

Exhibit
Number
  Description of Document
99.1   Press release titled: “Fort Technology Announces Board and Audit Committee Changes”

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Fort Technology Inc.
     
Date: July 16, 2026 By: /s/ Gabriel Kabazo
    Gabriel Kabazo
    Chief Executive Officer

 

3

 

Exhibit 99.1

 

 

Fort Technology Announces Board and Audit Committee Changes

 

Toronto, Ontario, July 16, 2026 (GLOBE NEWSWIRE) -- Fort Technology Inc. (Nasdaq: FRTT, TSXV: FORT) (“Fort” or the “Company”), today announced that Tamir Fayerman, a member of the Board of Directors (the “Board”) of the Company and the Chairman of the Audit Committee of the Board, notified the Company of his resignation from the Board and all committees thereof, effective July 16, 2026. Mr. Fayerman resigned from the Board for personal reasons and not due to any disagreement with the Company on any matter relating to its operations, policies or practices.

 

Alongside this announcement, Fort also announced that the Board appointed Asaf Itzhaik, a member of the Board, to serve as a member and Chairman of the Audit Committee, effective immediately. The Board has determined that Mr. Itzhaik is financially literate within the meaning of National Instrument 52-110 – Audit Committees and qualifies as an independent director under National Instrument 52-110, the applicable rules of the Nasdaq Stock Market and Rule 10A-3 under the Securities Exchange Act of 1934, as amended, including the audit committee independence requirements thereunder.

 

In addition, on July 16, 2026, the Board appointed Ohad Melnik-Marom to serve as a member of the Board, effective immediately, to hold office until the next annual meeting of shareholders of the Company or until his successor is duly elected or appointed.

 

Mr. Melnik-Marom, age 56, is currently an independent advisor specializing in web payment methods. From 2019 to 2024, he served as a director of Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY), a publicly traded technology company listed on both the Nasdaq Stock Market and the Tel Aviv Stock Exchange. Previously, from 2004 to 2017, Mr. Melnik-Marom served as Manager of the Payment Methods Department of iFOREX International Group and held various management positions in the logistics, technology and financial services sectors. Mr. Melnik-Marom holds an M.B.A. with a specialization in finance and a B.A. in Business Administration with a specialization in finance from the College of Management Academic Studies, Rishon LeZion, Israel, and an M.S. from Baruch College, City University of New York.

 

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.

 

For further information, please contact:

 

Gabi Kabazo
Chief Executive Officer
Fort Technology Inc.
Telephone: (604) 833-6820
Email: Office@Fort-Tech.io

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Cautionary Note Regarding Forward-Looking Information

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Fort intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements can be about future events, including Fort’s expectations with respect to the financial and operating performance of its business, its capital position, and future growth. The words “anticipate”, “believe”, “expect”, “project”, “predict”, “will”, “forecast”, “estimate”, “likely”, “intend”, “outlook”, “should”, “could”, “may”, “target”, “plan” and other similar expressions can generally be used to identify forward-looking statements. Any forward-looking statements in this press release are based on management’s current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s registration statement of Form 20-F (File No. 001-43178), as amended, as filed with the SEC on May 1, 2026 or the Company’s publicly filed documents which are available on SEDAR+ at www.sedarplus.ca. All forward-looking statements contained in this press release speak only as of the date on which they were made. Fort undertakes no obligation to update such statements to reflect changes in assumptions or changes in events that occur or circumstances that exist after the date on which they were made other than as required by applicable laws, rules and regulations.

 

Filing Exhibits & Attachments

1 document