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Fort Technology Inc logo
FRTT$0.501-0.20%

Fort Technology Inc

Sector: Agricultural ChemicalsIndustry: Agricultural InputsCountry: CAExchange: Nasdaq

Mkt Cap$7.54M
Float & O/S
Inst Own

DilutionScan read 11 of Fort Technology Inc's SEC filings and found 2 warrant series, 1 convertible and 3 completed offerings on file for FRTT. The latest dilution event on file is an offering on Aug 26, 2026. Analysis updated Oct 18, 2026.

Signal8 Summary

FRTT

Revenue collapse, losses, pending reverse split

Business
WeakRevenue -79.9%, net loss $5.8M exceeds half revenue
Stock risk
High$8.1M micro-cap, reverse split approved, near 52-week low

Snapshot

Fort Technology is a small UK/Europe pest-control e-commerce seller now pivoting into US data-center fuel-maintenance equipment through a majority stake in Logia USA.

What's Happening Right Now

  • : On Oct 20, 2026, majority-owned subsidiary Logia USA signed an exclusive distribution agreement with Midwest HVAC rep SVL to resell its automated fuel-maintenance systems for standby generators across several US states through July 2027; no financial terms were disclosed.
  • : Fort Technology received a Nasdaq notification on Oct 13, 2026 that it is out of compliance with the $1.00 minimum bid price rule after trading below it for 30 consecutive days; it has until April 12, 2027 to regain compliance or may need to effect a reverse split.
  • : On Aug 28, 2026, shareholders approved a reverse stock split of up to 250 pre-consolidation shares for every one post-consolidation share, along with director elections and a new auditor.
  • : On Aug 26, 2026, Fort Technology closed its acquisition of a 50.1% stake in Logia USA, issuing 132,603 shares worth $125,000 and extending a $2.0 million unsecured credit facility to fund the subsidiary's US entry.
  • : Closed an offering. Proceeds are not disclosed in the filings reviewed.
  • : On Aug 14, 2026, Fort reported first-half 2026 results showing revenue of $7.36 million, up 49% year-over-year, and a 145% increase in gross profit.
  • : $3.6M principal converted · 1.95M shares · at $1.86.
  • : Issued warrants over 1.95M shares.

Raise routes on file: no active ATM, effective shelf, S-1 or equity line in the filings read · latest dilution event 69 days ago

Overall Risk
Offering Ability
Overhead Supply
Historical
Cash Need

AI dilution summary

The dominant contractual driver and its mechanism, then each further driver ranked.

Latest dilution event

Aug 26, 2026 · Offering

How we read filings

Every warrant, convertible, ATM and shelf, cited to the filing

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Share count and cash history

Shares outstanding, potential dilution and cash over time

Warrants · 2

What is this?

Exercise price, shares and dates with Pro

Warrant

Issued 2026

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Warrant

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Convertibles · 1

What is this?

Principal, conversion terms and dates with Pro

August 2025 Convertible Debentures (, due August 21, 2027)

Converted

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Offerings · 3

What is this?

Proceeds, price, shares and agent with Pro

PIPE

Issued 2025

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Offering

Issued 2025

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Offering

Issued 2026

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

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