Fort Technology Inc

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

• Tue 20th Oct '26 · Distribution deal: 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.
• Fri 16th Oct '26 · Nasdaq notice: 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.
• Fri 28th Aug '26 · 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.
• Wed 26th Aug '26 · Acquisition: 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.
• Wed 26th Aug '26 · Offering: Closed an offering. Proceeds are not disclosed in the filings reviewed.
• Fri 14th Aug '26 · Earnings: 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.
• Mon 8th Jun '26 · Note conversion: $3.6M principal converted · 1.95M shares · at $1.86.
• Mon 8th Jun '26 · Warrants: Issued warrants over 1.95M shares.