Mr. Gabi Kabazo reports
FORT TECHNOLOGY INC. ANNOUNCES BOARD CHANGES AND ADDITIONAL UPDATES
Oz Adler, CPA, has been appointed as a director and the chairman of Fort Technology Inc., effective Sept. 15, 2025.
Mr. Adler has served as a director
and chairman
of Jeffs' Brands Ltd. since September, 2021. Mr. Adler has experience in a wide variety of managerial, financial, tax and accounting roles. From December, 2020, to April, 2021, Mr. Adler served as the chief financial officer of
XYLO
Ltd. and, from August, 2021, to October, 2022, he served as a director of Elbit Imaging Ltd. Mr. Adler also worked in the audit department of Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global, between December, 2012, and August, 2017. Additionally, Mr. Adler currently serves on the board of directors of numerous private and publicly traded companies, including Clearmind Medicine Inc., Rail Vision Ltd. and
Polyrizon Ltd., and serves as the chief executive officer and chief financial officer of SciSparc Ltd. Mr. Adler
is a certified public accountant in Israel and holds a BA degree in accounting and business management from The College of Management, Israel.
Furthermore, the company also reports that Viki Hakmon has stepped down as director, effective Sept. 15, 2025.
Appointment to board committees
Fort is pleased to announce the establishment of a compensation committee and a nominating and corporate governance committee and the following appointments to its board committees:
- Compensation committee: Liat Sidi, Tamir Fayerman (chair) and Ohad David;
-
Nominating and corporate governance committee: Mr. Sidi, Mr. Fayerman (chair) and Mr. David.
Grant of RSUs (restricted share units)
In accordance with and subject to the terms of the company's omnibus equity incentive plan and the applicable requirements of the TSX Venture Exchange, the company has granted, effective
Sept. 15, 2025:
- 1.95 million RSUs to officers and members of the board of directors. Each RSU entitles the holder to receive one share of the company without additional consideration. Half of the RSUs will vest after one year and the other half will vest in four tranches over the second year from the date of grant;
- 1.8 million RSUs to advisers of the company. Each RSU entitles the holder to receive one share of the company without additional consideration. Half of the RSUs will vest after one year and the other half will vest in four tranches over the second year from the date of grant.
Consulting agreements
Fort is pleased to announce that it
has entered into the following agreements:
- A consulting agreement with LIA Pure Capital Ltd., pursuant to which LIA will provide the company with merger and acquisition (M&A), capital markets and financial strategy services for a term of 24 months. The company has agreed to pay LIA a monthly consulting fee of $20,000 (U.S.), payable upon the commencement of services. The consulting agreement with LIA was negotiated through arm's-length negotiations;
- A consulting agreement with Capitalink Ltd., pursuant to which Capitalink will provide the company with M&A, capital markets and financial strategy services for a term of 24 months. The company has agreed to pay Capitalink a monthly consulting fee of $5,000 (U.S.), payable upon the commencement of services. The consulting agreement with Capitalink was negotiated through arm's-length negotiations;
-
A consulting agreement with Miga Consulting Ltd., pursuant to which Miga will provide the company with chief Executive officer services for a term of 24 months. Gabriel Kabazo, the current CEO of the company, is the sole shareholder of Miga. The company has agreed to pay Miga a monthly consulting fee of $4,750 (U.S.), payable upon the commencement of services;
- A consulting agreement with
D.S. Blue White Assets (2006) Ltd., pursuant to which D.S. will provide the company with chief financial officer services for a term of 24 months. Ronen Zalayet, the current CFO of the company, is the sole shareholder of D.S. The company has agreed to pay D.S. a monthly consulting fee of $5,500 (U.S>), payable upon the commencement of services.
About
Fort Technology Inc.
Fort Technology 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's material subsidiary, Fort Products Ltd., has operated in the pest control industry since its incorporation in 2005 and has accumulated nearly 20 years of technical experience.
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