22:26:19 EST Wed 11 Feb 2026
Enter Symbol
or Name
USA
CA



Fort Technology Inc (2)
Symbol FORT
Shares Issued 22,724,713
Close 2026-02-11 C$ 1.75
Market Cap C$ 39,768,248
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Fort Technology arranges 1:2 share rollback

2026-02-11 18:17 ET - News Release

Mr. Gabi Kabazo reports

FORT TECHNOLOGY INC. ANNOUNCES SHARE CONSOLIDATION

Fort Technology Inc. intends to proceed with a 2-for-1 consolidation of its issued and outstanding common shares. The share consolidation is anticipated to have an effective date on February 18, 2026.

The share consolidation remains subject to final approval of the TSX Venture Exchange. The shareholders of the company approved a consolidation up to 250:1 at its annual general meeting held on Aug. 21, 2025. The company completed a 7-for-1 share consolidation on Sept. 26, 2025.

At the effective time of the share consolidation, every two of the company's shares will automatically be combined into one common share. Fractional shares will not be issued in connection with the share consolidation. Fractional shares being less than one-half of a postconsolidation share shall be rounded down to the next whole postconsolidation share and fractional shares being at least one-half of a postconsolidation share shall be rounded up to the next whole postconsolidation share. The postconsolidation shares are expected to begin trading at market opening on Feb. 18, 2026.

Following the share consolidation, the postconsolidation shares will continue to trade on the TSX-V under the symbol FORT with Cusip No. CA3490243076. The share consolidation will affect all shareholders uniformly and will not alter any shareholder's relative interest in the company's equity securities, except for any adjustments for fractional shares as noted above. In addition, proportionate adjustments will be made to (i) the number of underlying shares and the exercise or conversion prices of the company's outstanding stock options and warrants, and (ii) the number of shares issuable under the company's equity incentive plans. The share consolidation will reduce the number of issued and outstanding shares of the company from approximately 22,724,713 to approximately 11,362,356. The company is completing the share consolidation to satisfy certain distribution requirements in connection with its listing application on to the Nasdaq.

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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