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Fort Technology Announces 2-for-1 Share Consolidation Ahead of Planned Nasdaq Listing

Story Highlights
  • Fort Technology will execute a 2-for-1 share consolidation, halving its outstanding shares.
  • The consolidation supports Fort’s efforts to meet requirements for a planned Nasdaq listing.
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Fort Technology Announces 2-for-1 Share Consolidation Ahead of Planned Nasdaq Listing

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The latest announcement is out from Fort Technology Inc. ( (TSE:FORT) ).

Fort Technology Inc. plans a 2-for-1 consolidation of its common shares, effective February 18, 2026, subject to final TSX Venture Exchange approval. The move follows a prior 7-for-1 consolidation and will reduce the number of issued and outstanding shares from about 22.7 million to roughly 11.4 million.

Post-consolidation shares will continue trading on the TSX Venture Exchange under the symbol FORT with a new CUSIP, and shareholder ownership percentages will remain essentially unchanged aside from rounding for fractional shares. The consolidation is aimed at satisfying distribution requirements tied to Fort’s application to list on Nasdaq, signaling a bid to elevate its capital markets profile and broaden its investor base.

More about Fort Technology Inc.

Fort Technology Inc. is a Vancouver-based manufacturer and seller of amateur and professional products for the pest control and remedial repair industries. Through its subsidiary Fort Products Limited, which has operated since 2005, the company brings nearly two decades of technical experience to the pest management market.

Average Trading Volume: 2,177

Technical Sentiment Signal: Buy

Find detailed analytics on FORT stock on TipRanks’ Stock Analysis page.

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