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The latest update is out from Fort Technology Inc. ( (TSE:FORT) ).
Fort Technology Inc. announced a 1-for-7 share consolidation, reducing its outstanding shares from approximately 135 million to 19 million, as part of a strategy to list on the Nasdaq stock exchange. This move, pending TSX Venture Exchange approval, aims to meet Nasdaq’s listing requirements and will uniformly affect all shareholders, with adjustments made for fractional shares and existing stock options and warrants.
More about Fort Technology Inc.
Fort Technology Inc. is an established manufacturer and seller specializing in products for the pest control and remedial repair industries. Its subsidiary, Fort Products Limited, has been operating in the pest control industry since 2005, bringing nearly 20 years of technical experience.
Average Trading Volume: 53,040
Technical Sentiment Signal: Buy
Find detailed analytics on FORT stock on TipRanks’ Stock Analysis page.