Nexera subsidiary Fort Technology receives Nasdaq listing approval

Nexera Technologies Ltd (NASDAQ: NEXR) announced that its majority-owned subsidiary Fort Technology Inc. (TSXV: FORT) received approval from Nasdaq Stock Market LLC to list its common shares on the Nasdaq Capital Market. Trading is expected to begin June 8, 2026 under ticker symbol "FRTT."

Nexera holds approximately 70.94% of Fort Technology's issued and outstanding common shares. As of June 3, 2026, Fort Technology's market capitalization was approximately $46.8 million. Fort Technology's shares will continue trading on the TSX Venture Exchange under the existing "FORT" symbol.

No action is required from shareholders of either Nexera or Fort Technology in connection with the Nasdaq listing, according to the company statement.

Fort Technology operates as a manufacturer and seller of products for pest control and remedial repair industries. Its material subsidiary, Fort Products Limited, has operated in the pest control industry since 2005.

Nexera Technologies operates through subsidiaries in homeland security technologies and e-commerce. The company's operations include KeepZone AI Inc., which distributes AI-powered homeland security technologies, and legacy e-commerce activities conducted primarily on Amazon Marketplace through wholly-owned subsidiaries.

Fort Products Limited was previously sold to Fort Technology in July 2025 in exchange for a controlling equity interest. Nexera has since reduced its stake while retaining control and strategic involvement in related e-commerce activities.

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