$FRTT

Nexera Technologies said its majority-owned subsidiary Fort Technology reported record first-half 2026 results. Revenue rose 49% to $7.36 million and gross profit increased 145% to $1.36 million, with gross margin up to 18.5% from 11.3%. Fort also agreed to acquire 50.1% of Logia USA, expected to close around Oct. 1, 2026.

Fort Technology Inc. (NASDAQ:FRTT) reported H1 2026 revenue of $7.36M, up 49% from $4.92M a year earlier, driven by about 56% unit growth, with the UK up 41%. Gross profit rose to $1.36M and gross margin to 18.5%. Fort began Nasdaq trading June 8, 2026 and plans to acquire 50.1% of Logia USA, expected around Oct. 1, 2026.

Fort Technology (NASDAQ:FRTT) agreed to buy a 50.1% controlling stake in Logia USA from founder Yair Harel for 132,603 Fort shares worth $125,000. The deal includes a $2 million, 6% credit facility in milestone tranches. Logia USA has not started U.S. sales; Fort’s stake may fall to 30% to 5% if sales thresholds are met.

ISP Global Capital raised its price target for Fort Technology Inc. (Nasdaq: FRTT) to $15 from $10, citing Fort’s plan to buy 50.1% of Logia USA Inc. under an agreement announced Aug. 11. Closing is expected before Oct. 1, 2026, subject to conditions. The target assumes commercialization of Logia’s fuel integrity tech and milestone-based equity rebalancing.

TheStreetReports highlights sub-$1 and microcap catalysts across several sectors. Planet Green Holdings (PLAG) says its lactoferrin sourcing and distribution entered commercial operations. Peraso (PRSO) added a PRM2145 60GHz mmWave module ahead of Q2 results. IGC (IGC) nears Phase 2 topline in Q4 2026; Fort (FRTT) agreed to buy 50.1% of Logia USA; Kartoon (TOON) has earnings Aug. 13; Algorhythm (RIME) reports Aug. 14.

Fort Technology Inc. (Nasdaq: FRTT, TSXV: FORT) said Tamir Fayerman resigned from its board and audit committee effective July 16, 2026 for personal reasons. The board appointed Asaf Itzhaik as audit committee member and chairman, effective immediately, and added Ohad Melnik-Marom to the board until the next annual meeting.

Fort Technology Inc. (NASDAQ: FRTT) said it signed a Letter of Intent with Logia USA to develop clean fuel and energy security solutions for data centers. The company plans to invest up to $7 million in clean fuel technologies. ISP Global Capital set a near-term internal price objective of $10 per share, citing potential demand from hyperscale AI infrastructure spending.

ISP Global Capital disclosed it bought 144,000 shares of Fort Technology Inc. (NASDAQ: FRTT), citing Fort’s pivot to data center energy infrastructure. The firm points to projected $741B hyperscale data center spending and Fort’s clean fuel energy security Letter of Intent with Logia USA, including up to $7M in clean fuel tech. ISP sets a $10 price target (internal $8-$10).

Nexera Technologies’ shares rose 67.49% to $1.7084 on Thursday after its majority-owned subsidiary, Fort Technology Inc., received Nasdaq Stock Market approval to list Fort’s common shares on the Nasdaq Capital Market. Fort is expected to trade under ticker FRTT starting June 8, 2026. Nexera owns about 70.94% of Fort. Volume was 64.44 million shares versus 2.11 million average.

Nexera Technologies’ shares rose 67.49% to $1.7084 on Thursday after the company said its majority-owned subsidiary, Fort Technology Inc., received Nasdaq approval to list its common shares on the Nasdaq Capital Market. Fort is expected to start trading under ticker FRTT on June 8, 2026. Nexera owns about 70.94% of Fort. Volume hit 64.44 million vs. 2.11 million average.