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FAQ: Fort Technology Inc.'s Planned Nasdaq Uplisting
TL;DR
Fort Technology's Nasdaq uplisting could provide investors with enhanced liquidity and access to broader markets, potentially increasing shareholder value.
Fort Technology will engage advisors, prepare SEC filings, and meet Nasdaq requirements to pursue uplisting from TSXV to Nasdaq Capital Market.
Increased visibility and investment could help Fort Technology expand its pest control solutions, contributing to safer environments and public health.
Fort Technology, a pest control specialist since 2005, aims to list on Nasdaq to reach more investors globally.
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Fort Technology Inc. has announced that its board of directors has approved a strategic initiative to pursue an uplisting of the company's common shares from the TSX Venture Exchange to the Nasdaq Capital Market.
The company believes a Nasdaq listing will provide enhanced visibility, greater liquidity for shareholders, and access to a broader pool of institutional and retail investors in the United States and internationally.
Fort Technology Inc. operates as an established manufacturer and seller specializing in amateur and professional products for the pest control and remedial repair industry, with nearly 20 years of experience through its material subsidiary Fort Products Limited.
Management intends to commence preparations including engaging advisors, preparing required filings with the U.S. Securities and Exchange Commission, and satisfying Nasdaq's listing requirements.
No, there is no assurance that the uplisting will be completed or as to the timing of any such uplisting, as stated in the forward-looking information in the release.
Fort Technology Inc. is currently listed on the TSX Venture Exchange under the ticker symbol FORT.
You can contact Gabi Kabazo, Chief Executive Officer of Fort Technology Inc., at telephone (604) 833-6820 or email ir@impactacquisitions.net.
The announcement contains forward-looking statements that are not guarantees of future performance, and actual results may differ materially due to various risks and uncertainties, including those detailed in documents filed on SEDAR+ at www.sedarplus.ca.
Curated from NewMediaWire
