New Risk • Jul 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.1m (US$9.20m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.2m free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Market cap is less than US$10m (CA$13.1m market cap, or US$9.20m). Announcement • Jun 30
Fort Technology Inc., Annual General Meeting, Aug 27, 2026 Fort Technology Inc., Annual General Meeting, Aug 27, 2026. Announcement • Jun 25
Fort Technology Inc Announces Appointment of Avishay Rashuk to Chief Financial Officer, Effective June 8, 2026 Fort Technology Inc. announced that Avishay Rashuk was appointed Chief Financial Officer effective as of the Company's Nasdaq listing date, June 8, 2026. Announcement • Feb 24
An institutional investor completed the acquisition of 6.3% stake in Fort Technology Inc. (TSXV:FORT) from Jeffs' Brands Ltd (NasdaqCM:JFBR). An institutional investor entered into a share transfer agreement to acquire 7.40% stake in Fort Technology Inc. (TSXV:FORT) from Jeffs' Brands Ltd (NasdaqCM:JFBR) for CAD 0.93 million on December 18, 2025. A cash consideration of CAD 0.93 million will be paid by the buyer. As part of consideration, CAD 0.93 million is paid towards common equity of Fort Technology Inc. As part of acquisition, 1,428,571 common shares of Fort Technology will be acquired. After completion of transaction, Jeffs' Brands stake in Fort Technology will be reduced to 66.53%.
The transaction is expected to complete within seven days.
An institutional investor completed the acquisition of 6.3% stake in Fort Technology Inc. (TSXV:FORT) from Jeffs' Brands Ltd (NasdaqCM:JFBR) on February 23, 2026. Following the closing, 714,286 common shares of Fort Technology was be acquired. Board Change • Jan 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Tamir Fayerman is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Jan 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.5m (US$9.86m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.3m free cash flow). Shareholders have been substantially diluted in the past year (430% increase in shares outstanding). Market cap is less than US$10m (CA$13.5m market cap, or US$9.86m). Minor Risk Revenue is less than US$5m (US$1.6m revenue). Board Change • Dec 31
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Tamir Fayerman is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Dec 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$1.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.3m free cash flow). Shareholders have been substantially diluted in the past year (over 44x increase in shares outstanding). Minor Risks Less than 3 years of financial data is available. Revenue is less than US$5m (US$1.6m revenue). Market cap is less than US$100m (CA$33.8m market cap, or US$24.2m). Announcement • Oct 16
Fort Technology Inc. Launches AI-Powered Pest Control App on Android, Completion Cross-Platform Rollout Jeffs' Brands Ltd. announced that its majority-owned subsidiary, Fort Technology Inc. has officially launched its innovative artificial intelligence-powered pest control mobile application, the Fort app, on the Google Play Store. Following the successful debut on the Apple App Store earlier this year, the Android launch marks the completion of Fort's cross-platform rollout and another key step in Jeffs' Brands' strategy to expand its direct-to-consumer digital presence. The Fort app empowers users to easily identify household pests using AI and offers customized treatment recommendations based on pest type, infestation severity, and user preferences. The app assists users in identifying household pests using AI and delivers customized treatment solutions based on pest type and infestation severity. Additionally, the app provides curated product suggestions, featuring Fort's proprietary pest control solutions, enhancing user experience and driving engagement across Fort's product ecosystem. The Company is excited to see initial user feedback and engagement metrics following this dual-platform release and will provide further updates on adoption trends and performance. Announcement • Sep 16
Fort Technology Inc. Announces Board Changes, Effective September 15, 2025 Fort Technology Inc. (Fort or the Company) announced that Mr. Oz Adler has been appointed as a Director and Chairman effective September 15, 2025. Oz Adler, CPA, has served as a director and chairman of Jeffs Brands Ltd. since September 2021. Mr. Adler has experience in a wide variety of managerial, financial, tax and accounting roles. From December 2020 to April 2021, Mr. Adler served as the chief financial officer of XYLO Ltd., and, from August 2021 to October 2022, he served as a director of Elbit Imaging Ltd. Mr. Adler also worked in the audit department of Kost Forer Gabbay &Kasierer, a member of Ernst &Young Global, between December 2012 and August 2017. Additionally, Mr. Adler currently serves on the board of directors of numerous private and publicly traded companies, including: Clearmind Medicine Inc., Rail Vision Ltd., Polyrizon Ltd. and serves as the Chief Executive Officer and Chief Financial Officer of SciSparc Ltd. Mr. Adler is a certified public accountant in Israel and holds a B.A. degree in Accounting and Business Management from The College of Management, Israel. The company announced the establishment of a compensation committee and a nominating and corporate governance committee and the following appointments to its board committees: //st Compensation Committee Liat Sidi, Tamir Fayerman (Chair) and Ohad David. Nominating and Corporate Governance Committee Liat Sidi, Tamir Fayerman (Chair) and Ohad David. Announcement • Aug 22
Fort Technology Inc. announced that it has received CAD 5 million in funding from Jeffs' Brands Ltd and other investors On August 21, 2025, Fort Technology Inc. closed the transaction. The convertible debenture will mature on August 21, 2027 and bear interest at 10% per annum, payable quarterly with the first payment being for the period from August 21, 2025 to September 30, 2025. The principal amount of debenture is convertible into units of the company at conversion price of CAD 0.185. Each unit is comprised of one common share and one common share purchase warrant of the company. Each warrant will entitle the holder thereof to acquire one additional common share at an exercise price of CAD 0.185 per warrant share. The convertible debentures, and the securities issuable upon conversion of the convertible debentures, are subject to a hold period until December 22, 2025, in compliance with applicable securities laws and the rules of the TSX Venture Exchange. The company engaged two finders in connection with the private placement. In consideration for the services provided by the finders, the company paid to the finders an aggregate of CAD 213,600 and issued to the finders 1,804,054 common shares at a price of CAD 0.185 per common share. Jeffs' Brands Ltd acquired an aggregate of 2,200 convertible debentures for gross proceeds of CAD 2,200,000, representing approximately 11,891,891 common shares on conversion of the convertible debentures. Asaf Itzhaik acquired an aggregate of 130 convertible debentures for gross proceeds of CAD 130,000, representing approximately 702,703 common shares on conversion of the convertible debentures. Announcement • Aug 07
Fort Technology Inc. announced that it expects to receive CAD 5 million in funding Fort Technology Inc. announces a non-brokered private placement of convertible debentures for gross proceeds of CAD 5,000,000 on August 5, 2025. Interest bear interest at 10% per annum, payable quarterly with the first payment being for the period from closing to September 30, 2025. The closing of the Private Placement is expected to occur on such date or dates as the Company may determine, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including approval from the TSX Venture Exchange. Announcement • Jul 28
Fort Technology Inc., Annual General Meeting, Aug 21, 2025 Fort Technology Inc., Annual General Meeting, Aug 21, 2025. Location: suite 501, 3292 production way, british columbia, v5a 4r4, burnaby Canada Board Change • Jul 14
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Viki Hakmon was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
