Fort Technology Inc. (Nasdaq: FRTT, TSXV: FORT) has announced a share transfer agreement to acquire a majority stake in Logia USA Inc., a company specializing in advanced fuel integrity solutions for data centers and other critical facilities in the United States.
The agreement, signed on August 11, 2026, will see Fort Technology acquiring 50.1 percent of Logia USA's issued and outstanding shares, with the remaining 49.9 percent retained by the company's founder, Yair Harel.
Logia USA currently has liabilities amounting to up to US$390,000 owed to Logia Israel.
The acquisition is anticipated to be finalized before October 1, 2026.