Business
Fort Technology Announces Adoption of Semi-Annual Reporting
(TheNewswire) May 20, 2026 – TheNewswire - Toronto, Ontario, Canada - Fort Technol...
About this update from Fort Technology Inc.
[{"type":"text","content":"Fort Technology Announces Adoption of Semi-Annual Reporting\n(TheNewswire)\n\n\nMay 20, 2026 – TheNewswire -\nToronto, Ontario, Canada - Fort Technology Inc.\n(TSXV: FORT) (“Fort” or the “Company”),\nannounces that it has adopted a semi-annual\nfinancial reporting (\"SAR\") framework, effective immediately.\nThis change is being made pursuant to the Coordinated Blanket Order\n51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture\nIssuers (\"CBO\n51-933\").\n\n\n \n\n\nCBO 51-933 allows eligible venture issuers to\nvoluntarily move from a quarterly to a\nsemi-annual financial reporting framework. \n\n\nTransition Details – Fort’s fiscal year ends on\nDecember 31. Under the SAR framework, the Company will be exempt from\nfiling interim financial reports and related Management Discussion\n& Analysis (“MD&A”) for its first and third quarters\nfor so long as it continues to meet eligibility criteria under CBO\n51-933. \n\n\nBy adopting the SAR, Fort aims to reduce the\nadministrative and financial burden associated with quarterly\nreporting, allowing management to focus resources on advancement of\ndifferent projects.\n\n\n\n\nInitial Interim Period: The Company will not file an interim report for the first\nquarter (Q1) ending March 31, 2026 and for the third quarter (Q3)\nending September 30, 2026. \n\n\n\nOngoing Reporting: Fort will continue to file audited annual consolidated\nfinancial statements (due within 120 days of December 31, 2026), and\nsix-month interim financial reports (due within 60 days of June\n30). \n\n\n\nContinued Disclosure: The Company remains committed to timely disclosure and will\ncontinue to report all material changes and significant developments\nas required under National Instrument 51-102. \n\n\n\nEligibility:\nFort confirms it meets the pilot program's eligibility criteria,\nwhich includes being a venture issuer with annual revenues of less\nthan$10 million and maintaining a clean 12-month continuous disclosure\nrecord. \n\n\n\nContinued Participation: Should the Company cease to continue participating in the\nSAR Pilot Program, it will announce it in a future news\nrelease \n\n\n\n\nAbout Fort Technology\nInc.\n\n\nFort Technology Inc. operates a business as an\nestablished manufactur...