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Nexera Technologies Ltd - Early Warning Regarding Disposition Of Common Shares Of Fort Technology Inc.
(TheNewswire) This press release is issued pursuant to National Instrument 62-104 – ...
About this update from Fort Technology Inc.
[{"type":"text","content":"Nexera Technologies Ltd - Early Warning Regarding Disposition Of Common Shares Of Fort Technology Inc.\n(TheNewswire)\n\n\nThis press release is issued pursuant to National\nInstrument 62-104 – Take-Over Bids and Issuer Bids and National\nInstrument 62-103 – The\nEarly Warning System and Related Take-Over Bid and Insider Reporting\nIssues.\n\n\nToronto, Ontario– April 30, 2026 – TheNewswire –\nPursuant to the requirements of applicable\nsecurities laws, Nexera Technologies Ltd (formerly Jeffs’ Brands Ltd\n(“Nexera”), a company with an office address of 7 Mezada Street,\nBnei Brak, 5126112, Israel, reports that on April 29, 2026, Nexera disposed of an\naggregate of 714,286 common shares (“Shares”) in the\ncapital of Fort Technology Inc. (the\n“Company”) privately to third parties at a price of C$1.30 per\nShare for total cash consideration of C$928,571.80 (the\n“Transaction”). \n\n\nFollowing the completion of the Transaction, Nexera\nholds beneficial ownership of, or control or direction over:\n(i) 8,129,373 Shares; (ii) rights (the “Contingent Rights”)\nto receive up to 4,714,287  Shares issuable upon the achievement of\ncertain milestones; and (iii) C$2,200,000 principal amount of\nconvertible debentures (the “Convertible Debentures”) the principal\namount of which are convertible into units of the Company\n(“Units”) at a price of US$1.862 (approximately C$2.59 based on\nthe exchange rate on August 21, 2025, being the date of issuance of\nthe Convertible Debentures) per Unit until August 21, 2027 (the\n“Maturity Date”), with each Unit consisting of one Share and one Share\npurchase warrant of the Company exercisable for $1.862 until\nAugust 21, 2030 to acquire one additional Share. Accordingly, following the completion of the Transaction,\nNexera holds 71.55% of the issued and outstanding Shares on a\nnon-diluted basis. \n\n\nImmediately prior to the\nTransaction, Nexera held beneficial ownership of, or control or direction\nover: (i) 8,843,659 Shares; (ii) the Contingent Rights; and (iii)\nthe Convertible Debentures. Accordingly,\nimmediately prior to the completion of the Transaction, Nexera held\n77.83% ...