Fort Technology fails to meet Nasdaq minimum bid price requirement

Bitget2026/10/16 20:15

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Fort Technology received a Nasdaq noncompliance notice on October 13, 2026, for failing to meet the $1 minimum bid price requirement.
Common shares fell short of the requirement for 30 consecutive business days, from August 31 through October 12, 2026.
The 180-calendar-day compliance period ends April 12, 2027; regaining compliance requires closing bids of at least $1 for 10 consecutive business days.
An additional 180-calendar-day extension may be available subject to listing requirements and written notice of a cure plan, potentially involving a reverse split.
The notice has no immediate effect on Nasdaq listing or trading; TSX Venture Exchange listing and trading remain unaffected.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fort Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610161615PRIMZONEFULLFEED9847359) on October 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fort Technology fails to meet Nasdaq minimum bid price requirement

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