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Fort Technology closes acquisition of 50.1% stake in Logia USA for US$125,000 in shares

PUBT·08/28/2026 13:31:29
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Fort Technology closes acquisition of 50.1% stake in Logia USA for US$125,000 in shares
  • Fort Technology closed its purchase of 50.1% of Logia USA on Aug. 26, 2026, targeting fuel integrity solutions for U.S. data centers.
  • Equity rebalancing could cut Fort’s stake to 5% if Logia USA meets specified sales milestones.
  • Fort issued 132,603 common shares valued at USD 125,000 to Logia USA founder Yair Harel.
  • Harel will continue as CEO under a consulting deal paying USD 140,000 annually, with milestone shares up to 2,652,058.
  • Logia USA also received an unsecured USD 2 million credit facility at 6% interest, drawn in tranches, maturing Aug. 26, 2029.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-094706), on August 28, 2026, and is solely responsible for the information contained therein.