Fort Technology receives Nasdaq non-compliance notice on bid price

Fort Technology Inc. (NASDAQ:FRTT, TSXV:FORT) has received a notification from Nasdaq indicating that the company does not meet the exchange's minimum bid price requirement of $1.00 per share. This decision comes after Fort Technology's common shares closed below the $1.00 threshold for 30 consecutive business days from August 31, 2026, through October 12, 2026.

Nasdaq has granted Fort Technology a 180-day compliance period, ending on April 12, 2027, during which the company must maintain a closing bid price of $1.00 or higher for at least 10 consecutive business days. If Fort Technology fails to regain compliance by this deadline, it may be eligible for an additional 180-day period if it meets other listing requirements for the Nasdaq Capital Market and notifies the exchange of its intention to address the deficiency. The company's listing on the TSX Venture Exchange under the symbol FORT remains unaffected.

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