Fort Technology shares are trading higher after the company announced it will acquire 50.1% of Logia USA.

Fort Technology Grants Restricted Share Units

Fort Technology Inc. announced the grant of 102,857 restricted share units (RSUs) to officers and consultants under its shareholder-approved Omnibus Equity Incentive Plan. The RSUs vest over time starting June 22, 2027, with half vesting on that date and the remainder vesting quarterly thereafter. The Plan allows for up to 1,904,285 Common Shares to be issued across all awards.

Fort Technology Completes Previously Announced Acquisition Of 50.1% Of Logia USA, With Logia USA Founder Yair Harel Remaining As CEO Under Consulting Agreement

Further to the equity rebalancing mechanism as described in the Company’s press release issued on August 11, 2026, the Company’s shareholding in Logia USA may be decreased to 5% upon the achievement of certain sale

12 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session

Gainers Fossil Group (NASDAQ:FOSL) stock rose 11.9% to $5.9 during Wednesday's after-market session. The market value of their outstanding shares is at $309.6 million. As per the press release, Q2 earnings came out

Fort Technology shares are trading lower after the company announced it will acquire 50.1% of Logia USA.