Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Fort Technology Inc. ( (TSE:FORT) ) has issued an update.
Fort Technology Inc. announced the closing of a non-brokered private placement of convertible debentures, raising $5 million. The proceeds will be used for general working capital and a loan investment. The debentures, convertible into company units, reflect strategic financial maneuvering to bolster operations and stakeholder interests, with significant participation from key insiders.
More about Fort Technology Inc.
Fort Technology Inc. is an established manufacturer and seller specializing in amateur and professional products for the pest control and remedial repair industry. Its material subsidiary, Fort Products Limited, has been operating in the pest control industry since 2005, leveraging nearly 20 years of technical knowledge.
Average Trading Volume: 68,347
Technical Sentiment Signal: Buy
For detailed information about FORT stock, go to TipRanks’ Stock Analysis page.