Fort Technology Says The TSX Venture Exchange Has Approved Its Voluntary Delisting
Benzinga Newsdesk 7 hours ago
News
The voluntary delisting from the TSXV will not affect the listing of the Company’s common shares on the Nasdaq Capital Market (the "Nasdaq"), which will continue to trade on the Nasdaq under the symbol FRTT.The
The voluntary delisting from the TSXV will not affect the listing of the Company’s common shares on the Nasdaq Capital Market (the "Nasdaq"), which will continue to trade on the Nasdaq under the symbol FRTT.
The Company believes that the trading volume of its shares on the TSXV no longer justifies the expenses and administrative efforts required to maintain a dual listing. The Company also believes that delisting from the TSXV will create a central marketplace for its common shares on the Nasdaq, and ultimately benefit the long-term liquidity and shareholder value of the Company.
It is anticipated that, effective as at the close of trading on or about November 6, 2026, Fort's common shares will no longer be listed and posted for trading on the TSXV.
Following delisting from the TSXV, Fort's shareholders can trade their common shares through their brokers on Nasdaq. As most brokers in Canada, including many discount and online brokers, have the ability to buy and sell securities listed on Nasdaq, Fort's Nasdaq listing will continue to provide shareholders with accessibility to trade the Company's common shares. Shareholders holding shares in Canadian brokerage accounts should contact their brokers to confirm how to trade Fort's shares on the NASDAQ.