Fort Technology Goes Public
Nexera Technologies' Fort Technology Receives Nasdaq Approval; Shares Begin Trading Today
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Fort Technology Inc. began trading on the Nasdaq Capital Market on June 8, 2026, under the ticker symbol "FRTT," marking a major milestone for its parent company, Nexera Technologies Ltd. Barchart reported that Fort carried a market capitalization of approximately US$46.4 million as of June 4, 2026, the day Nasdaq formally approved the listing.
Nexera Technologies (Nasdaq: NEXR) will hold roughly 70.94% of Fort's common shares after the dual listing on both Nasdaq and the TSX Venture Exchange. No action is required from shareholders of either company, Quiver Quantitative noted.
Fort Technology Hits Nasdaq After Long Strategic Build-Up
Fort Technology Inc. (TSXV: FORT) did not arrive on Nasdaq overnight. The path started in June 2025, when Nexera — then called Jeffs' Brands Ltd — acquired Fort Products Limited through its subsidiary, Impact Acquisitions Corp. By July 2025, Fort Products was transferred to Fort Technology Inc. in exchange for a controlling equity stake, according to Stock Titan.
Fort Technology CEO Gabi Kabazo said the listing is "expected to enhance the Company's visibility among U.S. investors, improve trading liquidity, and broaden access to the U.S. capital markets." The dual listing gives Fort access to both Canadian and American capital pools — a rare advantage for a company its size.
Nexera Stock Surged 84% on Listing Approval News
When Nasdaq approved the Fort listing on June 4, NEXR shares surged over 84% after hours. Analysts pointed to a striking valuation gap: Nexera's market cap sat at just $1 million to $2.14 million before the surge, while its 70.94% stake in Fort was worth more than $30 million on paper, according to Market Screener.
The jump was driven largely by momentum traders, not a fundamental change in revenue. Nexera posted $16.83 million in revenue for 2025, but carries a retained earnings deficit of -$19.8 million. The stock's leap reflected a perceived discount, not a business turnaround.
Nexera Reinvents Itself From Amazon Seller to Security Tech Firm
Nexera Technologies was not always a homeland security company. Until late 2025, it operated as Jeffs' Brands Ltd, an e-commerce aggregator on Amazon. The board announced a full rebranding in December 2025, and the name change became official on March 30, 2026. The Nasdaq ticker flipped from JFBR to NEXR on the same day.
The company now operates KeepZone AI Inc., a subsidiary focused on 3D imaging, counter-drone systems, and electromagnetic threat detection. KeepZone CEO Alon Dayan described a recent white-label AI voice deal as an effort to "accelerate time-to-market with a solution that addresses one of the growing challenges of communication overload in high-intensity environments." Contracts in the Gulf Region are already underway, according to Weekly Voice.
Analysts Warn of Financial Risks Despite Listing Win
Not everyone is celebrating. GuruFocus assigned Nexera a GF Score of just 20 out of 100, a low rating that flags serious financial weakness. The company's Piotroski F-Score sits at 2 out of 9. That score measures business health — a 2 signals high risk for long-term investors.
Nexera also filed a Form F-3 on May 18, 2026, registering up to 7,128,665 ordinary shares for potential resale by selling shareholders, according to Stock Titan. That raises the risk of share dilution. For now, the Fort listing gives Nexera a valuable asset on paper — but the parent company remains a sub-micro-cap stock with real financial fragility.
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