Fort Technology Receives Nasdaq Noncompliance Notice, Gets Time Through April 12 To Regain Compliance

Fort Technology Inc. (NASDAQ:FRTT, TSXV: FORT), TSXV: FORT) ("Fort" or the "Company"), today announced that on October 13, 2026, it received a written notification (the "Notification") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).

Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share. Based upon the closing bid price of the Company’s common shares for the last 30 consecutive business days, from August 31, 2026 through October 12, 2026, the Company no longer meets this requirement.

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a 180-calendar day compliance period, or until April 12, 2027, to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Company’s common shares must meet or exceed $1.00 per share for at least 10 consecutive business days during the 180-calendar day compliance period.