Nexera unit Fort Technology agrees to buy 50.1% of Logia USA for US$125,000 in shares - NEXR News | RalliesNexera unit Fort Technology agrees to buy 50.1% of Logia USA for US$125,000 in shares
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NEXR• Credit facility and closing timeline
- Fort will extend up to a US$2 million credit facility to fund Logia USA’s US market entry and growth.
- Closing is targeted for about Oct. 1, 2026, subject to customary conditions, including TSX Venture Exchange approval.
Fort Technology agrees to buy majority stake in Logia USA
- Fort Technology, 70.82% owned by Nexera Technologies, agreed to buy 50.1% of Logia USA in a share deal.
- Consideration was set at about US$125,000 in Fort common shares, valuing the stake at the same amount.
- Logia USA focuses on fuel integrity solutions for US data centers and other mission-critical facilities.
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