Nexera Technologies (Nasdaq: NEXR) announced that its approximately 70.19%-owned subsidiary Fort Technology (TSXV: FORT, Nasdaq: FRTT) has closed the previously announced acquisition of 50.1% of Logia USA, a U.S.-based provider of advanced fuel integrity solutions for data centers and other mission-critical facilities. Fort acquired the majority stake in exchange for 132,603 newly issued Fort common shares, valued at about US$125,000.In connection with the deal, Fort entered into an unsecured US$2.0 million credit facility with Logia USA, bearing 6% annual interest and disbursed in tranches tied to agreed operational and sales milestones, to support U.S. market entry, product development, operations, and growth. Following closing, Fort owns 50.1% and Logia USA’s founder holds 49.9% of Logia USA. The parties plan to expand Logia Israel’s automated fuel monitoring and filtration capabilities into the U.S. data center market. The transaction includes an equity rebalancing mechanism that may reduce Fort’s stake if specified sales and profitability thresholds are achieved.

ALT: Chikipi Palworld in War Helmet

Nexera Technologies (Nasdaq: NEXR) reported that majority-owned subsidiary Fort Technology (TSXV: FORT, Nasdaq: FRTT), in which Nexera holds about 70.82% of common shares valued at roughly US$13.6 million, has signed definitive agreements to acquire a 50.1% stake in Logia USA.Logia USA focuses on advanced fuel integrity solutions for data centers and other mission-critical U.S. facilities. Fort will pay through newly issued Fort shares valued at approximately US$125,000. In parallel, Logia USA is expected to sign an exclusive U.S. license with Logia Israel for automated fuel maintenance and integrity systems, while Fort plans to provide Logia USA with a credit facility of up to US$2 million to support U.S. market entry and growth. The agreements include performance-based equity rebalancing and milestone-linked compensation. Closing is targeted for on or about October 1, 2026, subject to customary conditions, including TSX Venture Exchange approval.