Nexera Subsidiary Fort Technology Secures Up to $20 Million in Convertible Note Financing

• Nexera Technologies subsidiary Fort Technology signed agreements with two institutional investors to raise up to $20 million through unsecured convertible promissory notes.
• The initial $2.2 million tranche carries a 10% original issue discount, yielding $1.98 million in gross proceeds.
• Notes bear 8% annual interest, mature in 28 months and are convertible into Fort common shares.
• Proceeds will support working capital, including majority-owned subsidiary Logia USA's fuel integrity solutions for data centers and other mission-critical facilities.
• Investors will receive five-year warrants with each note issuance; Fort will issue $1 million in common shares as an initial commitment fee.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nexera Technologies Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611130655PRIMZONEFULLFEED9877145) on November 13, 2026, and is solely responsible for the information contained therein.