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Jeffs’ Brands Sells 6.3% of Fort Technology’s Outstanding Shares ; Company to Retain Majority Stake Valued at Approximately $24 Million Valuation
Jeffs’ Brands Ltd. has sold 6.3% of Fort Technology Inc.'s outstanding shares for CAD $928,571, while retaining a 71.55% equity stake in Fort. This divestment provides additional liquidity for Jeffs’ Brands as it shifts its strategic focus from retail assets to the homeland security and advanced technologies sector, leveraging its data-driven expertise. The company aims to develop comprehensive security ecosystems for critical infrastructure through its subsidiary, KeepZone AI Inc.