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Fort Technology Completes Previously Announced Acquisition Of 50.1% Of Logia USA, With Logia USA Founder Yair Harel Remaining As CEO Under Consulting Agreement

Aug 26, 2026 · 07:26 AM ET· updated 58m ago

Further to the equity rebalancing mechanism as described in the Company’s press release issued on August 11, 2026, the Company’s shareholding in Logia USA may be decreased to 5% upon the achievement of certain sale

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Why It Matters

Fort Technology just finished buying most of a company called Logia USA, and the founder is staying to run it. The deal has a special rule where Fort's share could shrink later if certain sales goals are hit.

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