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Fort Technology Inc
Symbol FORT
Shares Issued 28,300,000
Recent Sedar Documents

Fort Technology investor Jeffs' owns 75% of shares

2025-07-07 18:17 ET - News Release

Subject: Fort Technology Inc. - Third Party Filings - Request for immediate dissemination of press release Word Document

File: '\\swfile\EmailIn\20250707 145303 Attachment Jeffs' Brands Ltd. - Early Warning Press Release - FINAL.docx'

FOR IMMEDIATE RELEASE

This press release is issued pursuant to National Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

JEFFS' BRANDS LTD. - EARLY WARNING REGARDING ACQUISITION OF COMMON SHARES OF FORT TECHNOLOGY INC.

Vancouver, British Columbia - July 7, 2025 - Pursuant to the requirements of applicable securities laws, Jeffs' Brands Ltd. ("Jeffs' Brands"), a company with an office address of 7 Mezada Street, Bnei Brak,5126112, Israel, reports that on July 7 2025, Jeffs' Brands acquired 100,000,000 common shares in the capital of Fort Technology Inc. (formerly Impact Acquisitions Corp. (the "Company") ("Shares") and 66,000,000 contingent rights of the Company pursuant to the completion of a reverse takeover involving the acquisition of Fort Products Limited by the Company (the "Qualifying Transaction").

The Qualifying Transaction triggered the requirement to file an early warning report.

Immediately prior to the Qualifying Transaction, Jeffs' Brands did not hold any Shares in the capital of the Company. Immediately following the completion of the Qualifying Transaction, Jeffs' Brands acquired 100,000,000 Shares and 66,000,000 contingent rights of the Company, representing approximately 75.02% on a non-diluted basis and 83.29% of the issued and outstanding Shares on a fully diluted basis. The deemed value of the acquired Shares is $0.171246 per Share. The 66,000,000 contingent rights are exercisable into an equal number of Shares contingent upon meeting certain predetermined milestones.

The holdings in securities of the Company by Jeffs' Brands are for investment purposes. Jeffs' Brands does not currently have plans to acquire additional securities or dispose of its holdings in the Company. However, it may acquire or dispose of securities depending on market conditions, changes in plans, or other relevant factors, subject in each case to applicable securities law.

The Company is located at c/o Suite 501, 3292 Production Way, Burnaby, British Columbia V5A 4R4. A copy of the related early warning report may be obtained from the SEDAR+ website (www.sedarplus.ca) or from Jeffs' Brands at +972 545330073, or by email at ronen@jeffsbrands.com.

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