Jeffs' Brands Sells 6.3% of Fort Technology's Outstanding Shares ; Company to Retain Majority Stake Valued at Approximately $24 Million Valuation

Core Viewpoint - Company is divesting retail assets to concentrate on homeland security and advanced technologies, leveraging AI-driven solutions [1][2] Group 1: Transaction Details - Company closed a share transfer agreement to sell 714,286 common shares of Fort Technology Inc. for a total consideration of CAD $928,571, approximately CAD $1.3 per share [1] - The shares sold represent about 8.1% of Company’s holdings in Fort and approximately 6.3% of Fort's outstanding shares [1] Group 2: Current Holdings and Strategy - Following the transaction, Company holds a 71.55% equity stake in Fort, indicating a partial divestment of its majority-owned subsidiary [2] - This divestment is expected to provide additional liquidity as Company continues to focus on homeland security and advanced technologies [2] Group 3: Business Focus - Company has pivoted into the global homeland security sector through its subsidiary, KeepZone AI Inc., after entering a distribution agreement with Scanary Ltd. in December 2025 [2] - Company aims to deliver comprehensive security ecosystems for critical infrastructure worldwide, capitalizing on the growth potential of the homeland security market [2]