Jeffs' Brands Ltd is a consumer goods company that focuses on the development and marketing of innovative products primarily in the e-commerce space. The company specializes in leveraging advanced technology and data analytics to identify and capture lucrative market trends, creating a diverse portfolio of brands across various categories such as home goods, health and wellness, and lifestyle products. By utilizing a direct-to-consumer model, Jeffs' Brands aims to enhance customer engagement and optimize the shopping experience, driving growth and expanding its presence in the competitive online marketplace. Read More
Tel Aviv, Israel, June 20, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that the TSX Venture Exchange (“TSXV”) has approved the previously announced acquisition (the “Proposed Transaction”) by Impact Acquisitions Corp. (TSXV: IMPC.P) (“Impact”), of 100% of the equity interests of Fort Products Limited (“Fort”), a wholly-owned U.K.-based subsidiary of Jeffs’ Brands, in exchange for an initial 75.02%, and up to an 83.29% contingent upon meeting predetermined milestones. Upon completion of the Proposed Transaction, Impact will issue 100,000,000 common shares to the Company at a deemed price per share of CAD $0.171246 for deemed aggregate consideration of approximately CAD$17.1 million (approximately US$12.5 million). Based an independent valuation report by Evans & Evans dated April 14, 2025, with respect to the fair market value of Fort as of January 31, 2025 (the “Valuation Report”), the fair market of Fort ranges between CAD$16.86 million to CAD$20.59 million (approximately US$12.5-$15 million), on a controlling, marketable basis, subject to the assumptions and qualifications specified therein.
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Tel Aviv, Israel, May 28, 2025 (GLOBE NEWSWIRE) -- Jeffs’ Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it has entered into a securities purchase agreement with an institutional investor or the Investor, for aggregate gross cash proceeds of approximately $581 thousand, before deducting offering expenses payable by the Company. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes, as well as for potential acquisitions.
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Tel Aviv, Israel, May 27, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, is preparing for the official launch of its innovative artificial intelligence (“AI”)-powered pest control mobile application on the Apple iOS and Android platforms.
