Core Viewpoint - Jeffs' Brands Ltd has announced the acquisition of Fort Products Limited by Impact Acquisitions Corp, with the transaction expected to enhance growth in the e-commerce sector, particularly on the Amazon Marketplace [1][5][6] Group 1: Proposed Transaction Details - The TSX Venture Exchange has approved the acquisition of 100% equity interests of Fort Products by Impact, with an initial ownership of 75.02% and potential increase to 83.29% based on milestones [1][3] - Impact will issue 100,000,000 common shares to Jeffs' Brands at a deemed price of CAD $0.171246 per share, totaling approximately CAD $17.1 million (around US $12.5 million) [1] - The fair market value of Fort, as per an independent valuation report, ranges from CAD $16.86 million to CAD $20.59 million (approximately US $12.5 million to US $15 million) [1] Group 2: Impact and Future Plans - Upon completion of the transaction, Impact is expected to be listed as a Tier 2 technology issuer on the TSXV, with approximately 133,300,000 common shares outstanding [3] - Jeffs' Brands may receive an additional 66,000,000 common shares contingent on achieving certain milestones, potentially increasing its ownership to 83.29% [3] - The acquisition aims to leverage Fort's e-commerce platform to drive significant growth in global online retail markets [5] Group 3: Company Background - Jeffs' Brands focuses on transforming e-commerce by creating and acquiring products to become market leaders, utilizing advanced technology and insights into the Amazon FBA business model [7] - Fort Products, established in 2005, specializes in pest control and remedial repair products, boasting nearly 20 years of technical knowledge in the industry [8]

Core Viewpoint - Jeffs' Brands Ltd plans to implement a one-for-seventeen reverse share split, reducing the number of outstanding shares from approximately 9.4 million to about 553,385, effective June 16, 2025 [1][3]. Group 1: Reverse Share Split Details - The reverse share split was approved by shareholders on April 28, 2025, and will be executed at the board's discretion [2]. - The reverse split will not change the authorized share capital, which remains at 1.5 billion ordinary shares [2]. - All shareholders will be affected uniformly, with no change to their percentage ownership, except for minor adjustments related to fractional shares [3]. Group 2: Shareholder Impact - The number of issued and outstanding ordinary shares will decrease significantly, from 9,407,534 to approximately 553,385 [3]. - Fractional shares will not be issued; instead, they will be rounded to the nearest whole share at the DTC participant level [3]. - Adjustments will be made to the exercise price and the number of shares for all outstanding options and warrants, with similar rounding for fractional shares [3]. Group 3: Company Overview - Jeffs' Brands is focused on transforming e-commerce by creating and acquiring products to become market leaders, leveraging insights into the Amazon FBA business model [4].

Core Viewpoint - Jeffs' Brands Ltd plans to implement a one-for-seventeen reverse share split, reducing the number of outstanding shares from approximately 9.4 million to about 553,385, effective June 16, 2025 [1][3]. Group 1: Reverse Share Split Details - The reverse share split was approved by shareholders on April 28, 2025, and will be executed at the board's discretion [2]. - The reverse split will not change the authorized share capital, which remains at 1.5 billion ordinary shares [2]. - All shareholders will be affected uniformly, with no change to their percentage ownership, except for minor adjustments related to fractional shares [3]. Group 2: Shareholder Impact - The number of issued and outstanding ordinary shares will decrease significantly, and fractional shares will be rounded to the nearest whole share [3]. - Adjustments will be made to the exercise price and the number of shares for all outstanding options and warrants, with no fractional shares issued upon exercise [3]. Group 3: Company Overview - Jeffs' Brands is focused on transforming e-commerce by creating and acquiring products, leveraging insights into the Amazon FBA business model [4].

Core Viewpoint - Jeffs' Brands Ltd has entered into a securities purchase agreement with an institutional investor, raising approximately $581 thousand for working capital, general corporate purposes, and potential acquisitions [1][6]. Group 1: Offering Details - The company will issue a total of 662,500 ordinary shares and pre-funded warrants to purchase up to 1,276,007 ordinary shares at an exercise price of $0.0001 [2]. - The pre-funded warrants will be sold at the same price as the ordinary shares, minus the exercise price [2]. - The closing of the offering is expected to occur on or about May 28, 2025, subject to customary closing conditions [3]. Group 2: Regulatory Compliance - The securities will be issued under a registration statement on Form F-3, which was declared effective by the SEC on January 3, 2025 [4]. - The offering will be conducted only by means of a prospectus, which will be filed with the SEC [4]. Group 3: Company Background - Jeffs' Brands is focused on transforming e-commerce by creating and acquiring products to become market leaders, leveraging insights into the Amazon FBA business model [7].

Core Viewpoint - Jeffs' Brands Ltd is set to launch its AI-powered pest control mobile application, Fort, on major platforms, marking a significant step in its digital transformation strategy [1][4]. Group 1: Product Launch - The Fort app has successfully launched on the Apple App Store and is pending approval for the Android version on Google Play [2]. - The app utilizes AI for pest identification and offers tailored treatment recommendations, enhancing user engagement with Fort's pest control solutions [3]. Group 2: Strategic Importance - The launch of the Fort app is a pivotal element of Jeffs' Brands' strategy to expand its direct-to-consumer digital offerings and strengthen its market position [4]. - The integration of advanced AI technology aims to provide accessible and effective pest control solutions directly to consumers, fostering growth for the company [4]. Group 3: Company Overview - Jeffs' Brands focuses on transforming e-commerce by creating and acquiring products to become market leaders, leveraging insights into the Amazon FBA business model [5].

Core Insights - Jeffs' Brands Ltd is set to launch an AI-powered pest control mobile application named Fort on both Apple iOS and Android platforms, marking a significant step in its digital transformation strategy [1][4]. Group 1: Product Launch - The Fort app has successfully launched on the Apple App Store and is currently under review for the Android version on Google Play, expected to be available soon [2]. - The app utilizes AI for pest identification and offers tailored treatment recommendations, enhancing user experience and engagement with Fort's pest control products [3]. Group 2: Strategic Vision - The CEO of Jeffs' Brands emphasized that integrating advanced AI technology into product offerings aims to provide effective pest control solutions directly to consumers, thereby strengthening market position and fostering growth [4]. - Jeffs' Brands is focused on transforming e-commerce by creating and acquiring products to tap into unrealized growth potential, leveraging both human capability and advanced technology [5].

Core Insights - Jeffs' Brands Ltd has announced two significant transactions that collectively value its assets between approximately $23.4 million to $26 million, marking a milestone in its global expansion strategy [1] Group 1: Strategic Transactions - Jeffs' Brands is selling its wholly-owned subsidiary Smart Repair Pro and a 49.1% stake in SciSparc Nutraceutical Inc. to Plantify Foods for an estimated valuation of CAD 17.125 million (approximately $11.8 million) [2] - The company expects to receive an initial 75% equity interest in Plantify Foods, with the potential to increase to 90% based on specific milestones [2] - An independent valuation report for Fort Products Limited estimates its equity interests value at approximately $11.6 million to $14.2 million, which is part of a proposed merger with Impact Acquisitions Corp [3] Group 2: Financial and Strategic Outlook - The transactions are expected to enhance Jeffs' Brands' financial position and align with its focus on high-growth e-commerce opportunities [2][4] - By securing significant equity stakes in Plantify Foods and Impact, the company aims to gain influence in high-potential markets while diversifying its portfolio [4] - The combined proceeds and equity positions are anticipated to improve the company's financial flexibility, enabling further investments in technology and product development [4]

Core Viewpoint - Jeffs' Brands Ltd has entered into a definitive agreement to sell its subsidiary Smart Repair Pro and a minority stake in SciSparc Nutraceuticals Inc to Plantify Foods, Inc, in exchange for up to a 90% equity interest in Plantify on a fully diluted basis [1][2][5] Group 1: Transaction Details - The transaction involves the acquisition of Smart Repair Pro, which operates Jeffs' Brands' stores on the Amazon U.S. Marketplace, and a 49.1% ownership interest in SciSparc Nutraceuticals Inc [1][2] - Jeffs' Brands is expected to receive a valuation of CAD 17.125 million (approximately $11.8 million) for Smart Repair Pro and the minority interest in SciSparc, along with an additional valuation of CAD 4.85 million contingent on certain conditions [2][4] - The transaction is anticipated to close by July 31, 2025, subject to customary closing conditions and regulatory approvals [5] Group 2: Management Changes - Following the completion of the transaction, the ownership interests in Smart Repair Pro will be held by Plantify, and Jeffs' Brands will only have a direct ownership interest in Plantify [3] - Mr. Oz Adler, the current chairman of Jeffs' Brands, is expected to become the chairman of Plantify, while Mr. Ronen Zalayet will serve as the CFO and corporate secretary of Plantify [3] Group 3: Corporate Structure Changes - Prior to the transaction's completion, Jeffs' Brands will transfer its shares of Jeffs' Brands Holdings Inc to Smart Repair Pro, making Jeffs' Brands Holdings a wholly owned subsidiary of Smart Repair Pro [4] - Jeffs' Brands will initially receive 75% of Plantify's issued shares upon closing, with the potential to increase this to 90% based on the achievement of certain milestones [4]

App Now Available for Download, Expanding Fort’s Direct-to-Consumer Digital Offering Tel Aviv, Israel, April 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, announced today that its wholly-owned subsidiary, Fort Products Limited (“Fort”), has officially launched its innovative AI-powered pest control mobile app on the Apple App Store. The successful approval and launch mark a major ...

App Now Available for Download, Expanding Fort’s Direct-to-Consumer Digital Offering Tel Aviv, Israel, April 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, announced today that its wholly-owned subsidiary, Fort Products Limited (“Fort”), has officially launched its innovative AI-powered pest control mobile app on the Apple App Store. The successful approval and launch mark a major ...