Tel Aviv, Israel, Jan. 10, 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 its preliminary estimated preliminary results for the year ended December 31, 2024, highlighting estimated revenue growth, expansion of the Company’s e-commerce platforms and plans to continue to explore merger and acquisition opportunities. Jeffs’ Brands estimates its revenues for the year ended ...

Transaction Overview - Jeffs' Brands Ltd has signed a non-binding Letter of Intent (LOI) for a potential merger involving Fort Products Limited and Impact Acquisitions Corp [1] - Impact Acquisitions will acquire 100% of Fort Products' shares, with Jeffs' Brands receiving between 75.02% and 83.29% ownership of Impact's share capital, contingent on meeting predetermined milestones [2] Valuation Details - The proposed acquisition values Impact at approximately 4,846,262 CAD (3,368,375 USD), considering its cash position of at least 700,000 CAD (486,330 USD) after transaction costs [3] - Fort Products is valued at approximately 17,124,600 CAD (11,906,100 USD), with a minimum valuation condition of 14,000,000 CAD (9,733,920 USD) set by Impact's board [3][4] Transaction Conditions - The transaction is subject to due diligence, regulatory approvals, and the satisfaction of specific conditions [4] Company Background - Jeffs' Brands Ltd is a data-driven e-commerce company operating on the Amazon Marketplace, aiming to transform e-commerce by creating and acquiring products to tap into unrealized growth potential [5] - The company leverages its management team's insight into the FBA Amazon business model, combining human capability and advanced technology to elevate products [5]

Tel Aviv, Israel, Jan. 03, 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, has signed a non-binding Letter of Intent (LOI) for the potential merge Fort Products Limited, a UK-based private company, with Impact Acquisitions Corp., a capital pool company listed on the TSX Venture Exchange. Under the proposed share exchange agreement, Impact Acquisitions will acquire 100% of Fort Products’ ...

Innovative Drone Safety Systems Now Available Exclusively on Amazon US Tel Aviv, Israel, Dec. 30, 2024 (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 further to its announcement on December 5, 2024 regarding the entry into an agreement granting it the exclusive worldwide right to distribute certain advanced drone safety systems developed by a leading drone company, such ...

Innovative Drone Safety Systems Now Available Exclusively on Amazon US Tel Aviv, Israel, Dec. 30, 2024 (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 further to its announcement on December 5, 2024 regarding the entry into an agreement granting it the exclusive worldwide right to distribute certain advanced drone safety systems developed by a leading drone company, such ...

Tel Aviv, Israel, Dec. 05, 2024 (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 it has entered into an agreement granting it the exclusive worldwide right to distribute certain advanced drone safety systems developed by a leading drone company (the “Licensor”) for a period of two years and subject to certain conditions. The innovative drone safety systems will be sold by ...

The trademark registration covers Wellution®’s skin and hair care product lines Tel Aviv, Israel, Nov. 29, 2024 (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 Wellution, a Wellness and Personal Care brand owned by SciSparc Nutraceuticals Inc., its 49% held subsidiary (the “Subsidiary”), has received an official registration of its trademark for non-medicated skin care p ...

Tel Aviv, Israel, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, announces transformative initiatives by its wholly owned subsidiary, Fort Products Ltd. (“Fort”), to reshape pest control solutions and online shopping experiences, as previously announced on November 14, 2024 and November 18, 2024. With a creative move, Fort has partnered with leading digital developers to creat ...

Tel Aviv, Israel, Nov. 21, 2024 (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 it has entered into a patent licensing agreement (the “Licensing Agreement”), with Xiamen Fast Power Co., Ltd. (“Xiamen”), a Chinese company specializing in advanced photovoltaic technology. This Licensing Agreement grants Jeffs’ Brands the right to use the registered patent number 6345668 ow ...

Following the reverse share split the Company will have approximately 719,367 outstanding shares out of which approximately 520,290 will be publicly held Tel Aviv, Israel, Nov. 19, 2024 (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 its previously announced reverse share split of its issued and outstanding ordinary shares, no par value per share at a ratio of one-for-th ...