Core Insights - Jeffs' Brands Ltd has successfully completed the development phase of its AI-based pest control mobile application, which is now undergoing internal testing before its launch on the Apple App Store and Google Play [1][2][3] Group 1: Application Development - The innovative app aims to provide intelligent and accessible pest control solutions directly to users' smartphones [2] - The application leverages artificial intelligence to help users identify pests and offers tailored treatment recommendations based on type, severity, and user preferences [3] - Fort Products Ltd, a wholly-owned subsidiary of Jeffs' Brands, is focused on perfecting the app's functionality and usability through rigorous internal testing [3] Group 2: Company Overview - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, utilizing both human capability and advanced technology [4]

Core Viewpoint - Jeffs' Brands Ltd has successfully completed the acquisition of Pure NJ Logistics LLC for a total of $2.6 million, aiming to enhance its supply chain and third-party service capabilities [1][3]. Group 1: Acquisition Details - The acquisition includes a base payment of $2.1 million and a deferred payment of $500,000, with the latter to be paid in ten monthly installments of $50,000 starting after six months [3]. - The logistics facility spans approximately 100,000 square feet and features 20 loading docks, strategically located near major U.S. ports and airports, facilitating efficient transportation and logistics operations [2][3]. Group 2: Strategic Implications - The acquisition is expected to support Jeffs' Brands' expansion and improve inventory management and order fulfillment, addressing the growing demand in the e-commerce sector [2][3]. - The facility's design allows for high container volumes, which is crucial for scaling operations effectively in a fast-paced e-commerce environment [2]. Group 3: Financial Arrangements - As part of the acquisition, the company issued warrants to the sellers to purchase up to 181,819 ordinary shares at an exercise price of $2.75, serving as security for the repayment of the promissory notes [4]. - An additional cash payment of approximately $247,401.87 was made to cover an outstanding security deposit related to a lease agreement of Pure Logistics [5]. Group 4: Governance and Compliance - The acquisition was approved by the company's audit committee and board of directors, ensuring compliance with Israeli Companies Law due to potential conflicts of interest involving company executives [6].

Core Viewpoint - Jeffs' Brands Ltd has successfully closed a $2.6 million acquisition of Pure NJ Logistics LLC, aiming to enhance its supply chain and third-party service offerings through a strategically located logistics facility [1][2]. Acquisition Details - The acquisition involves a logistics center of approximately 100,000 square feet with 20 loading docks, located near major U.S. ports and airports, facilitating improved transportation and logistics operations [2]. - The total consideration for the acquisition includes a base payment of $2.1 million and a deferred payment of $500,000, with the base payment made in cash at closing [3]. - The deferred payment will be structured through promissory notes with a 9% annual interest rate, to be paid in ten monthly installments of $50,000 starting after the sixth month [3][4]. Financial Arrangements - As security for the promissory notes, the company issued warrants to the sellers for the purchase of up to 181,819 ordinary shares at an exercise price of $2.75 per share [4]. - An additional cash payment of approximately $247,401.87 was made to cover an outstanding security deposit under a current lease agreement of Pure Logistics [5]. Management and Governance - The acquisition was approved by the company's audit committee and board of directors, with disclosures regarding potential conflicts of interest involving former directors and family members of controlling shareholders [6]. Company Overview - Jeffs' Brands aims to transform 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 progressing towards a merger with Fort Products Limited, with a valuation report indicating Fort Products' equity interests are valued between CAD 16.8 million and CAD 20.5 million (approximately US$11.6 million to US$14.2 million) as of January 31, 2025 [1][2]. Group 1: Merger Details - The Proposed Merger involves Impact Acquisitions Corp acquiring 100% of Fort Products' equity interests in exchange for 75.02% ownership of Impact's share capital, potentially increasing to 83.29% based on milestone achievements [3]. - A minimum valuation of CAD 14 million (approximately US$9.6 million) for Fort Products is required as a closing condition for the merger [2]. - The completion of the Proposed Merger is anticipated by May 31, 2025, subject to various conditions including due diligence and regulatory approvals [5]. Group 2: Company Background - Jeffs' Brands aims to innovate in e-commerce by creating and acquiring products to enhance their market presence, leveraging advanced technology and insights into the Amazon FBA business model [7]. - Fort Products, established in 2005, specializes in manufacturing and selling products for the pest control and remedial repair industry, boasting nearly 20 years of technical expertise [8].

Core Viewpoint - Jeffs' Brands Ltd is progressing towards a merger with Fort Products Limited, with a valuation report indicating Fort Products' equity interests are valued between CAD 16.8 million and CAD 20.5 million (approximately US$11.6 million to US$14.2 million) as of January 31, 2025 [1][2]. Group 1: Merger Details - The Proposed Merger involves Impact Acquisitions Corp acquiring 100% of Fort Products' equity interests in exchange for 75.02% ownership of Impact's share capital, potentially increasing to 83.29% based on milestones [3]. - A minimum valuation of CAD 14 million (approximately US$9.6 million) for Fort Products is required as a closing condition for the merger [2]. - The completion of the merger is anticipated by May 31, 2025, subject to various conditions including due diligence and regulatory approvals [5]. Group 2: Company Background - Jeffs' Brands aims to innovate in e-commerce by creating and acquiring products to become market leaders, leveraging advanced technology and insights into the Amazon FBA business model [7]. - Fort Products, established in 2005, specializes in manufacturing and selling products for the pest control and remedial repair industry, boasting nearly 20 years of technical knowledge [8].

Core Viewpoint - Jeffs' Brands Ltd has entered into a definitive agreement to acquire Pure NJ Logistics LLC, which operates a strategically located logistics facility, enhancing the company's supply chain capabilities and supporting its growth strategy [2][3]. Acquisition Details - The acquisition involves Smart Repair Pro acquiring 100% of Pure Logistics for a base payment of $2,100,000 and a deferred payment of $500,000, with the closing expected within seven business days [4]. - The deferred payment will be made through promissory notes with an annual interest rate of 9%, repayable in ten monthly installments of $50,000 each [4][5]. - As security for the promissory notes, the company will issue warrants to the sellers to purchase ordinary shares at an initial exercise price of $2.75 [5]. Strategic Benefits - The logistics center is expected to enhance efficiency by streamlining operations for inventory management and order processing, crucial for e-commerce businesses [9]. - Its location near major transportation hubs like Newark and JFK Airports will allow for quicker turnaround times, reducing logistical hurdles [10]. - The facility's 20 loading docks will enable capacity expansion to meet increasing customer demand effectively [10]. Company Overview - Jeffs' Brands aims to transform e-commerce by creating and acquiring products, leveraging insights into the Amazon FBA business model to unlock growth potential [11].

Core Viewpoint - Jeffs' Brands Ltd has entered into a definitive agreement to acquire Pure NJ Logistics LLC, which operates a strategically located logistics facility, enhancing the company's supply chain capabilities and supporting its growth strategy [1][2]. Acquisition Details - The acquisition involves Smart Repair Pro acquiring 100% of Pure Logistics for a base payment of $2,100,000 and a deferred payment of $500,000, with the base payment made in cash at closing [3]. - The deferred payment will be structured through promissory notes with an annual interest rate of 9%, to be repaid in ten monthly installments of $50,000 starting after the sixth month anniversary of the closing [3][4]. - An additional cash payment of $247,401.87 will be made to cover an outstanding security deposit under a current lease agreement of Pure Logistics [5]. Strategic Benefits - The logistics center's location near major transportation hubs is expected to facilitate efficient transportation and logistics operations, crucial for e-commerce [2][9]. - The facility will enhance operational efficiency by providing ample space for inventory management and order processing [8]. - With 20 loading docks, the center is well-equipped to handle large volumes, enabling the company to meet increasing customer demand effectively [9]. Company Background - Jeffs' Brands aims to transform e-commerce by creating and acquiring products, leveraging insights into the Amazon business model to tap into growth potential [10].

Core Viewpoint - Impact Acquisition Corp. is set to undergo a reverse takeover by Jeffs' Brands Ltd, which will involve the acquisition of Fort Products Limited, marking a significant transaction expected to be completed by May 31, 2025 [1][4]. Proposed Transaction - The transaction involves Jeffs Brands transferring all issued and outstanding securities of Fort Products to Impact in exchange for 100,000,000 common shares and 66,000,000 contingent rights [2]. - The contingent rights allow for the acquisition of additional shares based on specific milestones, including listing on a US Exchange, raising US$8,000,000 in financing, and achieving annual revenues of US$15,000,000 by December 31, 2028 [2]. Conditions for Completion - Completion of the transaction is contingent upon various approvals, including regulatory and court approvals, and the accuracy of representations made by both parties [3]. - The transaction is expected to be completed by May 31, 2025, pending the satisfaction of all conditions [4]. Resulting Issuer Capitalization - Post-transaction, approximately 133,300,000 Resulting Issuer Shares are expected to be issued on a non-diluted basis, with existing shareholders of Impact holding about 21.23% and Jeffs Brands holding approximately 75.02% [9]. Financial Information of Fort Products - For the year ended December 31, 2024, Fort Products reported current assets of US$3,990,000, total assets of US$4,125,000, revenue of US$9,875,000, and a net income of US$342,000 [10]. Management and Board Composition - The board of directors for the Resulting Issuer will include five members, with Gabi Gabazo as CEO and Ronen Zalayet as CFO [11][17][18]. Trading and Sponsorship - Trading of Impact's shares has been halted pending the completion of the transaction, and the company intends to apply for a waiver from the sponsorship requirement for the Qualifying Transaction [20][21]. Company Backgrounds - Jeffs' Brands focuses on transforming e-commerce products into market leaders, leveraging the Fulfillment by Amazon business model [22]. - Fort Products specializes in manufacturing and selling products for the pest control and remedial repair industry, established in 2005 [23]. - Impact is a capital pool company aimed at identifying and evaluating potential acquisitions to generate profits and enhance shareholder value [24].

Core Viewpoint - Jeffs' Brands Ltd has announced a definitive agreement to merge its wholly owned subsidiary Fort Products Limited with Impact Acquisitions Corp, a capital pool company, with the transaction expected to enhance its market position in e-commerce [1][2][3]. Group 1: Proposed Merger Details - The merger involves Impact Acquisitions acquiring 100% of Fort Products' equity interests, with Jeffs' Brands potentially owning between 75.02% and 83.29% of Impact's share capital based on performance milestones [2]. - The total valuation of Impact is approximately 4.8 million CAD (around US $3.3 million), while Fort Products is valued at approximately 17.1 million CAD (around US $11.9 million) [3]. - A condition for closing the transaction is that the fair market value of Fort Products' equity interests must not be less than 14 million CAD (approximately US $9.7 million) [4]. Group 2: Transaction Conditions and Timeline - The completion of the merger is subject to various conditions, including due diligence, corporate and regulatory approvals, and a Pre-Ruling from the Israel Tax Authority [5]. - The anticipated completion date for the transaction is by May 31, 2025, contingent upon meeting all conditions [6]. Group 3: Company Backgrounds - Jeffs' Brands aims to innovate in e-commerce by creating and acquiring products, leveraging advanced technology and market insights to drive growth [8]. - Fort Products is a UK-based manufacturer specializing in pest control and remedial repair products, with nearly 20 years of industry experience [9]. - Impact Acquisitions is a capital pool company focused on identifying and evaluating potential acquisitions that can generate profits and enhance shareholder value [10].

Core Viewpoint - Jeffs' Brands Ltd has announced a definitive agreement to merge its wholly owned subsidiary Fort Products Limited with Impact Acquisitions Corp, a capital pool company, with the transaction expected to be completed by May 31, 2025 [1][6]. Group 1: Proposed Merger Details - The merger involves Impact Acquisitions acquiring 100% of Fort Products' equity interests, with Jeffs' Brands potentially receiving 75.02% to 83.29% ownership of Impact's share capital based on performance milestones [2]. - The total valuation of Impact is approximately 4.8 million CAD (about US $3.3 million), while Fort Products is valued at approximately 17.1 million CAD (about US $11.9 million) [3]. - A condition for closing the transaction is that the fair market value of Fort Products' equity interests must not be less than 14 million CAD (approximately US $9.7 million) [4]. Group 2: Conditions and Approvals - The completion of the merger is subject to various conditions, including due diligence, corporate and regulatory approvals, and a Pre-Ruling from the Israel Tax Authority [5]. - Upon closing, Impact plans to issue equity to certain finders as compensation for advisory services related to the merger [7]. Group 3: Company Backgrounds - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging advanced technology and insights into the Amazon FBA business model [8]. - Fort Products is a UK-based manufacturer specializing in pest control and remedial repair products, with nearly 20 years of industry experience since its establishment in 2005 [9]. - Impact is a capital pool company focused on identifying and evaluating potential acquisitions that can generate profits and add shareholder value [10].