Jeffs' Brands Enters into Two Strategic Transactions for an Approximate Aggregate Valuation of $23 Million

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]