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].
Jeffs' Brands Announces Pricing of approx. $581 Thousand Registered Direct Offering