Core Viewpoint - Jeffs' Brands Ltd is strategically pivoting into the homeland security sector and has announced that its subsidiary, Fort Technology Inc., is pursuing an uplisting on the Nasdaq Capital Market to enhance visibility and liquidity for its shareholders [1][2]. Group 1: Company Overview - Jeffs' Brands operates as a data-driven e-commerce company, primarily on the Amazon Marketplace, and has expanded into the global homeland security sector through its subsidiary, KeepZone AI Inc. [4] - The company aims to deliver comprehensive security ecosystems for critical infrastructure worldwide, leveraging its expertise in data-driven operations [4]. Group 2: Strategic Initiative - Fort Technology Inc. has received approval from its board of directors to pursue an uplisting of its common shares on Nasdaq [1]. - The uplisting is expected to provide greater liquidity and access to a broader pool of institutional and retail investors both in the U.S. and internationally [2]. - Management plans to engage advisors and prepare necessary filings with the U.S. Securities and Exchange Commission (SEC) to meet Nasdaq's listing requirements [3].
Jeffs’ Brands: Fort Technology Inc. Announces Intention to List its Common Shares on the Nasdaq Capital Market