Core Viewpoint - Jeffs' Brands Ltd has entered into a Securities Purchase Agreement to issue up to $100 million in convertible promissory notes, with an initial closing resulting in $4.5 million in gross proceeds from a $5 million note [1][3]. Group 1: Securities Purchase Agreement Details - The Company issued an initial $5 million Promissory Note for a purchase price of $4.5 million [1]. - The Company may request additional Promissory Notes of up to $2.5 million per quarter starting December 1, 2025, with a total limit of $50 million until that date and $25 million per quarter thereafter [3][4]. - Each Additional Promissory Note will be issued at a 10% original issue discount and will accrue interest at an annual rate of 4%, increasing to 14% upon default [5]. Group 2: Conversion and Repayment Terms - The Investor has the option to convert outstanding amounts under each Promissory Note into Ordinary Shares at a conversion price of either $6.80 per share or 88% of the lowest daily volume weighted average price during the preceding 20 trading days, subject to a 4.99% ownership limitation [6]. - Each Promissory Note is to be repaid in ten equal monthly installments starting 18 months after issuance [5]. Group 3: Company Strategy and Use of Proceeds - The net proceeds from the sale of the Promissory Notes will be used for working capital, general corporate purposes, and potential acquisitions to explore strategic opportunities [3]. - The Company is not obligated to issue any Additional Promissory Notes and there are no penalties or minimum drawdown requirements [7]. Group 4: Company Background - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging insights into the Amazon FBA business model [9].

One of the strategic opportunities was to create Only Fans many many years before Only Fans and we decided not to do it. How does that come as a strategic opportunity and why did you decide not to do it. The reason why I'm saying that we could have done it is because this was actually bubbling within the first versions of Fiverr organically.We didn't have a category for that. We started noticing this was happening behind the scenes. There were like code words that people spread on social and said, "Oh, go t ...

Mammoth Energy Services (TUSK) Q1 2025 Earnings Call May 07, 2025 11:00 AM ET Company Participants Zach Vaughan - Vice PresidentPhil Lancaster - CEO & DirectorMark Layton - CFOJoshua Jayne - Managing Director Operator a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Zach Phong. Thank you. You may begin. Zach Vaughan Thank you, operator, and good morning, everyone. We appreciate you joining us for the Mammoth Energy conference call to review twenty twenty five firs ...