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].