Tel Aviv, Israel, March 13, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd ("Jeffs' Brands" or the "Company") (NASDAQ:JFBR, JFBRW)), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that further to its press release dated February 6, 2025, regarding the definitive agreement to complete the contemplated merger of Fort Products Limited, a U.K.-based private company and a wholly owned subsidiary of the Company ("Fort Products"), with Impact Acquisitions Corp. ("Impact"), a capital pool company listed on the TSX Venture Exchange (the "Proposed Merger"), Impact has obtained a valuation report from Evans & Evans, Inc. ("Evans & Evans"), which indicates that in t
The company to be acquired operates an approximately 100,000 square foot logistics facility equipped with 20 loading docks situated near the third largest port in the United States and will also enable Jeffs' Brands to provide services to third parties. Tel Aviv, Israel, March 11, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd ("Jeffs' Brands" or the "Company") (NASDAQ:JFBR, JFBRW)), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that the Company and its wholly-owned subsidiary, Smart Repair Pro, has entered on March 10, 2025 into a definitive agreement (the "Agreement") to acquire Pure NJ Logistics LLC ("Pure Logistics"), a company that operates a stra
Tel Aviv, Israel, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd ("Jeffs' Brands" or the "Company") (NASDAQ:JFBR, JFBRW)), a data-driven e-commerce company operating on the Amazon Marketplace, today announced it that, further to its press release on January 3, 2025, is has entered into a definitive agreement to complete the contemplated merger of Fort Products Limited, a UK-based private company and a wholly owned subsidiary of the Company ("Fort Products"), with Impact Acquisitions Corp. ("Impact"), a capital pool company listed on the TSX Venture Exchange (the "Proposed Merger"). Under the definitive share purchase agreement (the "Definitive Agreement"), Impact Acquisitions will ac
Tel Aviv, Israel, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd ("Jeffs' Brands" or the "Company") (NASDAQ:JFBR, JFBRW)), a data-driven e-commerce company operating on the Amazon Marketplace, announced today that its wholly-owned (100%) subsidiary, Fort Products Limited. ("Fort") has signed an agreement with a developer, to integrate the DeepSeek platform, an artificial intelligence ("AI") platform, into Fort's website. This integration aims to optimize data analysis, enhance user experiences, and drive operational efficiency. DeepSeek: Transforming E-Commerce Operations DeepSeek's proprietary algorithms and machine-learning capabilities is expected to empower Jeffs' Brands to gain
The U.S. market, together with the rest of North America, is anticipated to be the World's Fastest Growing Pesticides Market Tel Aviv, Israel, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd ("Jeffs' Brands" or the "Company") (NASDAQ:JFBR, JFBRW)), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it has issued a non- recourse convertible promissory note in the principal amount of $2,850,000 (the "Note") to an institutional investor (the "Holder"). The Company intends to use the net proceeds of $2,565,000 received from the issuance of the Note and any additional net proceeds from the exercise of the Warrant (as defined below), to the extent e
The previous letter of intent with a U.S. public company was terminated pursuant to its own terms and Jeffs' Brands has entered into a new non-binding letter of intent to for the acquisition of its wholly-owned U.S. Subsidiary, Smart Repair Pro, and its approximately 49.1% ownership interest in SciSparc Nutraceuticals Inc., by a Canadian public company in exchange for an up to 90% equity (on a fully diluted basis) interest in such company Tel Aviv, Israel, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd ("Jeffs' Brands" or the "Company") (NASDAQ:JFBR, JFBRW)), a data-driven e-commerce company operating on the Amazon Marketplace, today announced an update regarding the potential acqui
Tel Aviv, Israel, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd ("Jeffs' Brands" or the "Company") (NASDAQ:JFBR, JFBRW)), a data-driven e-commerce company operating on the Amazon Marketplace, today announced its preliminary estimated preliminary results for the year ended December 31, 2024, highlighting estimated revenue growth, expansion of the Company's e-commerce platforms and plans to continue to explore merger and acquisition opportunities. Jeffs' Brands estimates its revenues for the year ended December 31, 2024 to exceed $13 million, reflecting an approximately 30% growth from $10 million in 2023. Jeffs' Brands believes that this momentum, fueled by market expansion of Fort
Tel Aviv, Israel, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd ("Jeffs' Brands" or the "Company") (NASDAQ:JFBR, JFBRW)), a data-driven e-commerce company operating on the Amazon Marketplace, has signed a non-binding Letter of Intent (LOI) for the potential merge Fort Products Limited, a UK-based private company, with Impact Acquisitions Corp., a capital pool company listed on the TSX Venture Exchange. Under the proposed share exchange agreement, Impact Acquisitions will acquire 100% of Fort Products' shares. Jeffs Brands will receive between 75.02% and 83.29% ownership of Impact share capital, contingent upon meeting predetermined milestones. The Proposed Acquisition is based on
Innovative Drone Safety Systems Now Available Exclusively on Amazon US Tel Aviv, Israel, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd ("Jeffs' Brands" or the "Company") (NASDAQ:JFBR, JFBRW)), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that further to its announcement on December 5, 2024 regarding the entry into an agreement granting it the exclusive worldwide right to distribute certain advanced drone safety systems developed by a leading drone company, such exclusive drone safety systems are now available on Amazon US. Crafted for both recreational and professional drone users, these advanced systems offer a significant step forward in e
Tel Aviv, Israel, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd ("Jeffs' Brands" or the "Company") (NASDAQ:JFBR, JFBRW)), a data-driven e-commerce company operating on the Amazon Marketplace, announced that it has entered into an agreement granting it the exclusive worldwide right to distribute certain advanced drone safety systems developed by a leading drone company for a period of two years and subject to certain conditions. The innovative drone safety systems will be sold by the Company exclusively through the Amazon's global marketplace. The entry into the agreement, previously announced, highlights Jeffs' Brands' commitment to leveraging its expertise in e-commerce to bring a
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Following the reverse share split the Company will have approximately 719,367 outstanding shares out of which approximately 520,290 will be publicly held Tel Aviv, Israel, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd ("Jeffs' Brands" or the "Company") (NASDAQ:JFBR, JFBRW)), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that its previously announced reverse share split of its issued and outstanding ordinary shares, no par value per share at a ratio of one-for-thirteen (1-for-13) (the "Reverse Share Split"), is expected to be implemented after market close today. The Ordinary Shares will continue to trade on the Nasdaq Capital Market under the
Following the reverse share split, the Company will have approximately 1,188,805 Ordinary Shares issued and outstanding, out of which approximately 52.5% are held by insiders TEL AVIV, Israel, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd. (NASDAQ:JFBR) ("Company" or "Jeffs' Brands") a data-driven e-commerce company operating on the Amazon Marketplace, announced today that its previously announced reverse share split of its issued and outstanding ordinary shares, no par value at a ratio of 1-for-7, is expected to be implemented after market close today. The Company's Ordinary Shares will begin trading on the Nasdaq Capital Market on a post-split basis at the market open on Nove
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