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Jeffs' Brands Ltd Ordinary Shares - $JFBR STOCK NEWS

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Jeffs’ Brands , operating on the Amazon Marketplace, received a notice from Nasdaq due to non-compliance with the minimum bid price requirement of $1.00 per share. The company has a 180-day grace period to meet the requirement or face potential delisting.

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-3.64%
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Jeffs’ Brands files its 2023 Annual Report on Form 20-F with the SEC, showcasing audited financial statements for the year ended December 31, 2023.
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10.81%
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Jeffs’ Brands reported a 71% revenue growth in 2023, reaching $10,008 thousand, attributed to the acquisition of Fort Product The company saw a 22% increase in gross profit, with operating loss at $5,089 thousand. Strategic acquisitions and a successful PIPE transaction in January 2024 showcase the company's growth and financial stability.
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10.81%
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Jeffs' Brands Ltd expands Fort brand with innovative pest control solutions targeting European market across multiple sectors.
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0.63%
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Jeffs' Brands Ltd announces strong financial performance for its subsidiary Fort Products Ltd on Amazon Marketplace, with a revenue increase of 23% to $5.3 million and a profit rise to $614 thousand in 2023 compared to 2022.
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-31.69%
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Jeffs' Brands Ltd announced the commencement of sales for its subsidiary Fort Products Ltd.'s pest control solutions on the Amazon Marketplace in France. The expansion is part of the Company's strategy to address the growing global demand for pest control solutions. The Company previously announced the establishment of a production line in China to ensure a steady supply of products. CEO Victor Hakmon emphasized the commitment to providing top-tier products and services to customers worldwide.
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Jeffs' Brands Ltd (Nasdaq: JFBR, JFBRW) announced that its subsidiary, Fort Products Ltd., signed an exclusive distribution agreement with a leading manufacturer of solar panel protection and related products. Fort will market and sell the products globally on the Amazon Marketplace and as a wholesaler. The agreement grants Fort the exclusive right to sell and market the products with no territorial limitation, following the success of selling the products on the Amazon Marketplace UK. Victor Hakmon, CEO of Jeffs' Brands, highlighted the company's adaptability and commitment to addressing evolving market needs.
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-2.43%
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Jeffs' Brands Ltd (JFBR) has completed the establishment of a dedicated manufacturing line for its subsidiary Fort Products Ltd in China. The new production line aims to meet future demands and reduce costs. Fort currently offers over 120 products for pest control, with a focus on the UK market and expanding into new territories. The company's CEO, Victor Hakmon, highlights the growing potential of the business and the expansion into new regions, along with the introduction of new products to meet market demands.
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3.38%
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Jeffs’ Brands Ltd announced the closing of a private placement with institutional investors, generating $7.275 million in gross cash proceeds. The net proceeds will be used for working capital, general corporate purposes, and potential acquisitions. The private placement involved the issuance of 2,704,461 units and pre-funded units, consisting of ordinary shares and warrants. Aegis Capital Corp. acted as the Exclusive Placement Agent for the private placement. The securities were sold in a private placement exempt from the registration requirements of the Securities Act of 1933.
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0.31%
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Jeffs’ Brands Ltd, a data-driven e-commerce company operating on the Amazon Marketplace, has entered into securities purchase agreements with certain institutional investors for aggregate gross cash proceeds of $7.275 million. The net proceeds will be used for working capital, general corporate purposes, and potential acquisitions. The private placement will issue 2,704,461 units and pre-funded units, with common warrants exercisable for 5.5 years at an exercise price of $2.69 per ordinary share and one common warrant at an exercise price of $0.00001.
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Jeffs' Brands Ltd Ordinary Shares

Nasdaq:JFBR

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1.50M
5.38M
12.8%
1.27%
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