Jeffs Brands Stock Price, News & Analysis

Jeffs' Brands (NASDAQ:JFBR), an e-commerce company operating on Amazon Marketplace, has secured a $100 million Securities Purchase Agreement with an institutional investor. The company received an initial $4.5 million in gross proceeds for a $5.0 million convertible promissory note.

Starting December 1, 2025, the company can request additional notes of up to $2.5 million per quarter. The notes feature a 4% annual interest rate, convertible into ordinary shares at the lower of $6.80 per share or 88% of the lowest 20-day VWAP. The funds will be used for working capital, general corporate purposes, and potential acquisitions.

Jeffs' Brands (NASDAQ: JFBR) has received TSX Venture Exchange approval for the merger of its UK subsidiary Fort Products with Impact Acquisitions. The deal values Fort Products at up to US$15 million, with Impact issuing 100 million common shares at CAD $0.171246 per share, totaling approximately US$12.5 million. Jeffs' Brands will initially own 75.02% of Impact's shares, potentially increasing to 83.29% upon meeting certain milestones. The transaction, expected to complete by July 7, 2025, aims to leverage Fort's e-commerce platform on Amazon Marketplace. An independent valuation report dated April 14, 2025, values Fort between CAD$16.86-20.59 million. Upon completion, Impact will be listed as a Tier 2 technology issuer on TSXV with approximately 133.3 million shares outstanding.

Jeffs' Brands (NASDAQ: JFBR), an e-commerce company operating on Amazon Marketplace, announced a 1-for-17 reverse share split effective June 16, 2025. The split will reduce outstanding shares from 9,407,534 to approximately 553,385, with the stock continuing to trade under symbol JFBR but with a new CUSIP number M61472144. The reverse split, approved by shareholders on April 28, 2025, will not alter shareholders' percentage ownership or affect the company's 1.5 billion authorized shares. All fractional shares will be rounded to the nearest whole share at the DTC level. The company will also adjust exercise prices and share quantities for outstanding options and warrants proportionally, with fractional shares rounded up.

Jeffs' Brands (NASDAQ: JFBR) has secured a registered direct offering worth $581,000 through a securities purchase agreement with an institutional investor. The e-commerce company will issue 662,500 ordinary shares and pre-funded warrants to purchase up to 1,276,007 ordinary shares at an exercise price of $0.0001. The pre-funded warrants will be immediately exercisable and will expire upon full exercise. The offering, expected to close around May 28, 2025, will be conducted under an effective Form F-3 registration statement. The company plans to use the proceeds for working capital, general corporate purposes, and potential acquisitions. Notably, CEO Vik Hakmon has a personal interest in the offering due to family ties with the controlling shareholder of the investor, L.I.A. Pure Capital Ltd.

Jeffs' Brands Ltd (NASDAQ: JFBR) is preparing to launch its AI-powered pest control mobile application, Fort app, on major mobile platforms. The app, developed by Fort Products Limited (a wholly-owned subsidiary), has already launched on the Apple App Store and is pending approval on Google Play.

The Fort app leverages artificial intelligence to help users identify household pests and provides customized treatment recommendations based on pest type, infestation severity, and user preferences. The app also features curated product suggestions, including Fort's proprietary pest control solutions.

This launch represents a key component of Jeffs' Brands' digital transformation strategy, aiming to enhance direct-to-consumer digital offerings and strengthen its market position.

Jeffs' Brands (NASDAQ: JFBR) has announced two strategic transactions valued at approximately $23.4-$26 million. The first transaction involves selling Smart Repair Pro and a 49.1% stake in SciSparc Nutraceutical to Plantify Foods for approximately $11.8 million in exchange for a 75-90% equity stake in Plantify Foods. The second transaction involves the merger of its UK subsidiary Fort Products with Impact Acquisitions Corp, valued at $11.6-$14.2 million, in exchange for 75.02-83.29% ownership of Impact's share capital.

The Plantify Foods transaction is expected to close by July 31, 2025, while the Fort Products merger is anticipated to complete by May 31, 2025. These strategic moves aim to strengthen Jeffs' Brands' position in the Amazon Marketplace while creating significant shareholder value through portfolio diversification and enhanced market presence.

Jeffs' Brands has entered a definitive agreement to sell its key U.S. assets to Canadian company Plantify Foods in a deal valued at approximately $11.8 million. The transaction includes the sale of Smart Repair Pro, which operates Jeffs' Brands' Amazon U.S. Marketplace stores, and its 49.1% stake in SciSparc Nutraceuticals.

In exchange, Jeffs' Brands will receive up to 90% equity interest in Plantify Foods, with an initial 75% stake upon closing. The deal values Smart Repair Pro and the SciSparc stake at CAD 17.125 million, while Plantify Foods is valued at CAD 4.85 million.

Current Jeffs' Brands chairman Oz Adler will serve as Plantify Foods' chairman, while CFO Ronen Zalayet will become CFO and corporate secretary. The transaction is expected to close by July 31, 2025, subject to regulatory approvals and closing conditions.

Jeffs' Brands (Nasdaq: JFBR) has announced the launch of its AI-powered pest control mobile app on the Apple App Store through its subsidiary, Fort Products The app leverages artificial intelligence to help users identify household pests and provides customized treatment recommendations based on pest type, infestation severity, and user preferences.

The app features curated product suggestions, including Fort's proprietary pest control solutions, and has undergone extensive internal testing to ensure optimal user experience across devices. Fort is also developing an Android version, which has been submitted to Google Play and is expected to launch soon.

This launch represents a significant milestone in Jeffs' Brands' strategy to expand its direct-to-consumer digital presence and positions the company at the forefront of digital transformation in the pest control market.

Jeffs' Brands (Nasdaq: JFBR) announced that its subsidiary, Fort Products , has submitted the Android version of its AI-powered pest control mobile application to Google Play for review. The app, which has completed development and internal testing, uses artificial intelligence to help users identify pests and recommend targeted treatments based on species, infestation severity, and user preferences.

The application includes curated product suggestions, featuring Fort's proprietary pest control solutions. Following successful internal testing across various Android devices, the app is designed for optimal usability, performance, and cross-device compatibility. This development aligns with Jeffs' Brands' strategy to expand its direct-to-consumer offerings and establish new digital channels for its owned brands.