Jeffs’ Brands (NASDAQ: JFBR) resets warrant exercise price to $0.65736
Rhea-AI Filing Summary
Jeffs’ Brands Ltd reported a change to the exercise price of certain outstanding warrants. Effective as of January 8, 2026, the exercise price for each whole ordinary share issuable upon exercise of its Series A Warrants and a warrant issued in connection with a convertible promissory note was adjusted to $0.65736, in accordance with the adjustment provisions in those warrants. The company stated that no other changes, adjustments, or modifications were made to these warrants, and it also incorporated this update by reference into several existing Form F-3 and Form S-8 registration statements.
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FAQ
What did Jeffs’ Brands Ltd (JFBR) change in this Form 6-K?
Jeffs’ Brands Ltd updated the exercise price of its outstanding Series A Warrants and a warrant issued with a convertible promissory note. The exercise price for each whole ordinary share under these warrants was adjusted to $0.65736, effective as of January 8, 2026, with no other changes to the warrant terms.
Which warrants of Jeffs’ Brands (JFBR) are affected by the $0.65736 exercise price?
The change applies to the Series A Warrants dated January 29, 2024 and to the amended and restated warrant issued in connection with a convertible promissory note dated January 16, 2025. Both now have an exercise price of $0.65736 per whole ordinary share, subject to further adjustments as provided in their terms.
Were there any other modifications to Jeffs’ Brands (JFBR) warrants besides the exercise price adjustment?
No. The company stated that no other changes, adjustments or modifications were made to either the Series A Warrants or the warrant issued in connection with the convertible promissory note, apart from adjusting the exercise price.
From what date is the new $0.65736 warrant exercise price effective for Jeffs’ Brands?
The adjusted exercise price of $0.65736 per whole ordinary share is effective as of January 8, 2026, as specified in the update.
How does this Jeffs’ Brands (JFBR) Form 6-K relate to existing registration statements?
This Form 6-K is incorporated by reference into Jeffs’ Brands’ Registration Statements on Form F-3 (File Nos. 333-277188, 333-262835, 333-283848, 333-283904, 333-285030, 333-287341) and Form S-8 (File Nos. 333-269119, 333-280459, 333-291322), becoming part of those registration statements from the date this report is submitted.
Does the exercise price adjustment in Jeffs’ Brands (JFBR) warrants change the number of shares available?
The disclosure only states that the exercise price of the affected warrants was adjusted to $0.65736 and that no other changes were made to those warrants. It does not describe any change to the number of ordinary shares underlying the warrants.