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An announcement from Jeffs’ Brands Ltd. ( (JFBR) ) is now available.
On January 21, 2025, Jeffs’ Brands Ltd announced the termination of a prior letter of intent with a U.S. company and the initiation of a new non-binding letter of intent with a Canadian public company for the acquisition of its U.S. subsidiary, Smart Repair Pro. The transaction involves exchanging Smart Repair Pro and a 49.1% stake in SciSparc Nutraceuticals Inc. for up to a 90% equity interest in the Canadian company. This strategic shift, pending due diligence and regulatory approval, could significantly alter Jeffs’ Brands’ industry position by expanding its influence in the Canadian market.
More about Jeffs’ Brands Ltd.
Jeffs’ Brands Ltd is a data-driven e-commerce company operating on the Amazon Marketplace. The company aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging both human capability and advanced technology.
YTD Price Performance: -6.77%
Average Trading Volume: 953,630
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.78M
Learn more about JFBR stock on TipRanks’ Stock Analysis page.
