Jeffs’ Brands Ltd. (JFBR) has released an update.
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Jeffs’ Brands Ltd. has been granted an additional 180 days by Nasdaq to meet the minimum $1 bid price requirement for its shares, with no immediate impact on their trading status. The company plans to address this issue, potentially through a reverse share split, to maintain its Nasdaq listing. Investors should watch for developments as Jeffs’ Brands works to regain compliance by April 2025.
For further insights into JFBR stock, check out TipRanks’ Stock Analysis page.