Jeffs’ Brands Ltd. (JFBR) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Jeffs’ Brands Ltd. is planning a strategic shift by selling its U.S. subsidiary, Smart Repair Pro, to a U.S. public company in exchange for a significant equity stake. The transaction, valued at approximately $13.125 million, will allow Jeffs’ Brands to focus on core markets while retaining substantial future growth potential in the U.S. operations. The deal is expected to close by the end of 2024, pending regulatory approvals and due diligence.
For further insights into JFBR stock, check out TipRanks’ Stock Analysis page.
