Jeffs' Brands entered into Non-Binding Letter of Intent to Acquire an Amazon Marketplace Leading Supplements Brand with Annualized Revenues of Approximately $2.7 million in 2022
Jeffs' Brands Ltd (JFBR)
Company Research
Source: GlobeNewswire
If completed, it would be the Company’s first acquisition since the completion of its IPO Tel Aviv, Israel, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (the “Company”, Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it has entered into a non-binding letter of intent for the purchase of an Amazon Marketplace brand for $2.5 million in cash. The acquisition is subject to, among other matters, a due diligence review by the Company and the negotiation and the signing of a binding definitive agreement. There can be no assurances that any component of the acquisition will proceed, nor can there be any assurance as to the final definitive terms thereof. The brand offers nutritional supplements, focusing on consumers' health, wellness, and longevity throughout their life. The brand's mission is to create premium quality supplements using safe, naturally sourced, proven ingredients combined with the best methods
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JFBR
News
- Jeffs' Brands Files its 2023 Annual Report on Form 20-F [Yahoo! Finance]Yahoo! Finance
- Jeffs' Brands Revenue for 2023 Ramps up to Over $10 Million Boosted by Strategic Acquisition of Fort [Yahoo! Finance]Yahoo! Finance
- Jeffs’ Brands Files its 2023 Annual Report on Form 20-FGlobeNewswire
- Jeffs’ Brands Revenue for 2023 Ramps up to Over $10 Million Boosted by Strategic Acquisition of FortGlobeNewswire
- Jeffs' Brands Launches Innovative Pest-Repellent Product Line Under the Fort Brand [Yahoo! Finance]Yahoo! Finance
JFBR
Sec Filings
- 4/2/24 - Form 6-K
- 4/1/24 - Form 20-F
- 3/11/24 - Form EFFECT
- JFBR's page on the SEC website