Jeffs' Brands Enters Into Letter of Intent with a Pharmaceutical Company to Establish a Joint Venture to Develop and Market a New Product Line
Jeffs' Brands Ltd (JFBR)
Company Research
Source: GlobeNewswire
The new line of products will be in the fields of quality health and lifestyle products, such as nutritional and dietary supplements for various purposes Tel Aviv, Israel, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (the “Company”) (Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, today announced it has entered into a letter of intent ("LOI") with SciSparc Ltd. ("SciSparc") (Nasdaq: SPRC), a specialty pharmaceutical and food supplements company, to establish a joint venture ("JV") for the development of a new food supplements product line and its online marketing. The LOI contemplates that the two companies will form a JV in which they each own 50%. The transaction will be subject to the negotiation and preparation of definitive documentation. Upon entry into definitive documentation, Jeffs' Brands will be responsible for the online marketing of the products developed by SciSparc as part of the JV. Decisions regarding wh
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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