Jeffs’ Brands Sells 6.3% of Fort Technology’s Outstanding Shares ; Company to Retain Majority Stake Valued at Approximately $24 Million Valuation
Jeffs' Brands Ltd - Ordinary Shares (JFBR)
Company Research
Source: GlobeNewswire
As part of its strategic shift, Company is divesting retail assets to focus on homeland security and advanced technologies Tel Aviv, Israel, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace expanding into the global homeland security sector through advanced artificial intelligence (“AI”) – driven solutions, today announced the closing of a share transfer agreement dated December 18, 2025 with institutional investors, to sell and transfer 714,286 common shares of Fort Technology Inc. (TSXV: FORT) (“Fort”), for a total consideration of CAD $928,571 (approximately CAD $1.3 per share). The shares represent approximately 8.1% of Jeffs’ Brands holdings in Fort and approximately 6.3% of Fort’s outstanding shares. Following the closing, the Company currently holds a 71.55% equity stake in Fort. This transaction represents a partial divestment of the Company
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JFBR
Sec Filings
- 2/19/26 - Form F-3
- 2/19/26 - Form 6-K
- 2/12/26 - Form 6-K
- JFBR's page on the SEC website