Jeffs' Brands Announces 1-for-7 Reverse Share Split [Yahoo! Finance]
Medigus Ltd. - American Depositary Shares (MDGS)
US:NASDAQ Investor Relations:
medigus.com/investor-relations/investor-faqs
Company Research
Source: Yahoo! Finance
TEL AVIV, Israel, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Lt. (Nasdaq: JFBR) (“Company” or “Jeffs' Brands”) a data-driven e-commerce company operating on the Amazon Marketplace, announced today that it will conduct a reverse share split of its issued and outstanding ordinary shares, no par value, at a ratio of 1-for-7. The Company's Ordinary Shares will begin trading on the Nasdaq Capital Market on a post-split basis at the market open on November 3, 2023, under the Company's existing trading symbol “JFBR”. The trading symbol “JFBRW” and CUSIP number for the Company's public warrants will remain unchanged following the reverse share split. The reverse share split was approved by the Company's shareholders at the Company's Annual Meeting of Shareholders held on September 5, 2023 to be effected in the board of director's discretion within approved parameters. Following the implementation of the reverse split, the Company's authorized share capital will not be adjusted under
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