Associated tags: Amazon Marketplace
Locations: ITALY, FRANCE, SPAIN, TEL AVIV, CANADA, PARIS, UNITED KINGDOM, NETHERLANDS, HAIR, CHINA, ISRAEL, GERMANY, BRAND, NEW JERSEY
Retrieved on:
Tuesday, January 30, 2024
The aggregate gross cash proceeds were $7.275 million, before deducting fees to the placement agent and other offering expenses payable by the Company.
Key Points:
- The aggregate gross cash proceeds were $7.275 million, before deducting fees to the placement agent and other offering expenses payable by the Company.
- In connection with the private placement, the Company issued an aggregate of 2,704,461 units and pre-funded units.
- No actual units or pre-funded units were issued in connection with the private placement.
- Aegis Capital Corp. acted as the Exclusive Placement Agent for the private placement.
Retrieved on:
Thursday, January 25, 2024
In connection with the private placement, the Company will issue an aggregate of 2,704,461 units and pre-funded units.
Key Points:
- In connection with the private placement, the Company will issue an aggregate of 2,704,461 units and pre-funded units.
- The closing of the private placement is expected to occur on or about January 29, 2024, subject to the satisfaction of certain customary closing conditions.
- Aegis Capital Corp. is acting as the Exclusive Placement Agent for the private placement.
- is serving as counsel to Aegis Capital Corp. for the private placement.
Retrieved on:
Tuesday, January 23, 2024
Tel Aviv, Israel, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, announced today that its wholly owned subsidiary, Fort Products Ltd. (“Fort”), had signed an exclusive distribution agreement with a leading manufacturer of solar panel protection and related products (the “Products”). According to the agreement, Fort was granted the exclusive right to sell and market the Products as an independent distributor, with no territorial limitation.
Key Points:
- According to the agreement, Fort was granted the exclusive right to sell and market the Products as an independent distributor, with no territorial limitation.
- Fort has previously achieved great success in selling the Products on the Amazon Marketplace UK.
- As a result, Fort and the manufacturer decided to expand their partnership and enter into an exclusive distribution agreement.
- "As a leading brand in the pest control market, Fort recognized the growing demand for protecting solar panels from pests, leading us to expand into the solar panel protection sector.
Retrieved on:
Wednesday, December 20, 2023
Tel Aviv, Israel, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, signed an additional non-binding letter of intent (“LOI") with Sky Growth Partners Ltd. (“Sky Growth”), to invest in advanced laser- based wireless power transmission technology systems, for the remote charging of drones and unmanned aircrafts (the “Investment”).
Key Points:
- According to Allied Market Research, the global wireless power transmission market size was valued at $5.7 billion in 2020, and is projected to reach $35.2 billion by 2030, registering a CAGR of 21.3% from 2021 to 2030.1.
- According to the LOI, Sky Growth will establish and transfer all of its rights in the technology to a new Israeli company that will develop, manufacture and market the technology ("NewCo").
- Following an investment of $2.5 million by Jeffs’ Brands, it will hold a 70% equity interest in NewCo.
- The system will enable wireless charging for drones and unmanned aircrafts.
Retrieved on:
Monday, December 18, 2023
Tel Aviv, Israel, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, signed a non-binding letter of intent (“LOI”) with Sky Growth Partners Ltd. (“Sky Growth”), to invest in an innovative Digital Light Processing (DLP) laser-based system for counter-drone solutions, initially for the defense sector (the “Investment”).
Key Points:
- According to the LOI, as previously announced on December 14, 2023, Sky Growth will establish and transfer all of its rights in the technology to a new Israeli company that will develop, manufacture and market the technology ("NewCo").
- Following an investment of $2 million by Jeffs’ Brands, it will hold a 70% equity interest in NewCo.
- The laser-based system will potentially be in use for defense and commercial applications, such as: neutralizing drone attacks, protecting against commercial espionage, strategic infrastructure protection and more.
- The Investment is subject to the successful completion of due diligence, the execution of binding definitive agreements with respect to the Investment and compliance with any regulatory requirements and approvals.
Retrieved on:
Friday, December 15, 2023
Tel Aviv, Israel, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, announced today the signing of an additional non-binding letter of intent (“LOI") with Sky Growth Partners Ltd. (“Sky Growth”), to invest in advanced laser- based wireless charging technology systems, for the remote charging of drones and unmanned aircrafts (the “Investment”).
Key Points:
- According to the LOI, Sky Growth will establish and transfer all of its rights in the technology to a new Israeli company that will develop, manufacture and market the technology ("NewCo").
- Following an investment of $2.5 million by Jeffs’ Brands, it will hold a 70% equity interest in NewCo.
- The LOI also includes certain milestone conditions that if achieved by NewCo, will grant the founders, for no additional consideration, additional equity interests in NewCo.
- The system will enable wireless charging for drones and unmanned aircrafts.
Retrieved on:
Thursday, December 14, 2023
Tel Aviv, Israel, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, announced today the signing of a non-binding letter of intent (“LOI”) with Sky Growth Partners Ltd. (“Sky Growth”), to invest in an innovative Digital Light Processing (DLP) laser-based system for drone countermeasure solutions, initially for the defense sector (the “Investment”).
Key Points:
- According to the LOI, Sky Growth will establish and transfer all of its rights in the technology to a new Israeli company that will develop, manufacture and market the technology ("NewCo").
- Following an investment of $2 million by Jeffs’ Brands, it will hold a 70% equity interest in NewCo.
- The LOI also includes certain milestone conditions that if achieved by NewCo, will grant the founders, for no additional consideration, additional equity interests in NewCo.
- The system will be able to neutralize any visual systems such as cameras that are installed on drones and other aerial and non-aerial objects.
Retrieved on:
Wednesday, December 13, 2023
Tel Aviv, Israel, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, is continuing its latest market expansion through an exclusive distribution agreement with Bolly Jon Ltd. ("Bolly Jon"), a biotech-beauty hair care product brand. This partnership introduces the distribution of a revolutionary line of hair products based on stem cell technology via the Amazon Marketplace by Jeffs’ Brands.
Key Points:
- This partnership introduces the distribution of a revolutionary line of hair products based on stem cell technology via the Amazon Marketplace by Jeffs’ Brands.
- Bolly Jon, known for its innovative approach to hair care, utilizes the power of stem cell technology to offer a unique range of products.
- The partnership with Jeffs' Brands will bring these cutting-edge products, including shampoos, hair masks, and serums, to a global audience via Amazon.
- “By introducing these advanced biotech-beauty hair products to Amazon, we are not just expanding our portfolio but also providing our customers with access to the future of hair care."
Retrieved on:
Monday, December 11, 2023
Tel Aviv, Israel, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, announces its latest market expansion through an exclusive distribution agreement with Bolly Jon Ltd. ("Bolly Jon"), a biotech-beauty hair care product brand. This partnership introduces the distribution of a revolutionary line of hair products based on stem cell technology via the Amazon Marketplace by Jeffs’ Brands.
Key Points:
- This partnership introduces the distribution of a revolutionary line of hair products based on stem cell technology via the Amazon Marketplace by Jeffs’ Brands.
- Pursuant to the distribution agreement, Jeffs' Brants will have exclusive rights to sell and distribute on the Amazon Marketplace the hair products offered by Bolly Jon, for a period of approximately five years.
- Bolly Jon, known for its innovative approach to hair care, utilizes the power of stem cell technology to offer a unique range of products.
- The partnership with Jeffs' Brands will bring these cutting-edge products, including shampoos, hair masks, and serums, to a global audience via Amazon.
Tel Aviv, Israel, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that its, wholly owned subsidiary Fort Products Ltd. (“Fort”) signed an exclusive distribution agreement with EasyLure, for the sale and distribution of its groundbreaking pest control solution, the Entopest Fruit Fly Attractant. This agreement marks a significant expansion of Jeffs' Brands' pest control portfolio into the agricultural sector and strengthens its position in the global agricultural solutions market.
Key Points:
- This agreement marks a significant expansion of Jeffs' Brands' pest control portfolio into the agricultural sector and strengthens its position in the global agricultural solutions market.
- Pursuant to the distribution agreement, Fort will have exclusive rights to sell and distribute globally the Entopest Fruit Fly Attractant, an acclaimed pest control solution for its effectiveness and eco-friendliness.
- This partnership aligns with Jeffs' Brands' strategy to offer a wide range of effective solutions to its customers around the world.
- "This global distribution agreement with EasyLure is an important step for Jeffs' Brands as we expand to the agriculture market," stated Viki Hakmon, CEO of Jeffs' Brands.
