Jeffs’ Brands Ltd. (JFBR) has released an update.
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Jeffs’ Brands Ltd, an e-commerce player on the Amazon Marketplace, has been notified by Nasdaq that it currently fails to meet the $1 minimum bid price requirement for continued listing. The company has a 180-day grace period to regain compliance, during which time its shares will remain listed under the symbol ‘JFBR’. Jeffs’ Brands is considering measures, such as a potential reverse share split, to rectify the situation and continue its Nasdaq listing.
For further insights into JFBR stock, check out TipRanks’ Stock Analysis page.
