Jeffs’ Brands Ltd. ( (JFBR) ) has shared an announcement.
On April 30, 2025, Jeffs’ Brands Ltd entered into a definitive agreement with Plantify Foods, Inc., a Canadian public company, to sell its wholly-owned subsidiary, Smart Repair Pro, and its 49.1% ownership interest in SciSparc Nutraceuticals Inc. The transaction, valued at approximately $11.8 million, will result in Jeffs’ Brands receiving up to a 90% equity interest in Plantify, contingent upon achieving certain milestones. This strategic move is expected to close by July 31, 2025, subject to regulatory approvals and customary closing conditions, and aims to strengthen Jeffs’ Brands’ market positioning by focusing on its core competencies.
More about Jeffs’ Brands Ltd.
Jeffs’ Brands Ltd is a data-driven e-commerce company that operates on the Amazon Marketplace. The company focuses on creating and acquiring products to transform them into market leaders, leveraging both human capability and advanced technology to enhance products sold on Amazon.
YTD Price Performance: -47.37%
Average Trading Volume: 1,856,018
Technical Sentiment Signal: Buy
Current Market Cap: $2.64M
Learn more about JFBR stock on TipRanks’ Stock Analysis page.