Jeffs' Brands (JFBR) Prices $581K Share Offering

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Jeffs’ Brands Announces Pricing of approx. $581 Thousand Registered Direct Offering

May 28, 2025 9:56 AM EDT

Tel Aviv, Israel, May 28, 2025 (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 it has entered into a securities purchase agreement with an institutional investor or the Investor, for aggregate gross cash proceeds of approximately $581 thousand, before deducting offering expenses payable by the Company. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes, as well as for potential acquisitions.

In connection with the offering, the Company will issue an aggregate of 662,500 ordinary shares and... More