Brief: Jeffs' Brands Enters Into A Non-Binding Letter Of Intent For The Sale Of Its U.S. Subsidiary To A U.S. Public Company, At A Valuation Of Approximately $13.125 Million

Nexera Technologies

30/10/2024 11:42

Oct 30 (Reuters) - Jeffs Brands Ltd  JFBR.O :
    * JEFFS' BRANDS ENTERS INTO A NON-BINDING LETTER OF INTENT
FOR THE
SALE OF ITS U.S. SUBSIDIARY TO A U.S. PUBLIC COMPANY, AT A
VALUATION OF APPROXIMATELY $13.125 MILLION
    * JEFFS BRANDS LTD - TO SELL SMART REPAIR PRO FOR UP TO 90%
EQUITY
STAKE
    * JEFFS BRANDS LTD - SMART REPAIR PRO VALUED AT $13.125
MILLION IN
TRANSACTION

Source text:  ID:nGNX2vCzKY 
Further company coverage:  JFBR.O 

 ((Reuters.Briefs@thomsonreuters.com;))