Brief: Jeffs’ Brands And Deliverz.AI Sign A Binding Letter Of Intent For A U.S. Joint Venture
Nov 27 (Reuters) - Jeffs Brands Ltd JFBR.O :
* JEFFS’ BRANDS AND DELIVERZ.AI SIGN A BINDING LETTER OF
INTENT
FOR A U.S. JOINT VENTURE INVOLVING AI-POWERED FULLY AUTONOMOUS
ROBOTS
* JEFFS BRANDS - DELIVERZ.AI TO GIVE LICENSE FOR
PROPRIETARY
ROBOTICS TECHNOLOGY & OPERATIONAL SOFTWARE TO JV FOR 50% EQUITY
STAKE IN JV
* JEFFS BRANDS LTD - BRANDS WILL INVEST $1 MILLION FOR A
50%
EQUITY STAKE IN JV
Source text: ID:nGNX73hCvz
Further company coverage: JFBR.O
((Reuters.Briefs@thomsonreuters.com;))