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Jeffs’ Brands Ltd. ( (JFBR) ) has shared an update.
Jeffs’ Brands Ltd announced an amendment to its share purchase agreement with Plantify Foods, Inc., adjusting the number of shares involved in the transaction and extending the deadline to December 31, 2025. This amendment reflects a valuation of approximately CAD 14,790,000, with potential to increase to $28,290,000 if all shares are issued. Additionally, Jeffs’ Brands unveiled a strategic AI-driven crypto treasury program aimed at optimizing yields from cryptocurrencies, with plans to allocate up to $75 million, managed by Quantum Crypto. This initiative marks a significant step in the company’s diversification strategy, potentially impacting its financial performance and market positioning.
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.
Average Trading Volume: 230,766
Technical Sentiment Signal: Sell
Current Market Cap: $3.51M
For a thorough assessment of JFBR stock, go to TipRanks’ Stock Analysis page.