Jeffs’ Brands (JFBR) announced that the board of directors of its majority-owned subsidiary, Fort Technology, approved a strategic initiative to pursue an uplisting of Fort’s common shares on the Nasdaq Capital Market. Fort believes that a listing on Nasdaq will provide enhanced visibility, greater liquidity for its shareholders, and access to a broader pool of institutional and retail investors in the United States and internationally. Fort’s management intends to commence the necessary preparations, including engaging advisors, preparing required filings with the U.S. Securities and Exchange Commission, and satisfying Nasdaq’s listing requirements. There is no assurance that the uplisting will be completed, or as to the timing of any such uplisting.
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