Jeffs’ Brands (JFBR) announced the closing of a share transfer agreement dated December 18 with institutional investors, to sell and transfer 714,286 common shares of Fort Technology for a total consideration of C$928,571. The shares represent approximately 8.1% of Jeffs’ Brands holdings in Fort and approximately 6.3% of Fort’s outstanding shares. Following the closing, the Company currently holds a 71.55% equity stake in Fort.
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