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-March 2024-www.financetom.com

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

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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

Oct 30, 2024 9:37 PM

Oct 30 (Reuters) - Jeffs Brands Ltd ( JFBR ):

* 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 ( JFBR ) - TO SELL SMART REPAIR PRO FOR UP TO 90%

EQUITY

STAKE

* JEFFS BRANDS LTD ( JFBR ) - SMART REPAIR PRO VALUED AT $13.125

MILLION IN

TRANSACTION

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