Jeffs Brands Ltd. Announces 1-for-17 Reverse Share Split, Reducing Outstanding Shares to 553,385

Reuters
06-12
<a href="https://laohu8.com/S/JFBR">Jeffs Brands</a> Ltd. Announces 1-for-17 Reverse Share Split, Reducing Outstanding Shares to 553,385

Jeffs' Brands Ltd. has announced a 1-for-17 reverse share split, set to take effect on June 16, 2025. This move will reduce the number of outstanding shares from 9,407,534 to approximately 553,385. The company's shares will continue to trade under the symbol "JFBR" on the Nasdaq Capital Market, with a new CUSIP number. The reverse split aims to consolidate shares uniformly without altering shareholders' percentage ownership, aside from the adjustment of fractional shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jeffs Brands Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9467776-en) on June 12, 2025, and is solely responsible for the information contained therein.

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