Jeffs' Brands Ltd. Secures $100 Million Securities Purchase Agreement to Boost Strategic Ventures

Reuters
06-26
Jeffs' Brands Ltd. Secures $100 Million Securities Purchase Agreement to Boost Strategic Ventures

Jeffs' Brands Ltd, a data-driven e-commerce company listed on Nasdaq, has announced a significant financial move by securing a Securities Purchase Agreement with an institutional investor. The agreement allows the company to issue and sell convertible promissory notes worth up to $100 million in total. Initially, Jeffs' Brands received $4.5 million from the investor for a $5 million promissory note. The funds from this transaction are intended to be used for working capital, general corporate purposes, and potential acquisitions as part of the company's strategic exploration. Aegis Capital Corp. served as an independent advisor for this transaction. Starting December 1, 2025, the company may request additional promissory notes of up to $2.5 million each quarter, with conditions on the aggregate amounts.

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: GNW9485149-en) on June 26, 2025, and is solely responsible for the information contained therein.

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