Jeffs' Brands Ltd announced that its wholly owned subsidiary, Jeffs' Brands Holdings Inc., has entered into a non-binding Memorandum of Understanding (MOU) with Scanary Ltd., an Israeli developer of 3D imaging, electromagnetic, AI-powered threat detection systems. The MOU outlines the intention for Jeffs' Brands Holdings to obtain exclusive distribution rights for Scanary's systems in Canada, Germany, and the United Arab Emirates for an initial 24-month period, with automatic renewal for another 24 months upon meeting a cumulative purchase target of 20 systems. Non-exclusive distribution rights are also contemplated for Spain and Italy. As consideration, Jeffs' Brands Holdings would make a one-time payment of $1,000,000 to Scanary, payable in five equal monthly installments following the execution of a definitive agreement. The payment would be fully repayable to Jeffs' Brands Holdings through periodic revenue payments of 10% of Scanary's profits from sales outside the exclusive territories. The MOU is subject to due diligence, customary closing conditions, and the execution of a definitive agreement. There is no guarantee when or if the transaction will be completed.