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.
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