M&A - Jeffs' Brands Ltd

Form Type: 20-F

Filing Date: 2025-03-31

Corporate Action: Acquisition

Type: Update

Accession Number: 000121390025025843

Filing Summary: Jeffs' Brands Ltd is engaged in significant corporate activity involving strategic transactions aimed at enhancing shareholder value. On January 21, 2025, the company entered into a non-binding letter of intent with a publicly listed company for the sale of Smart Repair Pro. This transaction represents a potential acquisition where Jeffs' Brands intends to exchange equity interests with the acquirer. Additionally, on February 6, 2025, an agreement was reached for a merger involving Fort, which will merge with Impact Acquisitions Corp, resulting in a substantial equity interest for Jeffs' Brands in the merged entity. Lastly, on March 18, 2025, Smart Repair Pro completed the acquisition of Pure Logistics, which is expected to strengthen the company's supply chain capabilities and expand its service offerings. These ongoing activities indicate a restructuring strategy that may transform the company's operational landscape.