Jeffs’ Brands Enters into a Patent Licensing Agreement to Market and Sell Photovoltaic Technology on Amazon
Jeffs' Brands Ltd (JFBR)
Company Research
Source: GlobeNewswire
Tel Aviv, Israel, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, announced today that it has entered into a patent licensing agreement (the “Licensing Agreement”), with Xiamen Fast Power Co., Ltd. (“Xiamen”), a Chinese company specializing in advanced photovoltaic technology. This Licensing Agreement grants Jeffs’ Brands the right to use the registered patent number 6345668 owned by Xiamen, which covers innovative waterproof photovoltaic board technology, for a period of three years in exchange for royalty payments. The Licensing Agreement marks a significant milestone for Jeffs’ Brands, enabling the Company to diversify its product offerings and enhance its e-commerce portfolio on the Amazon Marketplace. Pursuant to the agreement, Jeffs’ Brands will receive an exclusive right to market and sell the patented technology solely through Amazon, without
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JFBR
Sec Filings
- 12/19/24 - Form SCHEDULE
- 12/18/24 - Form F-3
- 12/16/24 - Form F-3
- JFBR's page on the SEC website