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Stock impact report

Jeffs' Brands Expects Implementation of 1-for-13 Reverse Share Split After Market Today [Yahoo! Finance]

Jeffs' Brands Ltd (JFBR) 
Company Research Source: Yahoo! Finance
The company's ordinary shares will continue to trade on the Nasdaq Capital Market under the existing symbol 'JFBR' and will begin trading on a split-adjusted basis on November 20, 2024. The reverse share split will reduce the number of issued and outstanding ordinary shares from 9,351,768 to approximately 719,367, but will not alter any shareholder's percentage ownership interest in the company. Shareholders holding shares in book-entry form or through a brokerage account do not need to take any action, as the exchange will be processed automatically. Following the reverse share split the Company will have approximately 719,367 outstanding shares out of which approximately 520,290 will be publicly held Tel Aviv, Israel, Nov. 19, 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, today announced that its previously announced reverse share split of its issued and o Show less Read more
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