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0.0894308943089432 0.134146341463415 0.0487804878048781 0.0609756097560975 0.621951219512195 0.731707317073171 0.443089430894309 0.422764227642276
Stock impact report

Jeffs' Brands Regains Compliance with Nasdaq Minimum Bid Price Rule

Jeffs' Brands Ltd (JFBR) 
Company Research Source: GlobeNewswire
Tel Aviv, Israel, Dec. 06, 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 it has received a written notice from Nasdaq Stock Market LLC (“Nasdaq”), indicating that the Company has regained compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. The Nasdaq staff made this determination of compliance after the closing bid price of the Company’s ordinary shares was at $1.00 per share or greater for the last 10 consecutive business days. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and Nasdaq considers the prior bid price deficiency matter now closed. The Company’s ordinary shares continue to trade on the Nasdaq Capital Market under the symbol “JFBR. There is Show less Read more
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