Jeffs’ Brands Announces Closing of Acquisition Transaction: Fort Technology Inc. Expected to Resume Trading on TSX Venture Exchange

Jeffs’ Brands’ equity stake in the merged company is 75.02% and may increase to up to 83.29% contingent upon meeting certain pre-determined milestones

Tel Aviv, Israel, July 08, 2025 (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 the closing on July 7, 2025 (the “Closing”) of the acquisition transaction (the “Transaction”) of Fort Products Limited (“Fort Products”), a UK-based private company and a wholly owned subsidiary of the Company, to Fort Technology Inc. (formerly known as Impact Acquisitions Corp.) (“Fort Technology” or the “Acquirer”), a capital pool company listed on the TSX Venture Exchange, pursuant to the definitive agreement dated February 6, 2025, as amended (the “Agreement”).

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