Jeffs’ Brands Ltd, a data-driven e-commerce company operating on the Amazon Marketplace, is pleased to announce that its board of directors has resolved to commence the application process to list the Company’s ordinary shares, no par value (the “Ordinary Shares”) for trading on the Frankfurt Stock Exchange (“FSE”).
The Company’s Ordinary Shares and public warrants will continue to trade on the Nasdaq Capital Market, under the symbols JFBR and JFBRW, respectively.
The FSE, operated by Deutsche Börse AG, is among the world’s largest and most prestigious securities trading venues, featuring expanded access to European institutional and retail investors.
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The Company believes that a potential dual listing on the FSE may significantly enhance its visibility and trading liquidity in Europe. This strategic step is aimed at broadening the Company’s investor base and creating new opportunities by exposing it to potential investors in Europe.
The timing of the listing process to the FSE will depend on a variety of factors, including, but not limited to, overall market conditions and whether the Company meet FSE listing criteria. No assurance can be given that the Company’s application will be approved, nor that a trading market will develop.
Jeffs’ Brands aims to transform the world of e-commerce by creating and acquiring products and turning them into market leaders, tapping into vast, unrealized growth potential. Through the Company’s management team’s insight into the FBA Amazon business model, it aims to use both human capability and advanced technology to take products to the next level.
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