Jeffs' Brands Issues a $2.85 Million Non-Recourse Convertible Promissory Note to Leverage Fort Products' U.K. Success and Expansion to the U.S.
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Jeffs' Brands Ltd has issued a $2.85 million non-recourse convertible promissory note to fund its expansion into the U.S. market, leveraging the success of Fort Products in the U.K. The company plans to use the proceeds for working capital, general corporate purposes, and potential acquisitions.
January 22, 2025 | 11:45 am
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Jeffs' Brands Ltd has issued a $2.85 million convertible promissory note to support its U.S. expansion and leverage Fort Products' success in the U.K. The funds will be used for working capital, corporate purposes, and potential acquisitions.
The issuance of the convertible note provides Jeffs' Brands with significant capital to expand into the U.S. market, which is expected to be a fast-growing sector. This strategic move could enhance the company's growth prospects and market position.
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