Jeffs' Brands Achieves an Important Milestone Towards Completion of Fort's Proposed Merger with a Publicly Traded Company – Receives Valuation Report of Fort for Approximately US$11.6 - US$14.2 Million
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Jeffs' Brands Ltd (Nasdaq: JFBR) announced a valuation report for its subsidiary Fort Products, indicating a value between US$11.6 and US$14.2 million. This is a step towards the proposed merger with Impact Acquisitions Corp.
March 13, 2025 | 11:30 am
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Jeffs' Brands Ltd received a valuation report for its subsidiary Fort Products, valued between US$11.6 and US$14.2 million. This valuation is a significant step towards the proposed merger with Impact Acquisitions Corp.
The valuation report is a critical step in the merger process, indicating progress and potentially increasing investor confidence in the merger's completion. This could positively impact JFBR's stock price in the short term.
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