Jeffs' Brands Soars 41.18% on AI App Launch, Asset Sale

Generado por agente de IAAinvest Movers Radar
miércoles, 30 de abril de 2025, 8:17 am ET1 min de lectura
JFBR--

On April 30, 2025, Jeffs' BrandsJFBR-- experienced a significant surge, rising by 41.18% in pre-market trading, driven by a series of strategic moves and innovative product launches.

Jeffs' Brands has recently launched an AI-powered pest control app on the AppleAAPL-- App Store, leveraging the latest AI technology to identify household pests instantly and create personalized treatment plans. This innovative app is part of Fort's direct-to-consumer digital offering, expanding its reach and enhancing its pest control solutions.

In addition to its technological advancements, Jeffs' Brands has entered into a definitive agreement to sell its key U.S. assets to Canadian company Plantify Foods. The transaction, valued at approximately $11.8 million, includes the sale of Smart Repair Pro, which operates Jeffs' Brands' Amazon U.S. Marketplace stores, and its 49.1% stake in SciSparc Nutraceuticals. In exchange, Jeffs' Brands will receive up to 90% equity interest in Plantify Foods, with an initial 75% stake upon closing. The deal is expected to close by July 31, 2025, subject to regulatory approvals and closing conditions.

Comentarios



Add a public comment...
Sin comentarios

Aún no hay comentarios