Jeffs' Brands Soars 108.24% on Asset Sale Deal

On April 30, 2025, Jeffs' Brands experienced a remarkable surge, rising by 108.24% in pre-market trading, marking a significant milestone for the company.

Jeffs' Brands has entered into a definitive agreement to sell key U.S. assets to a Canadian public company. This transaction includes the acquisition of Jeffs' Brands' wholly-owned subsidiary, Smart Repair Pro, and its approximately 49.1% ownership interest in the subsidiary. The deal is valued at approximately $11.8 million.

In return for the sale, Jeffs' Brands will receive up to a 90% equity interest in the Canadian company, based on a post-closing valuation of CAD 17.125 million for Smart Repair Pro. This strategic move is expected to enhance Jeffs' Brands' financial position and provide new opportunities for growth.