Jeffs' Brands Intends To Effect 1-For-17 Reverse Split Of Issued And Outstanding Ordinary Shares

Following the reverse share split the Company will have approximately 553,385 outstanding shares

Tel Aviv, Israel, June 12, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd ("Jeffs' Brands" or the "Company") (NASDAQ:JFBR, JFBRW))), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it intends to effect a one-for-seventeen (1-for-17) reverse split (the "Reverse Share Split") of the Company's issued and outstanding ordinary shares, no par value per share (the "Ordinary Shares"). The Ordinary Shares are expected to begin trading on the Nasdaq Capital Market on a post-split basis at the opening of trading on June 16, 2025, under the Company's existing trading symbol "JFBR", with a new CUSIP number of M61472144. The trading symbol "JFBRW" and CUSIP number for the Company's public warrants will remain unchanged following the Reverse Share Split.