Find more key details here.
And as I mentioned above, JFBR has multiple potential catalysts that could provide it with a breakout spark. Here's what to know:
No. 1 JFBR Potential Catalyst - A Low Float Could Lead To Explosive Possibilities
According to the Yahoo Finance website, JFBR has a tiny float.
The website reports this profile to have approximately 1.19Mn shares in its float.
Why is that important? It's important on one crucial level. Volatility.
With so few shares available for trading, other potential catalysts (like big news) could spark a vertical move in the short-term.
No. 2 JFBR Potential Catalyst - JFBR Enters Into LOI With Specialty Pharmaceutical And Food Supplements Company
Jeffs' Brands Enters Into Letter of Intent with a Pharmaceutical Company to Establish a Joint Venture to Develop and Market a New Product Line
The new line of products will be in the fields of quality health and lifestyle products, such as nutritional and dietary supplements for various purposes
Tel Aviv, Israel, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (the “Company”) (Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, today announced it has entered into a letter of intent ("LOI") with SciSparc Ltd. ("SciSparc") (Nasdaq: SPRC), a specialty pharmaceutical and food supplements company, to establish a joint venture ("JV") for the development of a new food supplements product line and its online marketing.
The LOI contemplates that the two companies will form a JV in which they each own 50%. The transaction will be subject to the negotiation and preparation of definitive documentation.
Upon entry into definitive documentation, Jeffs' Brands will be responsible for the online marketing of the products developed by SciSparc as part of the JV. Decisions regarding which products to develop will be made by the two companies and will be based on Jeffs' Brands' advanced technology analysis of in-demand products with potential high pro-fit-ability. Mr. Oz Adler, the Chairman of the Company, is the Chief Executive Officer of SciSparc and a director of the Company is the Chairman of SciSparc.
Read the full article here.
No. 3 JFBR Potential Catalyst - Plans For Growth And Expansion Are Picking Up (FAST)
Jeffs' Brands to Expand Sales Beyond Amazon(dot)com into New Leading E-commerce Platforms
The Company entered into an agreement with a storage and logistics center in New York to serve Fulfillment by Merchant (FBM) activities, direct sales and the launch of its brands on new platforms
Tel Aviv, Israel, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (the “Company”) (Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, today announced recent steps to support its growth and expansion.
The Company entered into an agreement with a U.S. based storage and logistics center intended to support the Company's plans to sell its brands' products directly and launch new E-commerce platforms.
The Company intends to offer Fulfillment by Merchant (FBM) services as Amazon continues limiting Fulfillment by Amazon (FBA) based inventory and service activities.
The storage and logistics center is located near the second largest port in the U.S., Newark Airport and close to JFK Airport in New York. The center offers an aggregate of 100,000 square feet with 20 loading docks for loading and unloading container and trucks. The center handles supply chain, inventory and order processing as well as shipping directly to end- customers.
"Having designated storage, logistics and shipping capabilities are key elements in our business future growth. The ability to store our inventory in close proximity to central logistic locations with high capacity to process orders and ensure shipping to our end customers, will enable us to start direct sales from our brand's websites, launch on new E-commerce platforms and support our FBM new activities," said Viki Hakmon, Chief Executive Officer of the Company.
FBM allows the seller control of the entire shipping and handling process. Instead of paying a service fee and providing shipping inventory to Amazon to fulfill sales, the seller uses its resources and sends the items directly to its customers. By using FBM, a seller takes complete control of the entire process, from purchasing to shipping and receiving.
Read the full article here.
No. 4 JFBR Potential Catalyst - Nearing A Potential Game-Changing Acquisition (Non-binding LOI Entered)
Jeffs' Brands entered into Non-Binding Letter of Intent to Acquire an Amazon Marketplace Leading Supplements Brand with Annualized Revenues of Approximately $2.7Mn in 2022
If completed, it would be the Company’s first acquisition since the completion of its IPO
Tel Aviv, Israel, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (the “Company”, Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it has entered into a non-binding letter of intent for the purchase of an Amazon Marketplace brand for $2.5Mn in cash.
The acquisition is subject to, among other matters, a due diligence review by the Company and the negotiation and the signing of a binding definitive agreement. There can be no assurances that any component of the acquisition will proceed, nor can there be any assurance as to the final definitive terms thereof.
The brand offers nutritional supplements, focusing on consumers' health, wellness, and longevity throughout their life. The brand's mission is to create premium quality supplements using safe, naturally sourced, proven ingredients combined with the best methods available in nature and science and manufactured in the United States.
With estimated annualized revenues of approximately $2.7Mn in 2022, the brand has more than 22,000 positive individual product reviews.
"Acquiring new brands is a key component of our plan for continued growth. As a result of our advanced technological tools, we can identify trending categories, popular products, and high potential brands on Amazon Marketplace. It is our intention to expand the brand's activity and improve its results by utilizing our technology, experienced team, and high capabilities," said Viki Hakmon, Chief Executive Officer of the Company. "It is our first planned acquisition since our initial public offering, and we plan to examine other acquisition targets in the future."
Read the full article here.
No. 5 JFBR Potential Catalyst - The Company's Recent IPO Has Jeffs' Brands Joining The Nasdaq Market
At the end of August, Jeffs' Brands held an IPO which is a huge milestone for any company.
Why is it a huge milestone?
One word: Exposure.
As news of this IPO continues to circulate, it should continue to bring serious attention to this company that has been flying below Wall Street's radar.
And with the overall markets trending red over the past few weeks, individuals may start recognizing JFBR as undervalued from its current trading position.
Could these next few weeks see JFBR return to previous IPO day highs or higher?
Check out the news here.
JFBR Recap - 5 Key Potential Breakout Catalysts To Know Now
No. 1 - A Low Float Could Lead To Explosive Possibilities
No. 2 - JFBR Enters Into LOI With Specialty Pharmaceutical And Food Supplements Company
No. 3 - Plans For Growth And Expansion Are Picking Up (FAST)
No. 4 - Nearing A Potential Game-Changing Acquisition (Non-binding LOI Entered)
No. 5 - The Company's Recent IPO Has Jeffs' Brands Joining The Nasdaq Market
Coverage is officially reinitiated on JFBR. When time permits, do this: