Jeffs' Brands Adjusts Warrant Exercise Price
Ticker: JFBRW · Form: 6-K · Filed: Feb 3, 2025 · CIK: 1885408
Sentiment: neutral
Topics: warrants, adjustment, sec-filing
TL;DR
Jeffs' Brands cut its Series A warrant exercise price to $2.435105 effective Jan 16, 2025.
AI Summary
Jeffs' Brands Ltd announced an adjustment to the exercise price of its Series A Warrants. Effective January 16, 2025, the exercise price per Ordinary Share was lowered to $2.435105, as per Section 2(a) of the Series A Warrants dated January 29, 2024.
Why It Matters
This price adjustment could impact the profitability of warrant holders and potentially influence future share dilution for Jeffs' Brands.
Risk Assessment
Risk Level: low — This filing is a routine update on warrant terms and does not indicate significant operational or financial changes.
Key Numbers
- $2.435105 — Adjusted Warrant Exercise Price (This is the new price at which Series A Warrants can be exercised.)
Key Players & Entities
- Jeffs' Brands Ltd (company) — Registrant
- Series A Warrants (company) — Financial instrument
- $2.435105 (dollar_amount) — Adjusted exercise price
- January 16, 2025 (date) — Effective date of adjustment
- January 29, 2024 (date) — Date of Series A Warrants
FAQ
What is the new exercise price for the Series A Warrants?
The exercise price per Ordinary Share issuable upon exercise of the outstanding Series A Warrants was adjusted to $2.435105.
When did this exercise price adjustment become effective?
The adjustment became effective as of January 16, 2025.
Under which section of the Series A Warrants was this adjustment made?
The adjustment was made pursuant to Section 2(a) of the Series A Warrants.
What is the date of the Series A Warrants mentioned in the filing?
The Series A Warrants are dated January 29, 2024.
What type of shares are issuable upon exercise of the warrants?
Ordinary shares, no par value, of the Company are issuable upon exercise.
Filing Stats: 307 words · 1 min read · ~1 pages · Grade level 11.5 · Accepted 2025-02-03 16:01:09
Key Financial Figures
- $2.435105 — nding Series A Warrants was adjusted to $2.435105 (subject to any further adjustment as p
Filing Documents
- ea0229584-6k_jeffs.htm (6-K) — 10KB
- 0001213900-25-009418.txt ( ) — 11KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Jeffs’ Brands Ltd Date: February 3, 2025 By: /s/ Ronen Zalayet Ronen Zalayet Chief Financial Officer 2