Jeffs’ Brands Ltd Reports Updated Financials Post-Acquisition

Published 05/05/2025, 21:14
Jeffs’ Brands Ltd Reports Updated Financials Post-Acquisition

Jeffs’ Brands Ltd, a miscellaneous retail company, has submitted an updated report to the U.S. Securities and Exchange Commission (SEC) today, Monday, reflecting its recent acquisition. The Form 6-K filing includes unaudited pro forma condensed combined financial information and audited consolidated financial details of the acquired entity, Pure NJ Logistics LLC.

On March 11, 2025, Jeffs’ Brands Ltd (the "Company") initially reported to the SEC about its acquisition of Pure NJ Logistics LLC ("Pure Logistics") by its wholly owned subsidiary, Smart Repair Pro. This acquisition, dated March 10, 2025, has now been financially integrated into the company’s records as per the latest SEC filing.

The updated financial information includes unaudited pro forma condensed combined financials that hypothetically reflect the effect of the acquisition as if it had taken place at the start and end of the previous year. This aims to provide a clearer picture of how the acquisition might have impacted the company’s financial position had it occurred earlier. However, the company clarifies that these pro forma figures do not necessarily predict future financial outcomes or actual past results if the acquisition had been completed at those times.

Additionally, the filing includes the audited consolidated financial statements of Pure Logistics for the year ended December 31, 2024. This gives investors insight into the financial standing of the acquired company at the time of its integration into Jeffs’ Brands Ltd.

The information disclosed in this Form 6-K is also incorporated by reference into the Company’s existing Registration Statements on Forms F-3 and S-8, as listed in the filing.

Investors and stakeholders are encouraged to review these documents for a comprehensive understanding of the financial implications of the acquisition on Jeffs’ Brands Ltd. The company has ensured that all necessary legal requirements have been met with the submission of this report, duly signed by Chief Financial Officer Ronen Zalayet.

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