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Jeffs’ Brands Enters Into Definitive Agreement to Complete Merger with Impact Acquisitions Corp.
Contract Type
agreement
Description
Jeffs’ Brands Ltd has entered into a definitive agreement to complete the contemplated merger of Fort Products Limited, a UK-based private company and a wholly owned subsidiary of the Company, with Impact Acquisitions Corp. The Proposed Merger is based on a total valuation of Impact of approximately 4.8 million CAD and a total valuation ascribed to Fort Products, of approximately 17.1 million CAD.