Summary by Moomoo AI
Jeffs' Brands Ltd, an Israel-based retail company, has successfully completed an exempt offering of securities, raising a total of $7,275,000 USD as reported in a Form D notice filed with the U.S. Securities and Exchange Commission (SEC). The offering, which was made under Rule 506(c) of the Securities Act, began on January 25, 2024, and was completed without the use of a broker or dealer. The company has declined to disclose its revenue range or aggregate net asset value. The securities offered included equity, options, warrants, or other rights to acquire another security. A total of 23 investors participated in the offering, and sales commissions amounted to $618,253 USD. The proceeds from the offering are estimated to be used for payments to the company's executive officers, directors, or promoters, as required by the SEC. The company's principal place of business is located at 7 Mezada Street, Bnei Brak, Israel, and the filing was signed by Chief Financial Officer Ronen Zalayet on February 13, 2024.
