Summary by Moomoo AI
Jeffs' Brands Ltd, an Israeli-based e-commerce consumer products company, filed a post-effective amendment No. 5 to Form F-3 with the U.S. Securities and Exchange Commission (SEC) on May 23, 2024. This amendment relates to the company's registration statement initially declared effective on August 25, 2022, and subsequently amended. The filing includes updated financial information and covers the sale of ordinary shares issuable upon the exercise of warrants, underwriter's warrants, and additional warrants that remain unexercised. The company's ordinary shares and warrants are listed on the Nasdaq Capital Market under the symbols 'JFBR' and 'JFBRW,' respectively. The amendment also outlines the company's ability to indemnify officers, provides legal opinions, lists subsidiaries, and details the expenses related to the offering. Jeffs' Brands Ltd has agreements in place to exculpate and indemnify its officers and is covered by a directors and officers' liability insurance policy. The company's articles of association allow for such indemnification, subject to certain limitations imposed by Israeli law.