Jeffs' Brands Pockets Drone System Distribution Deal On Amazon: Details

Benzinga
2024-12-09

Jeffs’ Brands Ltd (NASDAQ:JFBR) shares are trading higher premarket on Monday. The company secured the exclusive worldwide distribution rights for advanced drone safety systems developed by a leading drone company.

The agreement, effective for two years and subject to certain conditions, allows the company to sell these systems exclusively through Amazon.com‘s global marketplace.

This partnership underscores Jeffs’ Brands’ commitment to leveraging its e-commerce expertise to deliver innovative technological solutions, focusing on reliability and performance to address key challenges in the drone industry.

Last week, the company announced it regained compliance status with Nasdaq's minimum bid requirement.

The Nasdaq Stock Market has confirmed the matter is now closed, allowing Jeffs' Brands to continue trading on the Nasdaq Capital Market.

However, the company cautioned that there is no guarantee its shares will maintain their Nasdaq listing status in the future.

Price Action: JFBR shares are up 4.48% at $3.03 premarket at the last check Monday.

Read Next:

  • US Stocks On Edge As Investors Await November Inflation Data: Super Micro, Palantir Among Stocks In Focus

Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market.

Get the latest stock analysis from Benzinga?

    This article Jeffs' Brands Pockets Drone System Distribution Deal On Amazon: Details originally appeared on Benzinga.com

    © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

    免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

    熱議股票

    1. 1
       
       
       
       
    2. 2
       
       
       
       
    3. 3
       
       
       
       
    4. 4
       
       
       
       
    5. 5
       
       
       
       
    6. 6
       
       
       
       
    7. 7
       
       
       
       
    8. 8
       
       
       
       
    9. 9
       
       
       
       
    10. 10