Jeffs’ Brands: Fort Technology Announces Closing of a CAD 5 Million Private Placement of Convertible Debenture Representing a Valuation of Approximately CAD 27 million

Tel Aviv, Israel, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that Fort Technology Inc. (“Fort”) (TSXV: FORT), a TSX Venture Exchange-listed company in which Jeffs’ Brands holds 75.02%, has closed its previously announced private placement of convertible debentures (the “Convertible Debentures”) for gross proceeds of CAD 5 million (the “Private Placement”).