Jeffs’ Brands Announces Trademark Registration Approval for Wellution®, a Wellness and Personal Care Brand (49%) from the USPTO
29 November 2024 - 12:07PM
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 Wellution, a Wellness and
Personal Care brand owned by SciSparc Nutraceuticals Inc., its 49%
held subsidiary (the “Subsidiary”), has received an official
registration of its trademark for non-medicated skin care
preparations and hair care products. The trademark provides
intellectual property protection for Wellution's innovative
offerings in Class 3 goods (non-medicated cosmetics).
Wellution® sells on Amazon Marketplace dozens of hemp-based,
top-ranked products, including hemp gummies, hemp oil capsules,
hemp gel, hemp cream, detox pills, height pills, antibacterial
creams, and anti-aging creams, among other beauty and hair
treatment products, all of which are manufactured in the United
States.
“Our Subsidiary has successfully passed the Trademark
Application Filing Stage with the U.S. Patent & Trademark
Office of the “Wellution trademark”, commented Vicktor Hakmon, CEO
of Jeff’s Brands. “Our Company is moving fast on all fronts to get
ready for the Christmas shopping season in Q-4, and we are aiming
to become a major player in the wellness space through the
operations of our Subsidiary.”
About Jeffs’ Brands Ltd
Jeffs' Brands aims to transform the world of e-commerce by
creating and acquiring products and turning them into market
leaders, tapping into vast, unrealized growth potential. Through
the Company’s management team’s insight into the FBA Amazon
business model, it aims to use both human capability and advanced
technology to take products to the next level. For more information
on Jeffs’ Brands Ltd visit https://jeffsbrands.com.
Forward-Looking Statement Disclaimer
This press release contains “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, that are intended to be covered by the “safe harbor”
created by those sections. Forward-looking statements, which are
based on certain assumptions and describe our future plans,
strategies and expectations, can generally be identified by the use
of forward-looking terms such as “believe,” “expect,” “may,”
“should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,”
“anticipate” or other comparable terms. For example, we are using
forward-looking statements when discussing the protection of the
brand’s innovative product offerings by the registration of the
Wellution® trademark, the strengthening of the Company’s presence
in the wellness and personal care market, as well as anticipated
increases in sales volumes during the upcoming holiday season in
Q-4. Forward-looking statements are neither historical facts
nor assurances of future performance. Instead, they are based only
on our current beliefs, expectations and assumptions regarding the
future of our business, future plans and strategies, projections,
anticipated events and trends, the economy and other future
conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and many of
which are outside of our control. Our actual results and financial
condition may differ materially from those indicated in the
forward-looking statements. Therefore, you should not rely on any
of these forward-looking statements. Important factors that could
cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements
include, among others, the following: our ability to adapt to
significant future alterations in Amazon’s policies; our ability to
sell our existing products and grow our brands and product
offerings, including by acquiring new brands; our ability to meet
our expectations regarding the revenue growth and the demand for
e-commerce; the overall global economic environment; the impact of
competition and new e-commerce technologies; general market,
political and economic conditions in the countries in which we
operate; projected capital expenditures and liquidity; the impact
of possible changes in Amazon’s policies and terms of use; the
impact of the conditions in Israel, including the recent attacks by
Hamas, Iran, and other terrorist organizations; and the other risks
and uncertainties described in the Company’s Annual Report on Form
20-F for the year ended December 31, 2023, filed with the U.S.
Securities and Exchange Commission (“SEC”), on April 1, 2024 and
our other filings with the SEC. We undertake no obligation to
publicly update any forward-looking statement, whether written or
oral, that may be made from time to time, whether as a result of
new information, future developments or otherwise.
Investor Relations Contact:
Michal Efraty Adi and Michal PR- IR Investor Relations, Israel
michal@efraty.com
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